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Sequoia and OpenAI Invest $21M in Harvey to Disrupt Professional Services, Beginning with Legal
Global News

Harvey logoHarvey, a company focused on redefining professional services through the use of AI, has announced a $21M Series A funding round led by Sequoia with participation from the OpenAI Startup Fund, Conviction, SV Angel, and Elad Gil.

The launch of GPT-4 marks a significant shift in how professional services will be provided and consumed, with large language models having the potential to give knowledge workers superpowers by efficiently and accurately solving complex tasks. This new approach will allow knowledge workers to focus on the quintessential aspects of their professions, such as strategy, advice, and judgment.

Legal

Harvey believes that the future of AI will be the platform on which workflow is built rather than a chatbot that compliments it. They partner with entire firms to find solutions for lawyers that go beyond training data and treatises. Their unprecedented collaborations allow them to understand the real problems faced by their clients, which are fundamental to making those problems AI-soluble.

To empower both lawyers and law firms, Harvey must build AI systems that are not only powerful but also scalable, transparent, and secure. They do so by building systems that replicate historic best practices for establishing trust in knowledge work—such as tiered review and the ability to incorporate natural language feedback—while pioneering novel systems for AI alignment and validation.

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Harvey brings together engineers from the best AI research labs and lawyers from the most prestigious firms in the world to develop cutting-edge systems. This unprecedented collaboration is necessary because the technology that powers tomorrow's knowledge work must be groundbreaking. The support of their incredible investors gives Harvey the resources to scale their team, deepen their partnerships, and build the AI systems that are the future of professional services.

 

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