Legal artificial intelligence platform Harvey has raised $200m in a new funding round co-led by GIC and Sequoia, valuing the business at $11bn, as investor appetite for AI-enabled professional services continues to accelerate, according to a report by Bloomberg.
Backers also included Andreessen Horowitz, Coatue, Conviction Partners, Elad Gil, Evantic and Kleiner Perkins. The raise brings Harvey’s total funding to more than $1bn.
The company said the new capital will be used to expand its suite o...
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