Harvey.ai raised an additional $80 million, it announced Tuesday, valuing the generative AI legal technology platform at $715 million.
The Series B funding comes from Elad Gil and Kleiner Perkins, with participation from the OpenAI Startup Fund and Sequoia, it said.
Harvey, built on OpenAI’s technology, is specifically designed for the legal market. Proponents of generative AI in legal technology say it will transform the legal industry, but more general, public-facing models like ChatGPT have been criticized as being prone to inaccuracies, and raise concerns for lawyers about the security and confidentiality of client data.
- In March PwC announced ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.