The Startup of Legal Technology Harvey is under discussion to collect more than $ 250 million in a round of funding led by Kleiner Perkins and Cleue which would value him at $ 5 billion, Reuters reportedciting anonymous sources.
Sequoia Capital, which led the Series of $ 300 million startup D Barely three months ago, should also invest in this new round, reported Reuters, adding that investors are mainly attracted by the startup of the startup on the market.
Harvey has experienced rapid growth as lawyers and legal companies around the world, he will find ways to use generative AI technology to simplify research, documentation and quickly examine their data. The company registered an annualized turnover of $ 75 million in April, Reuters reported.
The news comes only a few days after Harvey said that he would start using AI models of Anthropic and Google, adding to the models he uses from his donor, Openai.
The report did not mention whether the Open AI start -up fund, which supported Harvey at the start of his life, would also invest in this Tour.
Harvey, Coatue, Sequoia and Kleiner Perkins did not immediately return the requests for comments.
