Core Insights - Harvey AI has raised $300 million in Series E funding, achieving a valuation of $5 billion, just four months after its previous Series D funding round of $300 million at a $3 billion valuation [1] - The funding round was led by Kleiner Perkins and Coatue, with participation from existing investors including Conviction, Elad Gil, OpenAI Startup Fund, and Sequoia Capital [1] - Harvey AI is rapidly expanding its team, currently employing 340 people, with plans to double its workforce using the new funds [1] - The company aims to develop AI products for professional services beyond the legal field, including tax accounting [1] - Harvey AI's AI solutions assist lawyers in document review and contract drafting, currently serving 337 legal clients [1] - The company's annual recurring revenue has surged from $50 million at the beginning of the year to $75 million by April [1] Competitive Landscape - Harvey AI competes with established legal tech startups such as Ironclad, founded 10 years ago, and Clio, founded 17 years ago, which raised $300 million at a $3 billion valuation last year [2]
速递｜ 红杉四个月内两度押注，E轮Harvey再融3亿美金，逆AI裁员潮团队年内翻倍
Z Potentials·2025-06-24 04:29