Funding round
Harvey Series E
Harvey, which works in AI-Powered legal document research services in San Francisco, raised $300M in a Series E round announced on 23 Jun 2025, led by Kleiner Perkins and Coatue, at a $5.00B post-money valuation. 10 firms took part, 10 of them already investors. It is Harvey's sixth venture round on record; the one before was a Series D in Feb 2025.
$300M
Amount raised
$5.00B
Post-money valuation
$4.70B pre-money
10
Investors
2 leads
1.7x
Step-up from the Series D
$3.00B in Feb 2025
6.0%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Harvey at $5.00B after the new money, 1.7 times the $3.00B of its Series D (Feb 2025). The $300M bought investors about 6.0% of the company. It came 4 months after Harvey's Series D. It is 17% of the $1.72B Harvey has raised in the venture rounds on record. Harvey raised again 6 months later: a Series F round of $160M in Dec 2025, at $8.00B post-money.
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 this round 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 9 Sep 2026, led by Diffusion Capital Partners and Lightspeed Venture Partners $550M$15.50B post-money
Investors
Who put money in
Kleiner Perkins and Coatue led the round with 8 other firms. Kleiner Perkins, Coatue, Sequoia Capital and GV and 6 more had backed Harvey before.
Lead investors
- Kleiner Perkins backs 285 venture-backed companies existing investor
- Coatue backs 229 venture-backed companies existing investor
Also in the round
- Sequoia Capital backs 589 venture-backed companies existing investor
- GV backs 428 venture-backed companies existing investor
- DST Global backs 179 venture-backed companies existing investor
- backs 44 venture-backed companies existing investor
- Open AI Startup Fund existing investor
- backs 25 venture-backed companies existing investor
- SV Angel backs 293 venture-backed companies existing investor
- backs 16 venture-backed companies 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
40 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $200M, and this round was 1.5 times the median. The closest in time, other companies' Series E rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Cyera Tech Companies | 11 Jun 2025 | $540M | $6.00B | Georgian and Greenoaks |
| Ramp Tech Companies | 17 Jun 2025 | $200M | $16.00B | Founders Fund |
| Coralogix Tech Companies | 17 Jun 2025 | $115M | $1.00B | NewView Capital |
| Perplexity Tech Companies | 14 May 2025 | $500M | $14.00B | Accel |
| Tech Companies | 24 Jul 2025 | $50M | not disclosed | Goldman Sachs |
| Tech Companies | 23 Jul 2025 | $50M | not disclosed | Crosslink Capital |
| EliseAI Tech Companies | 20 Aug 2025 | $250M | $2.20B | Andreessen Horowitz |
| Nuro Tech Companies | 21 Aug 2025 | $203M | $6.00B | not named |
Sources
Where this comes from
Reported by 3 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Harvey raise in its Series E round?
Harvey raised $300M in its Series E round, announced in Jun 2025.
Who led Harvey's Series E round?
Kleiner Perkins and Coatue led it, with Sequoia Capital, GV, DST Global, Conviction and Open AI Startup Fund and 3 more.
What was Harvey's valuation at the Series E round?
$5.00B post-money ($4.70B pre-money).
How does it compare with other Series E rounds in Tech Companies?
40 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $200M, and this round was 1.5 times the median.
Did Harvey raise again after this round?
Yes: a Series F round in Dec 2025 of $160M at $8.00B post-money.