Harvey AI, the fast-growing legal tech startup founded in 2022 by Winston Weinberg and Gabe Pereyra, has officially crossed the $100 million annual recurring revenue (ARR) threshold—an impressive feat just three years into its journey
Rapid Growth Trajectory
Revenue surged from approximately $75 million ARR in April 2025 to $100 million by August—accelerated by quadrupled weekly active users and expansion within major legal account. The company now supports over 500 customers across 54 countries, including 42% of AmLaw 100 U.S. law firms Users stored nearly 9.75 million active files—a 36× growth over the previous year
Market Position & Client Base
Harvey’s focus on elite firms has paid off. More than 40 of the top 100 U.S. firms rely on its platform—a powerful validation of its market position and enterprise trust
Funding & Valuation Landscape
Backed by investors like Kleiner Perkins, GV (Google Ventures), Sequoia Capital, OpenAI Startup Fund, and Elad Gil, Harvey closed a $100 million Series C at a $1.5 billion valuation in July 2024. A $300 million Series D in February 2025 elevated its valuation to $3 billion, followed by another $300 million Series E round in June with a $5 billion valuation
Strategic Vision & Partnerships
Harvey continues to deepen enterprise reach—entering partnerships with firms like PwC and expanding its AI model integrations to include OpenAI, Anthropic, and Google LLMs. A $150 million two-year Microsoft Azure commitment underscores its dependence on secure cloud infrastructure Business Insider.
Challenges & Adoption Dynamics
Despite strong growth, client adoption remains a challenge. Teams of ex-lawyers often conduct on-site training to integrate Harvey into firm workflows, as lawyers may resist process changes or deployment costs
What This Means for Legal AI
Hitting $100M ARR places Harvey among the fastest-growing legal tech firms. By winning top-tier law firms and global enterprise clients, it sets a benchmark for vertical AI success. Its scale, customization, enterprise security, and funding trajectory position it to lead the AI-driven transformation of legal services.
Conclusion
With $100 million in ARR, a global presence, and backing from top-tier investors, Harvey AI is solidifying its role as the leading platform in legal AI. As the company scales its offerings, nodes into adjacent verticals like tax and analytics, and retains top-tier legal clients, its future growth appears highly promising.
