Legal AI giant Harvey acquires Hexus as competition heats up in legal tech

Company Overview - Harvey, a prominent legal AI startup, has acquired Hexus, a startup focused on creating product demos, videos, and guides, as part of its aggressive expansion strategy in the competitive legal tech market [1] - Hexus founder and CEO Sakshi Pratap, with a background in engineering at Walmart, Oracle, and Google, will lead an engineering team at Harvey to enhance offerings for in-house legal departments [2] Acquisition Details - Hexus had previously raised $1.6 million from investors including Pear VC and Liquid 2 Ventures before the acquisition [3] - The acquisition structure is designed around long-term team incentives, although specific deal terms were not disclosed [3] Market Position and Valuation - Harvey is valued at $8 billion after raising $160 million, bringing total funding to $760 million as of 2025 [4] - The company has over 1,000 clients across 60 countries, including a majority of the top 10 U.S. law firms [4] Company Origins - Harvey's inception was inspired by testing GPT-3 on legal questions, leading to significant interest from attorneys [5] - The founders reached out to OpenAI CEO Sam Altman, resulting in an early investment from the OpenAI Startup Fund, which remains a significant investor [6]