Why legal tech giant Harvey is raising cash like OpenAI

Winston Weinberg and Pat Grady

Harvey

• Harvey is back on the fundraising treadmill with a $200 million round that values it at $11 billion.
• Harvey's CEO Winston Weinberg says the company hasn't touched most of the money it's raised so far.
• Rather, it's stockpiling cash for a product sprint and hiring spree.

Harvey is raising money like it's training ChatGPT, not selling software to lawyers. The legal AI startup has pulled in nearly $1 billion in just over a year...