Harvey in 2025: $600M Raised, $5B Valued, and Still Going

In just three years, Harvey AI has scaled from a legal tech experiment to one of the most closely watched AI companies in enterprise software. Founded in 2022 by Winston Weinberg, a former associate at O’Melveny, and Gabe Pereyra, a former DeepMind and Meta researcher, Harvey now stands at a $5 billion valuation following its recent $300 million Series E round. The new round, co-led by Kleiner Perkins and Coatue, follows another $300 million Series D round led by Sequoia just four months prior. This is a dramatic funding cadence ($600 million in less than half a year). Harvey’s valuation has grown from $3 billion to $5 billion in a span of four months, reflecting a 67× revenue multiple on its $75 million annualized run rate. These figures put Harvey well above legacy competitors