Harvey confirms $11B valuation: Sequoia triples down
Harvey confirms $11B valuation: Sequoia triples down
In Brief
Posted:
One of the blockbuster hits of the AI age is, without a doubt, legal tech startup Harvey. On Wednesday, the company confirmed that it had closed a new raise at an $11 billion valuation, after reports circulated last month that it was working on another monster round.
The company confirmed it inhaled $200 million from this round, co-led by returning investors Singapore’s GIC and Sequoia. Existing investors Andreessen Horowitz, Coatue, Conviction Partners, Elad Gil, Evantic, and Kleiner Perkins also participated.
With this new funding, the company has raised more than $1 billion in total, and its valuation jumped over 3.5x in a year. Harvey was valued at $8 billion from a round announced in December, led by Andreessen Horowitz. Before that, it was valued at $5 billion from a round led by Kleiner Perkins and Coatue, announced in June, and was at $3 billion from a Sequoia-led raise announced in February 2025.
Sequoia has now co-led three of its rounds since its Series A, a move even Sequoia partner Pat Grady acknowledged was an unusually large show of faith for the VC firm, Grady said in the press release. A few months ago, founder and CEO Winston Weinberg described to TechCrunch EIC what a wild ride it’s been.
Newsletters
Subscribe for the industry’s biggest tech news
Related
Latest in Startups
Sponsorluk
Sponsorluk
Sponsorluk
Sponsorluk
Reklam
Kategoriler
Read More
Google, Meta and Amazon Join Global Pact to Fight Rising Online ScamsModern online scams operate across multiple platforms, perhaps spanning social media, messaging apps, email and online marketplaces. Google, Meta and Amazon are among 11 tech, retail and payments companies that have signed a new agreement to combat online scams by sharing threat intelligence across platforms, Axios first...
'Project Hail Mary' Review: Ryan Gosling Space Epic Is an Instant Sci-Fi Classic Ryan Gosling stars in Project Hail Mary. Amazon MGM StudiosProject Hail Mary is the latest Andy Weir joint to make it to the big screen. The movie, which is based on Weir's 2022 novel of the same name, was written by Drew Goddard (Daredevil, The Martian) and directed by Spider-Man: Into the Spider-Verse's Phil...
Apple Music to add Transparency Tags to distinguish AI music, says report In Brief Posted: 1:43 PM PST · March 4, 2026 Image Credits:TechCrunch Apple Music is changing the way that record labels and distributors can flag AI-generated or AI-assisted content when they upload it to the platform. According to Music Business Worldwide, Apple...
Do siblings need to give their mother their inheritance from their grandparents?Marcia's mother found the will of her deceased father’s parents and is claiming her and her brother's portion. Photo by Getty Images/iStockphotoArticle contentIn an increasingly complex world, the Financial Post should be the first place you look for answers. Our FP Answers initiative puts readers in the driver’s...
Female Israeli soldiers rescued after being chased by ultra-Orthodox menProtesters, police and military clashTwo female Israeli soldiers had to be rescued by police after being chased by a crowd of ultra-Orthodox Jewish men.Footage from the city of Bnei Brak showed the women running through streets strewn with rubbish and overturned bins as police officers formed a protective barrier. More than...
