CANADAFunding
Ontario Teachers’ invests $50M in Harvey, extending round to $600M
Teachers’ Venture Growth of Ontario Teachers’ Pension Plan invested US$50 million in legal AI company Harvey on September 24, 2026, The Globe and Mail and Canadian Lawyer reported. The tranche extends Harvey’s Diffusion and Lightspeed round from US$550 million to US$600 million at the prior US$15.5 billion valuation. Harvey said it works with more than 100 Canadian law firms and legal teams and will grow its Toronto staff.
Announcement (CNW/PR Newswire) → · Ontario Teachers' Pension Plan, The Globe and Mail, Canadian Lawyer +1
Key points
- Ontario Teachers’ Venture Growth invested US$50 million in Harvey on September 24, 2026.CNW/PR NewswireOntario Teachers' Pension PlanThe Globe and MailCanadian Lawyer
- The investment extends Harvey’s Diffusion/Lightspeed round from US$550 million to US$600 million.CNW/PR NewswireCanadian LawyerThe Globe and Mail
- The round’s valuation remains the previously announced US$15.5 billion.The Globe and MailCanadian Lawyer
- Harvey said it works with more than 100 Canadian law firms and legal teams.CNW/PR NewswireOntario Teachers' Pension PlanThe Globe and Mail
- Harvey plans to grow engineering, sales and customer-support roles in Toronto.CNW/PR NewswireOntario Teachers' Pension PlanThe Logic
Sources5 articles across 5 outlets
Canadian Lawyer
CNW/PR Newswire
Ontario Teachers' Pension Plan
The Globe and Mail
The Logic