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HarveyFunding

Harvey raises $150M at a $8B valuation in its third funding round this year

What happened

harvey.ai receives financing of $150M in fresh funding.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Harvey raises $150M at a $8B valuation in its third funding round this year. Harvey, a legal tech startup, raised $150 million at an $8 billion valuation in its third funding round of 2025, more than doubling its value in under a year amid intensifying competition in the legal AI market. Legal AI startup Harvey has secured $150 million in fresh funding led by Andreessen Horowitz, valuing the company at $8 billion. This marks Harvey's third major raise of 2025, bringing its total capital raised this year to approximately $750 million. The San Francisco-based company, named after the protagonist from TV's Suits, provides AI tools to major law firms, including A&O Shearman and Ashurst. Harvey's valuation has more than doubled since early 2025, when it was valued at $3 billion. Founded in 2022, Harvey now generates over $100 million in annual recurring revenue and employs 350 people. However, the startup faces increasing competition in the legal AI market from rivals, such as the Swedish startup Legora and established players including Luminance and Clio, even as more companies show interest in automating legal work for lawyers managing contracts and case files.

dataphoenix.info/harvey-raises-150m-at-a-8b-valuation-in-its-third-fu...Read the full source

Extracted by Autobound

From the Signal API record
Event
Funding

What this signalsNew funding often brings new budget and vendor reviews.

Amount
$150M
Amount as written
$150 million
Financing type
Fresh funding

The full record

From the Signal API record

Numbers

Amount (USD)
$150M

Details

Category
Receives financing

Topics and mentions

Financing type

  • equity

Extraction

Confidence
61%
Detected
Oct 31, 2025
signal_type
news
signal_subtype
receives_financing

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/59193682-36d6-4b18-bcb7-c5f66344be66 returns this record as JSON. POST /v1/companies/enrich returns every signal for harvey.ai.

{
  "signal_id": "59193682-36d6-4b18-bcb7-c5f66344be66",
  "signal_type": "news",
  "signal_subtype": "receives_financing",
  "detected_at": "2025-10-31T01:06:39+00:00",
  "company": {
    "name": "Harvey",
    "domain": "harvey.ai"
  },
  "data": {
    "url": "https://dataphoenix.info/harvey-raises-150m-at-a-8b-valuation-in-its-third-funding-round-this-year",
    "title": "Harvey raises $150M at a $8B valuation in its third funding round this year",
    "amount": "$150 million",
    "excerpt": "Harvey raises $150M at a $8B valuation in its third funding round this year.\n\nHarvey, a legal tech startup, raised $150 million at an $8 billion valuation in its third funding round of 2025, more than doubling its value in under a year amid intensifying competition in the legal AI market.\n\nLegal AI startup Harvey has secured $150 million in fresh funding led by Andreessen Horowitz, valuing the company at $8 billion. This marks Harvey's third major raise of 2025, bringing its total capital raised this year to approximately $750 million.\n\nThe San Francisco-based company, named after the protagonist from TV's Suits, provides AI tools to major law firms, including A&O Shearman and Ashurst. Harvey's valuation has more than doubled since early 2025, when it was valued at $3 billion.\n\nFounded in 2022, Harvey now generates over $100 million in annual recurring revenue and employs 350 people. However, the startup faces increasing competition in the legal AI market from rivals, such as the Swedish startup Legora and established players including Luminance and Clio, even as more companies show interest in automating legal work for lawyers managing contracts and case files.",
    "summary": "harvey.ai receives financing of $150M in fresh funding.",
    "category": "receives_financing",
    "found_at": "2025-10-31T01:06:39Z",
    "planning": false,
    "image_url": "https://images.unsplash.com/photo-1479142506502-19b3a3b7ff33?crop=entropy&cs=tinysrgb&fit=max&fm=jpg&ixid=M3wxMTc3M3wwfDF8c2VhcmNofDEwfHxsYXd8ZW58MHx8fHwxNzYxODcyNzEwfDA&ixlib=rb-4.1.0&q=80&w=2000",
    "confidence": 0.6055,
    "published_at": "2025-10-31T01:06:39Z",
    "financing_type": "fresh funding",
    "article_sentence": "Harvey raises $150M at a $8B valuation in its third funding round this year.",
    "amount_normalized": 150000000,
    "financing_type_tags": [
      "equity"
    ]
  }
}

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