Funding round
Harvey Growth
Reported as "Growth Equity"
Harvey, which works in AI-Powered legal document research services in San Francisco, raised $550M in a Growth round announced on 9 Sep 2026, led by Diffusion Capital Partners and Lightspeed Venture Partners, at a $15.50B post-money valuation. 15 firms took part, 11 of them already investors. It is Harvey's ninth venture round on record; the one before was a Growth in Mar 2026.
$550M
Amount raised
$15.50B
Post-money valuation
$14.95B pre-money
15
Investors
2 leads
1.4x
Step-up from the Growth
$11.00B in Mar 2026
3.5%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Harvey at $15.50B after the new money, 1.4 times the $11.00B of its Growth (Mar 2026). The $550M bought investors about 3.5% of the company. It came 6 months after Harvey's Growth. It is 32% of the $1.72B Harvey has raised in the venture rounds on record. No later venture round is on record for Harvey.
Harvey's funding rounds
Harvey has 9 venture rounds on record. This one is highlighted.
- Seed 23 Nov 2022, led by OpenAI Startup Fund $5.0M
- Series A 26 Apr 2023, led by Sequoia Capital $21M
- Series B 19 Dec 2023, led by Kleiner Perkins and Elad Gil $80M$715M post-money
- Series C 23 Jul 2024, led by GV $100M$1.50B post-money
- Series D 12 Feb 2025, led by Sequoia Capital $300M$3.00B post-money
- Series E 23 Jun 2025, led by Kleiner Perkins and Coatue $300M$5.00B post-money
- Series F 4 Dec 2025, led by Andreessen Horowitz $160M$8.00B post-money
- Growth 25 Mar 2026, led by GIC and Sequoia Capital $200M$11.00B post-money
- Growth this round 9 Sep 2026, led by Diffusion Capital Partners and Lightspeed Venture Partners $550M$15.50B post-money
Investors
Who put money in
Diffusion Capital Partners and Lightspeed Venture Partners led the round with 13 other firms. Sequoia Capital, Andreessen Horowitz, Kleiner Perkins and Coatue and 7 more had backed Harvey before.
Lead investors
- backs 6 venture-backed companies new investor
- Lightspeed Venture Partners backs 454 venture-backed companies new investor
Also in the round
- Sapphire Ventures backs 148 venture-backed companies new investor
- Whale Rock Capital Management new investor
- Sequoia Capital backs 589 venture-backed companies existing investor
- Andreessen Horowitz backs 722 venture-backed companies existing investor
- Kleiner Perkins backs 285 venture-backed companies existing investor
- Coatue backs 229 venture-backed companies existing investor
- backs 44 venture-backed companies existing investor
- Elad Gil existing investor
- Evantic existing investor
- GIC backs 98 venture-backed companies existing investor
- Goldman Sachs Alternatives existing investor
- Verified Capital existing investor
- WNDR existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
240 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 9.2 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Motive Tech Companies | 10 Sep 2026 | $1.30B | not disclosed | General Catalyst |
| Motive Tech Companies | 10 Sep 2026 | $1.30B | not disclosed | General Catalyst |
| EliseAI Tech Companies | 29 Sep 2026 | $350M | $4.00B | Andreessen Horowitz and Bessemer Venture Partners |
| ElevenLabs Tech Companies | 30 Sep 2026 | $300M | $22.00B | Wellington Management and T. Rowe Price |
| Tech Companies | 1 Sep 2026 | $261M | not disclosed | not named |
| Tech Companies | 9 Sep 2026 | $250M | $1.00B | Andreessen Horowitz and Founders Fund |
| HiBob Tech Companies | 1 Sep 2026 | $166M | $3.20B | Salesforce Ventures |
| Tech Companies | 23 Sep 2026 | $150M | $2.00B | Multiples |
Sources
Where this comes from
Reported by 8 sources.
Questions
Frequently asked
How much did Harvey raise in its Growth round?
Harvey raised $550M in its Growth round, announced in Sep 2026.
Who led Harvey's Growth round?
Diffusion Capital Partners and Lightspeed Venture Partners led it, with Sapphire Ventures, Whale Rock Capital Management, Sequoia Capital, Andreessen Horowitz and Kleiner Perkins and 8 more.
What was Harvey's valuation at the Growth round?
$15.50B post-money ($14.95B pre-money).
How does it compare with other Growth rounds in Tech Companies?
240 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 9.2 times the median.