Harvey pushes aggressive expansion as competition heats up

[cryptoenthusiast]

The Hexus acquisition underscores Harvey’s rapid expansion as competition intensifies in the legal technology market.

Harvey confirmed last fall that it is valued at $8 billion after raising $160 million, bringing its total funding in 2025 to $760 million. The round was led by Andreessen Horowitz, with participation from T. Rowe Price, WndrCo, Sequoia Capital, Kleiner Perkins, Conviction, and angel investor Elad Gil.

The company now serves more than 1,000 clients across 60 countries, including a majority of the top 10 U.S. law firms, positioning it as one of the most widely adopted AI platforms in the legal industry.

[johnblockbuster]

long-term incentives over cash seems like classic startup move, hope the team’s ok with it