Legal AI Startup Harvey Raises Funds at $11 Billion Valuation

Harvey, a startup that develops artificial intelligence for law firms, has raised $200 million in a new funding round that values the company at $11 billion.

The company will use the funds to expands its AI agents and grow its legal engineering teams that’s embedded with the customers, Harvey said in a statement on Wednesday. The round is co-led by existing investors GIC and Sequoia.