Harvey has unveiled Goldman Sachs and JP Morgan as its latest investors.
The funding – through Goldman Sachs Alternatives and JP Morgan’s Growth Equity Partners – is for an undisclosed sum and follows a major boost in March when a $200m funding round co-led by Singapore sovereign wealth fund GIC and venture capital firm Sequoia valued the business at $11bn.
CEO Winston Weinberg said: “We are thrilled to welcome JP Morgan Growth Equity Partners and Goldman Sachs Alternatives to Harvey. As we scale, bringing on marquee investors for our next stage of growth is critical, and we feel fortunate to have two of the best names in the investment space as part of Harvey.”
Nico Belmonte, VP engineering and New York engineering site lead, wrote on LinkedIn: “Two of the most demanding institutions in finance looked at what we’re building for professional services and decided to back it.”
Harvey, which also revealed that it added more than $100m in annual recurring revenue (ARR) in Q1, has made three acquisitions this year.
Earlier this month, it secured a deal to purchase New York-based investment firm-focused AI platform Benchmark to accelerate the growth of Harvey’s asset management business.
In March, it acquired AI-powered customer integration platform start-up Lume and in January it purchased AI product demo company Hexus.
The investment continues Goldman Sachs' interest in the booming legaltech market. Last November, its asset management arm participated in a $500m Series G funding round for Canadian legaltech firm Clio, and in July 2025 it led a Series E funding round for Japanese legaltech start-up LegalOn.
This week, Harvey's main legal AI rival Legora agreed to acquire UK AI litigation intelligence start-up Wexler, its fifth acquisition this year.
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