OpenAI-backed legaltech startup Harvey raises $100M

Quick Summary:

Harvey, a startup building what it describes as an AI-powered “copilot” for lawyers, has raised $100 million in a Series C round led by GV, Google’s corporate venture wing.

Given the sensitive nature of most legal disputes, some lawyers and law firms might be reluctant to give a tool like Harvey access to any case documents.

The tranche, which also had participation from heavy-hitting angels and VCs OpenAI, Kleiner Perkins, Sequoia Capital, Elad Gil and SV Angel, brings Harvey’s total raised to $206 million and values the firm at $1.5 billion.

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Article Details

Author / Journalist: Kyle Wiggers

Category: Technology

Markets: United StatesSingaporeUkraine

Topics: Fundraising Harvey Enterprise Funding AI OpenAI Generative AI Legaltech

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 18:01:08 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1229 words

Reading Time: 7 minutes read

Sentences: 51 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © TechCrunch

News ID: 21754722

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