Legal AI startup Harvey confirms US$160 million round led by a16z at US$8 billion valuation

Summary

Harvey, a San Francisco–based legal AI platform, has confirmed a new US$160 million investment led by Andreessen Horowitz that values the company at US$8 billion, following earlier US$300 million rounds in February and June. The funding, which also involves investors such as T. Rowe Price–advised accounts, WndrCo, Sequoia and Kleiner Perkins, will support expansion of Harvey’s products for law firms and in‑house legal teams and includes its first tender offer to provide liquidity to employees.