Harvey | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Harvey is a generative AI company based in San Francisco, California, that specializes in building custom large language models (LLMs)...


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Harvey is a generative AI company based in San Francisco, California, that specializes in building custom large language models (LLMs) for elite law firms. The company aims to tackle complex legal challenges across various practice areas and jurisdictions, providing a suite of products tailored for legal workflows, including contract analysis, due diligence, and litigation support. Backed by notable investors such as Sequoia and OpenAI, Harvey is focused on making AI actionable and useful for professionals in the legal sector.

Website
Headquarters
San Francisco, California
Size
51-200 employees
Industry
Software Development

πŸ›οΈ Harvey Product and Pricing News β†’

πŸ‘” Harvey CEO, Management and Leadership Team β†’

βš”οΈ Harvey Alternatives and Competitors β†’

πŸ’Ό Harvey Hiring and Layoffs β†’

πŸ€– Harvey Developer, Integration and Automation News β†’

πŸ“ˆ Harvey Financials, Fundraising and Valuation News β†’

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πŸ›οΈ Harvey Product and Pricing News

  • Harvey has shifted its focus to in-house security experts for product and infrastructure security and expanded its security features to include SAML SSO, audit logs, and data lifecycle management.
  • Harvey is expanding its footprint to Europe with the opening of its London office, which will serve as its official European headquarters.
  • Harvey is expanding its footprint to Europe with the opening of a new London office, which will serve as its official European headquarters.
  • Harvey is inspiring customers by integrating its generative AI platform with Azure OpenAI Service, now available in Azure Marketplace.
  • Harvey launched BigLaw Bench, a system to evaluate the accuracy of genAI tools on legal tasks, scoring 74% overall compared to GPT-4o's 61%.

  • Harvey and Icertis integrate to accelerate CLM workflows by combining AI-powered contract intelligence with domain-specific models.
  • Harvey is expanding beyond legal services to target the professional services market.
  • Harvey released a new version of its GenAI Assistant with specialized modes, iterative functionality, and performance improvements.

πŸ‘” Harvey CEO, Management and Leadership Team


βš”οΈ Harvey Alternatives and Competitors

Monitor your competitors, clients, accounts, partners etc. with RivalSense AI


πŸ’Ό Harvey Hiring and Layoffs

  • Harvey's Chief Product Officer Gordon Moodie is leaving to join Debevoise & Plimpton as a partner in their mergers and acquisitions group on October 2.
  • Jackie Karmel has joined Harvey as Head of Sales, EMEA in the United Kingdom, previously holding a position at another company.
  • Ben Liebald has joined Harvey as VP of Engineering in the United States, previously serving as Senior Director of Engineering at Figma.
  • Jared Podnos joined Harvey as VP of Partnerships.
  • Ben Liebald is joining Harvey as VPE, having previously led product initiatives at Figma and co-founded YouTube's personalization efforts.

  • Amanda Tsatsis has joined Harvey as the Strategic Business Development Lead in the United States, previously serving as a Litigation Associate at Latham & Watkins.
  • Arjun Chaurushia has joined Harvey as Business Operations Lead in the United States, previously holding a position at another company.
  • Rick Liu has joined Harvey as the Strategic Business Development Lead in the United States, previously holding a position at another company.

πŸ€– Harvey Developer, Integration and Automation News

  • Reed Smith is expanding its innovation with a new global intelligence system and a partnership with Harvey.
  • Harvey partnered with WongPartnership to integrate generative AI in Singapore’s legal industry starting September 4.
  • Raiford Dalton Palmer, a divorce lawyer, mentioned that his firm is getting useful results from working with Harvey.
  • Repsol's legal team used Harvey to handle over 12,000 prompts in less than six months.
  • Harvey partners with OpenAI and PwC to tackle global tax issues using AI.

  • Harvey.ai, a legal AI assistant, has reduced task times by 20-50% and saved Baker McKenzie over $1 million in costs.
  • Harvey now has over 100 companies as customers, showing significant growth in usage and retention.

πŸ“ˆ Harvey Financials, Fundraising and Valuation News

  • Harvey raised $100 million in Series C funding at a $1.5 billion valuation from Google Ventures, OpenAI, KPCB Fellows, Sequoia, Elad Gil, and SV Angel.
  • Harvey achieved $0-30M ARR in the last 18 months.
  • Harvey's platform averages 70% utilization and retention after a year, with the largest law firms exceeding 90%.


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