Harvey Reportedly Raising At $11b Valuation Just Months After It Hit $8b - Beritaja

In Brief

There appears to beryllium nary stopping ineligible AI startup Harvey’s skyrocketing growth, pinch VCs continuously throwing money astatine it. The institution is reportedly successful talks to raise different $200 cardinal astatine an $11 cardinal valuation led by Sequoia and Singapore’s GIC, sources told Forbes.

If the woody closes, Harvey’s valuation would jump by $3 cardinal successful a matter of months. In December the institution confirmed it had raised $160 cardinal at an $8 cardinal valuation led by Andreessen Horowitz last fall. (Harvey declined to remark connected its imaginable caller raise.)

Back successful June, it announced a $300 cardinal Series E astatine a $5 cardinal valuation led by Kleiner Perkins and Coatue. A fewer months earlier that, successful February 2025, it gobbled up a Sequoia-led $300 cardinal Series D at a $3 cardinal valuation.

The startup, which offers an LLM AI for rule firms, deed an yearly recurring gross complaint of $190 cardinal by the extremity of 2025, laminitis CEO Winston Weinberg shared on LinkedIn. That was up from a $100 cardinal ARR successful August (depending connected what the institution intends by ARR), truthful that’s about double the contracted gross successful little than six months.

How has it go 1 of the breakout winners of AI endeavor applications? Weinberg precocious told TechCrunch’s editor-in-chief Connie Loizos an unthinkable communicative of really the institution originally claimed the hearts of Silicon Valley’s powerhouse VCs.

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