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Harvey confirms $11B valuation: Sequoia triples down

CN
CitrixNews Staff
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Harvey confirms $11B valuation: Sequoia triples down

One of the blockbuster hits of the AI age is, without a doubt, legal tech startup Harvey. On Wednesday, the company confirmed that it had closed a new raise at an $11 billion valuation, after reports circulated last month that it was working on another monster round.

The company confirmed it inhaled $200 million from this round, co-led by returning investors Singapore’s GIC and Sequoia. Existing investors Andreessen Horowitz, Coatue, Conviction Partners, Elad Gil, Evantic, and Kleiner Perkins also participated.

Originally reported by TechCrunch. Read the full story at the original source.