Generative AI specialist Harvey and The Legal Tech Fund (TLTF) have unveiled a partnership to source investment opportunities in legaltech start-ups.
The aim is to provide financial backing and know-how to founders of selected start-ups with Harvey looking to invest in a “small number of outstanding organisations”, according to its CEO, Winston Weinberg.
The deal is notable given that Harvey was itself recently a start-up, having been founded in 2021, although its most recent valuation in December 2025 was $8bn.
According to Business Insider, Harvey will make direct investments of less than $2m each with some investments likely to lead to partnerships, allowing it to “steer those clients to vendors it trusts while keeping a hand on the wheel as it tries to build the main tech hub”.
Weinberg told Legal IT Insider that Harvey received a lot of queries from start-ups and the deal with TLTF would help “systematise and potentially triage those approaches”.
Zach Posner, CEO and managing partner of TLTF, said: “We are fortunate to have a front-row seat to almost all of the companies coming up in legaltech and we’re lucky enough to back many of them.
“Bringing Harvey alongside us in some of those investments says a lot about where this ecosystem is right now. The market is maturing, the opportunity is growing and the best is still ahead.”
TLTF was founded in 2021 as the first venture fund dedicated to legaltech.
In November, it closed a second fund for $110m. McDermott Will & Schulte, which invested $10m, and electronic discovery specialist Consilio, were joint lead investors in the fund.
Its portfolio currently comprises 81 companies.
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