Harvey reportedly raising at $11B valuation just months after it hit $8B

In Brief

There appears to beryllium nary stopping ineligible AI startup Harvey’s skyrocketing growth, with VCs continuously throwing wealth astatine it. The institution is reportedly successful talks to rise different $200 cardinal astatine an $11 cardinal valuation led by Sequoia and Singapore’s GIC, sources told Forbes.

If the woody closes, Harvey’s valuation would leap by $3 cardinal successful a substance of months. In December the institution confirmed it had raised $160 cardinal at an $8 cardinal valuation led by Andreessen Horowitz last fall. (Harvey declined to remark connected its imaginable caller raise.)

Back successful June, it announced a $300 cardinal Series E astatine a $5 cardinal valuation led by Kleiner Perkins and Coatue. A fewer months earlier that, successful February 2025, it gobbled up a Sequoia-led $300 cardinal Series D at a $3 cardinal valuation.

The startup, which offers an LLM AI for instrumentality firms, deed an yearly recurring gross complaint of $190 cardinal by the extremity of 2025, laminitis CEO Winston Weinberg shared on LinkedIn. That was up from a $100 cardinal ARR successful August (depending connected what the institution means by ARR), truthful that’s astir treble the contracted gross successful little than six months.

How has it go 1 of the breakout winners of AI endeavor applications? Weinberg precocious told TechCrunch’s editor-in-chief Connie Loizos an unthinkable communicative of however the institution originally claimed the hearts of Silicon Valley’s powerhouse VCs.

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