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Harvey has introduced that it has raised $80M Collection B funding. Their Collection B is co-led by Elad Gil and Kleiner Perkins with participation from OpenAI Startup Fund and Sequoia. The $80 million funding brings Harvey’s whole funding to over $100 million and values Harvey at $715 million.
Harvey is grateful to its current buyers Elad, Pat, Charlie, Brad, and Ian for his or her ongoing dedication and help, and appears ahead to working intently with Ilya, Mamoon, Everett and the remainder of the Kleiner Perkins staff. In addition they thank their clients for trusting Harvey for advanced, delicate work and for partnering with them in deploying generative AI to enhance productiveness and streamline workflows.
Over the previous 12 months, Harvey has established itself as a safe generative AI platform for classy skilled companies and has earned the belief of main regulation corporations, in-house groups, skilled service suppliers and personal fairness corporations. Engagement on the platform has elevated exponentially, income has risen greater than tenfold since April they usually have assembled a world-class, multidisciplinary staff.
In collaboration with OpenAI, Harvey has developed domain-specific basis fashions to deal with essentially the most advanced wants of their shoppers and advance the frontier of utilized AI for skilled companies. Wanting forward, they’ll use their Collection B funding to broaden their customized mannequin constructing, scale their staff and construct out their suite of product options. This 12 months has been transformative for Harvey, and they’re energized to put money into their merchandise and staff to allow their clients to harness the complete potential of generative AI.
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