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Fortune
Fortune
Alexandra Sternlicht

Harvey raises $300 million at $5 billion valuation to be legal AI for lawyers worldwide

Bivek Sharma and Winston Weinberg onstage (Credit: fortune)

Happy Monday. It’s Alexandra Sternlicht subbing for Allie. 

Today, we’re sharing news that legal LLM Harvey raised a $300 million Series E at a $5 billion valuation. The company, which sells lawyers AI solutions, lists large law firm customers like Paul, Weiss as well as in-house legal departments at major corporations, including KKR and PwC. With the fresh funding, Harvey plans to double its headcount to expand its global presence and diversity into new professional services like tax accounting.

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