EQT Growth Invests in Harvey AI

Paul, Weiss is advising EQT Growth on its strategic investment in Harvey, a global leader in domain-specific AI for legal and professional services. The investment is part of an extended $300 million Series E capital raise led by Kleiner Perkins and Coatue in June that valued Harvey at $5 billion. EQT joins existing investors and strategic backers including Sequoia, Google Ventures, Elad Gil, the OpenAI Startup Fund and RELX Ventures. Harvey is used by 700 customers in 58 countries across the U.S., Europe and Asia; the investment will further support the company’s rapid international expansion efforts.

The Paul, Weiss team is led by corporate partners Roger Johnson and Neel Sachdev.