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One of the blockbuster hits of the AI age is, without a doubt, legal tech startup Harvey<\/a>. On Wednesday, the company confirmed<\/a> that it had closed a new raise at an $11 billion valuation, after reports circulated last month<\/a> that it was working on another monster round.<\/p>\n The company confirmed it inhaled $200 million from this round, co-led by returning investors Singapore\u2019s GIC and Sequoia. Existing investors Andreessen Horowitz, Coatue, Conviction Partners, Elad Gil, Evantic, and Kleiner Perkins also participated.<\/p>\n With this new funding, the company has raised more than $1 billion in total, and its valuation jumped over 3.5x in a year. Harvey was valued at $8 billion from a round announced in December, led by Andreessen Horowitz. Before that, it was valued at $5 billion from a round led by Kleiner Perkins and Coatue, announced in June, and was at $3 billion from a Sequoia-led raise announced in February 2025.<\/p>\n Sequoia has now co-led three of its rounds since its Series A, a move even Sequoia partner Pat Grady acknowledged was an unusually large show of faith for the VC firm, Grady said in the press release. A few months ago, founder and CEO Winston Weinberg described to TechCrunch\u2019s EIC what a wild ride it\u2019s been<\/a>.<\/p>\n<\/div>\n