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Funding round

Harvey Series A

Harvey, which works in AI-Powered legal document research services in San Francisco, raised $21M in a Series A round announced on 26 Apr 2023, led by Sequoia Capital. 5 firms took part, with 1 individual investor. It is Harvey's second venture round on record; the one before was a Seed in Nov 2022.

$21M

Amount raised

Not disclosed

Post-money valuation

5

Investors

1 lead

Valuation

What this round says about the price

Harvey did not disclose a valuation in this round. It came 5 months after Harvey's Seed. It is 1.2% of the $1.72B Harvey has raised in the venture rounds on record. Harvey raised again 8 months later: a Series B round of $80M in Dec 2023, at $715M post-money.

Harvey's funding rounds

Harvey has 9 venture rounds on record. This one is highlighted.

  1. Seed 23 Nov 2022, led by OpenAI Startup Fund $5.0M
  2. Series A this round 26 Apr 2023, led by Sequoia Capital $21M
  3. Series B 19 Dec 2023, led by Kleiner Perkins and Elad Gil $80M$715M post-money
  4. Series C 23 Jul 2024, led by GV $100M$1.50B post-money
  5. Series D 12 Feb 2025, led by Sequoia Capital $300M$3.00B post-money
  6. Series E 23 Jun 2025, led by Kleiner Perkins and Coatue $300M$5.00B post-money
  7. Series F 4 Dec 2025, led by Andreessen Horowitz $160M$8.00B post-money
  8. Growth 25 Mar 2026, led by GIC and Sequoia Capital $200M$11.00B post-money
  9. Growth 9 Sep 2026, led by Diffusion Capital Partners and Lightspeed Venture Partners $550M$15.50B post-money

Investors

Who put money in

Sequoia Capital led the round with 4 other firms.

Lead investor

Also in the round

  • OpenAI Startup Fund new investor
  • backs 44 venture-backed companies new investor
  • SV Angel backs 293 venture-backed companies new investor
  • Elad Gil

Individual investors: Elad Gil.

Comparable rounds

How it compares

1,521 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 1.8 times the median. The closest in time, other companies' Series A rounds in Tech Companies:

Series A rounds in Tech Companies, Apr 2022 to Apr 2024: 1521 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Inflection AI Tech Companies24 Apr 2023$225Mnot disclosednot named
Tech Companies20 Apr 2023$50Mnot disclosedSYN Ventures
Tech Companies19 Apr 2023$45Mnot disclosedAcrew Capital
Tech Companies19 Apr 2023$45Mnot disclosedAcrew Capital
Tech Companies13 Apr 2023$36Mnot disclosedBain Capital Ventures
Tech Companies4 Apr 2023$20Mnot disclosedSignalFire
Tech Companies19 Apr 2023$20Mnot disclosedKoch Disruptive Technologies
Tech Companies17 Apr 2023$16Mnot disclosedOxford Science Enterprises

Sources

Where this comes from

Reported by 3 sources.

Questions

Frequently asked

How much did Harvey raise in its Series A round?

Harvey raised $21M in its Series A round, announced in Apr 2023.

Who led Harvey's Series A round?

Sequoia Capital led it, with OpenAI Startup Fund, Conviction, SV Angel and Elad Gil.

What was Harvey's valuation at the Series A round?

It was not disclosed.

How does it compare with other Series A rounds in Tech Companies?

1,521 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 1.8 times the median.

Did Harvey raise again after this round?

Yes: a Series B round in Dec 2023 of $80M at $715M post-money.