ARR
$100M ARR ~3 years after launch; 500+ customers
link OK historical point
Legal · Venture-backed
Harvey
AI legal platform for research, drafting, and diligence at firms and corps.
What the agent does
Harvey assists lawyers with research, drafting, and diligence; seats expand rapidly after initial enterprise deals.
Business model
Enterprise seat subscriptions
Lessons for builders
- Land-and-expand seat growth drives legal AI ARR.
- Domain founders (ex-lawyer + researcher) help sell into regulated buyers.
- Hiring senior leadership (CTO, CBO) from scaled companies becomes the bottleneck once ARR compounds.
- Usage-driven seat expansion with 97% gross revenue retention let a vertical agent add over $100M ARR in a single quarter.
Annualized revenue
$400M
ARR · as of 2026-09
Founded 2022 · Team —
Last verified 2026-10-15
Ownership checked 2026-10-16
Growth
Annualized revenue over time
Sourced metrics
| Metric | Value | As of | Source | Checks |
|---|---|---|---|---|
| ARR | $100M ARR ~3 years after launch; 500+ customers | 2025-08 | CNBC (company announcement) | link OK historical point |
| Valuation | $5B valuation ($300M Series E) | 2025-06 | Harvey blog | link OK historical point |
| Funding | $300M Series E co-led by Kleiner Perkins and Coatue | 2025-06 | Harvey blog | link OK historical point |
| ARR reported | $190M ARR in January 2026 (CNBC, up from the $100M the company announced in Aug 2025) | 2026-01 | CNBC | link OK historical point |
| ARR | crossed $400M ARR; added over $100M ARR in Q3 2026; 97% GRR | 2026-09 | Harvey on X (Q3 2026 recap) | link OK |
| Valuation | $15.5B valuation ($550M round co-led by Diffusion and Lightspeed) | 2026-09-09 | LawSites (company announcement) | link OK |
| Funding | $550M raise co-led by Diffusion and Lightspeed | 2026-09-09 | LawSites (company announcement) | link OK |
Valuation
$5B valuation ($300M Series E)
link OK historical point
Funding
$300M Series E co-led by Kleiner Perkins and Coatue
link OK historical point
ARR reported
$190M ARR in January 2026 (CNBC, up from the $100M the company announced in Aug 2025)
link OK historical point
ARR
crossed $400M ARR; added over $100M ARR in Q3 2026; 97% GRR
link OK
Valuation
$15.5B valuation ($550M round co-led by Diffusion and Lightspeed)
link OK
Funding
$550M raise co-led by Diffusion and Lightspeed
link OK
Machine-readable: /api/v1/businesses/harvey.json · Spot an error? Send a correction.
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