Harvey revenue and valuation
Specter estimates Harvey's annual revenue at $340M to $530M and its valuation at $12.9B to $18.6B. The company last reported $350M ARR in August 2026 and was priced at $15.5B in September 2026.
- Estimated revenue
- $340M–$530M
- Estimated valuation
- $12.9B–$18.6B
- Reported ARR
- $350M
- Total funding
- $1.77B
- Founded
- 2022
- Headquarters
- San Francisco, United States
- Employees
- 2,013
Harvey revenue
Harvey grew from $50M ARR in December 2024 to $350M in August 2026. Specter's model puts current ARR between $340M and $530M, anchored to eight reported figures.
Monthly data
| Month | Specter estimate | Low | High | Reported ARR |
|---|---|---|---|---|
| $420M | $340M | $530M | ||
| $370M | $310M | $460M | ||
| $350M | $290M | $420M | $350M | |
| $320M | $270M | $390M | ||
| $300M | $250M | $360M | $300M | |
| $260M | $210M | $320M | ||
| $230M | $189M | $280M | ||
| $200M | $166M | $240M | $200M | |
| $197M | $159M | $240M | ||
| $193M | $158M | $240M | ||
| $190M | $158M | $230M | $195M | |
| $150M | $125M | $180M | $150M | |
| $131M | $105M | $163M | ||
| $114M | $93M | $140M | ||
| $100M | $83M | $120M | $100M | |
| $92M | $74M | $114M | ||
| $84M | $64M | $111M | ||
| $77M | $60M | $100M | ||
| $71M | $55M | $91M | ||
| $65M | $50M | $84M | ||
| $59M | $47M | $75M | ||
| $55M | $43M | $69M | ||
| $50M | $42M | $60M | $50M | |
| $50M | $40M | $62M | ||
| $34M | $16M | $52M | ||
| $29M | $15M | $44M | ||
| $40M | $14M | $65M | ||
| $27M | $12M | $42M | ||
| $21M | $12M | $30M |
| Date | Reported ARR | Source |
|---|---|---|
| $350M | ||
| $300M | ||
| $200M | ||
| $195M | ||
| $190M | ||
| $150M | ||
| $100M | ||
| $50M |
Harvey valuation
Harvey's valuation rose from $150M at its Series A in April 2023 to $15.5B at its Series H in September 2026. Specter's live estimate sits between $12.9B and $18.6B.
Monthly data
| Month | Specter estimate | Low | High | Reported valuation |
|---|---|---|---|---|
| $15.5B | $12.9B | $18.6B | ||
| $15.5B | $12.9B | $18.6B | $15.5B (round) | |
| $11.1B | $9.11B | $13.6B | ||
| $8B | $6.65B | $9.62B | $8B (press) | |
| $11B | $9.15B | $13.2B | $11B (press) | |
| $11B | $9.15B | $13.2B | $11B (press) | |
| $11B | $9.15B | $13.2B | $11B (press) | |
| $11B | $9.15B | $13.2B | $11B (round) | |
| $11B | $9.15B | $13.2B | $11B (press) | |
| $8B | $6.65B | $9.62B | $8B (press) | |
| $8B | $6.65B | $9.62B | $8B (press) | |
| $8B | $6.52B | $9.82B | ||
| $8B | $6.65B | $9.62B | $8B (round) | |
| $6.84B | $5.45B | $8.58B | ||
| $5.85B | $4.79B | $7.14B | ||
| $5B | $4.16B | $6.01B | $5B (press) | |
| $5B | $4.16B | $6.01B | $5B (round) | |
| $5B | $4.16B | $6.01B | $5B (press) | |
| $4.22B | $3.4B | $5.24B | ||
| $3.56B | $2.9B | $4.36B | ||
| $3B | $2.5B | $3.61B | $3B (round) | |
| $2.72B | $2.19B | $3.37B | ||
| $2.46B | $2.02B | $3B | ||
| $2.23B | $1.84B | $2.7B | ||
| $2.02B | $1.69B | $2.42B | ||
| $1.83B | $1.52B | $2.19B | ||
| $1.66B | $1.39B | $1.98B | ||
| $1.5B | $1.25B | $1.8B | $1.5B (round) | |
| $5B | $4.16B | $6.01B | $5B (press) |
Harvey funding rounds
| Date | Round | Raised | Post-money valuation | Lead investors |
|---|---|---|---|---|
| Series H | $550M | $15.5B | Diffusion, Lightspeed Venture Partners | |
| Venture round | Undisclosed | Undisclosed | Goldman Sachs Alternatives, J.P. Morgan Growth Equity Partners | |
| Series G | $200M | $11B | GIC, Sequoia Capital | |
| Series F | $160M | $8B | Andreessen Horowitz | |
| Series E | $59M | $5B | EQT Growth | |
| Series E | $300M | $5B | Kleiner Perkins, Coatue | |
| Series D | $300M | $3B | Sequoia Capital | |
| Series C | $100M | $1.5B | Google Ventures | |
| Series B | $80M | $715M | Kleiner Perkins | |
| Series A | $21M | $150M | Sequoia Capital | |
| Seed | $5M | Undisclosed | OpenAI Startup Fund |
Harvey competitors
The legal AI market divides between specialized contract automation and comprehensive research workspaces.
| Company | Revenue | Valuation |
|---|---|---|
| $340M–$530M | $12.9B–$18.6B | |
| $2.1B–$3.15B | $1.14B–$5.25B | |
| $700K–$3.6M | No estimate | |
| $23M–$110M | $300M–$710M | |
| $29M–$41M | $230M–$700M |
Harvey revenue and valuation FAQ
What is Harvey's revenue?
Specter estimates Harvey's annual recurring revenue at $340M to $530M as of October 2026. Harvey last reported $350M ARR in August 2026, up from $50M in December 2024.
What is Harvey's valuation?
Harvey's latest post-money valuation is $15.5B, from a September 2026 Series H. Specter's live estimate is $12.9B to $18.6B.
What is Harvey's revenue multiple?
Harvey is valued at about 44.3× ARR, based on its $15.5B September 2026 valuation and $350M last reported ARR. That works out to roughly $174K of ARR per employee.
How much funding has Harvey raised?
$1.77B across 11 rounds, from a $5M Seed in November 2022 to a $550M Series H in September 2026.
Who invested in Harvey?
32 investors, including Diffusion, GIC, Goldman Sachs Alternatives, J.P. Morgan Growth Equity Partners, Lightspeed Venture Partners and Sequoia Capital.
Who are Harvey's competitors?
LexisNexis, Casetext, Part of Thomson Reuters, Luminance and Lexroom. Specter ranks 30 competitors for Harvey.