Harvey reportedly raised an $11B valuation just months after hitting $8B

There seems to be no stopping AI startup Harvey’s skyrocketing growth, with VCs constantly throwing money at it. The company is said to be in talks to raise another $200 million in an $11 billion round led by Sequoia and Singapore’s GIC, sources told Forbes.

If the deal closes, Harvey’s valuation could jump by $3 billion within months. In December the company confirmed it had raised $160 million at a cost of $8 billion directed by Andreessen Horowitz last fall. (Harvey declined to comment on his new promotion.)

Back in June, it announced a $300 million Series E at a cost of $5 billion led by Kleiner Perkins and Coatue. A few months before this, in February 2025, it was disrupted under the leadership of Sequoia $300 million Series D at a cost of $3 billion.

The startup, which offers LLM AI to law firms, has raised $190 million in revenue by the end of 2025, co-founder Winston Weinberg shared. and LinkedIn. This was up from $100 million ARR in August (depending on what the company means by ARR), so that’s almost double the amount he’s made in less than six months.

How has it become one of the best in AI business? Weinberg recently told TechCrunch editor-in-chief Connie Loizos The amazing story of how the company started He also said the hearts of VCs of Silicon Valley are strong.