GIC and Sequoia have co-led a $200m funding round in Harvey, as the investors double down on AI-driven legal infrastructure in a deal valuing the company at $11bn.

The round also includes participation from existing investors such as Andreessen Horowitz, Coatue, Conviction Partners, Elad Gil, Evantic, and Kleiner Perkins, highlighting strong continued backing from leading technology-focused investors.

The investment will be used to expand Harvey’s platform, including scaling its AI agents and growing its global legal engineering teams, as adoption of automated legal workflows accelerates.

“Harvey has become the platform on which legal work runs,” said Pat Grady, partner at Sequoia. “More than 100,000 lawyers around the world run their most critical work on Harvey, and we believe it’s positioned to become one of the most important companies of the next decade.”

Harvey’s platform supports more than 100,000 lawyers across 1,300 organisations in over 60 countries, with over 25,000 custom agents deployed to execute complex workflows across areas such as M&A, due diligence, and contract analysis.

The company has experienced rapid growth, with adoption across major law firms, in-house legal teams, and asset managers, reflecting a broader shift towards AI-driven productivity tools in professional services.

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