Harvey co-founders Winston Weinberg and Gabe Pereira
Courtesy of Harvey
Artificial intelligence startup Harvey announced Monday that it reached $100 million in annual recurring revenue or ARR just three years after its launch.
Harvey operates an AI-powered legal platform for lawyers at law firms and large corporations. Its technology helps legal research, drafting and hardworking projects, and the company also builds industry-specific use cases.
Harvey co-founder and CEO Winston Weinberg said the startup’s ARR milestones are driven primarily through use. Harvey has over 500 customers, including CNBC’s parent company Comcast, and its average weekly users quadrupled over the past year.
“Most of our accounts have grown quite a lot,” Weinberg told CNBC. “You’ll sell to Comcast or a law firm, they’ll buy hundreds of seats, and they’ll expand their usage pretty quickly.”
Weinberg co-founded Harvey with former lawyer and his friend and roommate Gabe Pereira and former research scientist Gabe Pereira. Google Deepmind and Meta. The pair launched the company in 2022 after experimenting with Openai’s large-scale language model GPT-3.
The company’s name, Harvey, is partly inspired by one of the protagonists of the legal drama TV series “Suits,” Weinberg said.
Harvey has raised more than $800 million from investors, according to a Pitchbook, which includes Kleiner Perkins, Sequoia Capital and the Openai Startup Fund. The company also won a spot on the 2025 CNBC Disruptor 50 list.
“We need to learn how to scale really fast, with the AI General and how fast everything is moving,” Weinberg said. “Like every six months, you experience a new scaling experience.”
Weinberg said over the coming months, Harvey will focus on global expansion and will continue to build the team. The startup recently hired former Twitter engineering director Siva Gurumurthy as Chief Technology Officer and John Haddock, who spent 10 years at Stripe, as Chief Business Officer.
Weinberg said he learned to value a strong team, especially during a period of rapid growth.
“We’re starting to get to where there’s really good leadership in place,” Weinberg said. “It just changes your ability to scale to such a large degree.”
Disclosure: Comcast is the parent company of NBCuniversal, which owns CNBC.