One of the standout stars of the legal technology arena is Harvey, an artificial intelligence platform that aims to revolutionise legal practice. On Wednesday, it was confirmed that Harvey has secured $200 million in funding, valuing the company at a staggering $11 billion. This latest round, co-led by Singapore’s GIC and Sequoia Capital, comes after rumors of another significant fundraising effort.

With this influx of capital, Harvey now stands as one of the most valuable startups in its field, having raised over $1 billion to date. Its valuation has surged an impressive 3.5 times since December last year, when it was valued at $8 billion by Andreessen Horowitz. Prior to that, it had been worth $5 billion and later $3 billion.

Sequoia Capital’s decision to co-lead this round is particularly noteworthy, as the firm has now co-led three of Harvey’s rounds since its Series A funding in 2025. This unusually large commitment from Sequoia underscores a growing faith in AI-driven legal tech, but also prompts questions about whether such largesse could be setting new precedents for startup valuations.

For founder and CEO Winston Weinberg, Harvey’s journey has been nothing short of “a wild ride.” His candid reflections to TechCrunch’s Editor-in-Chief reveal the highs and lows of navigating this competitive landscape. As Harvey continues to push boundaries in AI and legal services, its meteoric rise raises intriguing questions about the future of technology and entrepreneurship.