Funding round

Goldman Sachs Alternatives and J.P. Morgan Growth Equity Partners invest in Harvey

Strategic investment2 sources6 of 6 claims verifiedKey signal
Place in VP50
#18
Sources
2
Claims verified
6 of 6

What happened

AI summaryWritten from 2 sources, checked claim by claim

Harvey, a legal AI company, announced on July 28, 2026 that Growth Equity at Goldman Sachs Alternatives and J.P. Morgan's Growth Equity Partners had completed an investment in the company. Harvey described it as a strategic investment. Law.com reported the news the same day and said the financial details of the investments were not disclosed. Neither Harvey's announcement nor Law.com stated the amount invested, the valuation, the price per share or the stake each firm took.

Harvey's announcement said the news followed its first quarter with over $100M of ARR added, alongside significant global growth and accelerating product adoption. Harvey CEO Winston Weinberg said in the announcement that the company was thrilled to welcome both firms and that bringing on marquee investors for its next stage of growth was critical as it scaled. Law.com reported, citing a press release, that Harvey would use the funding to bolster its growth and development, and noted that the investment was one of several Goldman Sachs had made in legal technology since 2025. The announcement did not say what the investors would do beyond providing capital.

Our database records this as a Strategic investment round announced on 2026-07-28, with no amount or post-money valuation.

Key points

  1. Goldman Sachs Alternatives and J.P. Morgan Growth Equity Partners completed an investment in Harvey, announced July 28, 202612
  2. Financial details, including amount and valuation, were not disclosed2
  3. Harvey said the news followed its first quarter with over $100M of ARR added1
  4. Harvey would use the funding to bolster its growth and development, Law.com reported citing a press release2

Why it matters

Terms not public

With no amount, valuation or price per share reported, this investment gives no new price reference for Harvey shares. Holders cannot read a mark from it.

Two bank-backed investors

The investors are the growth equity arms of Goldman Sachs and J.P. Morgan. Law.com noted Goldman has made several legal tech investments since 2025, so Harvey sits within a pattern of its backing.

Revenue figure from the company

Harvey's statement that it added over $100M of ARR in a quarter is the only operating number given. It comes from the company and is not independently confirmed in these sources.

In context

$100M$1B$10B202420252026$16B
Harvey priced rounds
RoundDatePost-money valuationRaisedLed by
Series AApr 26, 2023$150M$21MSequoia Capital
Series BDec 19, 2023$715M$80MElad Gil and Kleiner Perkins
Series CJul 23, 2024$1.5B$100MGV (Google Ventures)
Series DFeb 12, 2025$3.0B$300MSequoia
Series EJun 23, 2025$5.0B$300MCoatue and Kleiner Perkins
Funding roundDec 4, 2025$8.0B$160MAndreessen Horowitz
Funding roundMar 25, 2026$11B$200MGIC and Sequoia Capital
Funding roundSep 9, 2026$16B$550MDiffusion and Lightspeed Venture Partners
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

Fact-check

  • Growth Equity at Goldman Sachs Alternatives and J.P. Morgan's Growth Equity Partners completed an investment in Harvey, announced July 28, 2026Confirmed by [1] Harvey (dated Jul 28, 2026): both growth equity arms completed an investment in Harvey; [2] Law.com (July 28, 2026) names the same two investors.Verified
  • The amount, valuation and other financial details were not disclosedConfirmed by [2] Law.com: financial details were not disclosed; [1] Harvey does not state an amount or valuation for this investment.Verified
  • Harvey said the news followed its first quarter with over $100M of ARR added[1] Harvey states this in its announcement; the post presents it as a company statement. [2] Law.com does not mention ARR.Verified
  • Harvey would use the funding to bolster its growth and developmentConfirmed by [2] Law.com, citing a press release.Verified
  • Goldman Sachs has made several legal tech investments since 2025Confirmed by [2] Law.com: Goldman Sachs' contribution to Harvey is one of several investments the bank has made in legal tech since 2025.Verified
  • Harvey CEO Winston Weinberg said bringing on marquee investors for the next stage of growth was critical as the company scaledConfirmed by [1] Harvey, which quotes its CEO Winston Weinberg.Verified

Sources

  1. [1]Harvey (opens in a new tab)Harvey Announces Strategic Investment from Goldman Sachs and J.P. MorganJ.P. Morgan's Growth Equity Partners completed an investment in Harvey.
  2. [2]Law.com (opens in a new tab)Harvey Announces Investments From JP Morgan, Goldman Sachs FundsFinancial details of the investments were not disclosed.

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