Generative artificial intelligence startup Harvey has secured $80 million in a Series B funding round. The round was co-led by Elad Gil and Kleiner Perkins, with participation from the OpenAI Startup Fund and Sequoia. With this latest investment, Harvey’s total funding crosses the $100 million mark. Read more
Established just a year ago, Harvey utilizes OpenAI’s GPT models to develop custom applications for law firms. Several significant legal technology industry players have already partnered with the platform. For instance, Allen & Overy, the first law firm to integrate Harvey, enabled this technology for their lawyers in February. Another key participant is Macfarlanes, which brought the AI solution into action in September.
In a blog post celebrating the funding announcement, Harvey expressed plans to use this investment to expand their custom model building, scale up the team, and flesh out their suite of product features.