EQT Invests in Legal Startup Harvey to Fuel International Growth

EQT AB, a private equity firm, has invested €50 million ($59 million) in the legal services platform Harvey. This strategic investment will help Harvey fuel its international growth and expansion efforts. Harvey is a legal technology startup that provides an AI-powered platform to help law firms and in-house legal teams streamline their operations. The company's platform automates various legal tasks, such as contract review and legal research, to improve efficiency and reduce costs. The fresh funding from EQT AB will enable Harvey to further develop its technology, expand its global reach, and strengthen its position in the rapidly evolving legal services market. The investment is expected to support Harvey's plans to enter new international markets and collaborate with more law firms and corporate legal departments worldwide. This partnership between Harvey and EQT AB highlights the growing interest in legal technology solutions that can help the legal industry adapt to the changing landscape and meet the increasing demand for more efficient and cost-effective legal services.