Harvey reportedly raising at $11B valuation just months after it hit $8B

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February 9, 2026, 6:21 PM

• •Harvey's valuation could jump to $11 billion.
• •The company's ARR rate reached $190 million by the end of 2025.
• •Harvey's revenue has nearly doubled in less than six months.

Legal AI startup Harvey is reportedly in talks to raise another $200 million, potentially reaching an $11 billion valuation led by Sequoia and GIC. This would mark a $3 billion valuation jump in months, following a $160 million raise last fall. The company, offering an LLM AI for law firms, achieved a $190 million annual recurring revenue rate by the end of 2025. Founder CEO Winston Weinberg shared on LinkedIn that the contracted revenue nearly doubled in less than six months.

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