Home Sports Sports Lawful AI wide Harvey acquires Hexus as competition heats up in moral tech

Lawful AI wide Harvey acquires Hexus as competition heats up in moral tech

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Lawful AI wide Harvey acquires Hexus as competition heats up in moral tech

Harvey, the high-flying moral AI startup, has received Hexus — a two-12 months-fashioned startup that builds tools for developing product demos, videos, and guides — as the company continues its aggressive enlargement amid fierce competition in the moral tech market.

Hexus founder and CEO Sakshi Pratap, who beforehand held engineering roles at Walmart, Oracle, and Google, tells TechCrunch that her San Francisco-essentially based mostly crew has already joined Harvey, while the startup’s India-essentially based mostly engineers will advance onboard as soon as Harvey establishes a Bangalore arrangement of work. Pratap provides that she will lead an engineering crew centered on accelerating Harvey’s choices for in-dwelling moral departments.

“What we’re bringing to Harvey is deep journey building enterprise AI tools in adjoining affirm spaces,” Pratap said. “This expertise helps Harvey lumber faster in a market that’s turning into an increasing vogue of aggressive.”

Hexus had raised $1.6 million from Pear VC, Liquid 2 Ventures, and angel investors forward of the acquisition. Whereas Pratap declined to fragment deal terms, she said the pattern changed into aligned around “long-time-frame crew incentives.”

The acquisition comes as Harvey appears to be to cement its arrangement as surely one of AI’s freshest startups. The company confirmed closing descend that it’s now valued at $8 billion after raising $160 million, bringing its funding throughout 2025 to $760 million. Andreessen Horowitz led that latest round, joined by novel investors T. Rowe Brand and WndrCo, alongside present backers Sequoia Capital, Kleiner Perkins, Conviction, and angel investor Elad Gil. (It started the 12 months with a $3 billion valuation after Sequoia led a $300 million Series D round in the company.)

Harvey now claims more than 1,000 purchasers throughout 60 international locations, including a majority of the pinnacle 10 U.S. legislation corporations.

When TechCrunch spoke with co-founder and CEO Winston Weinberg in November, he traced Harvey’s initiating sage succor to a frosty email despatched to OpenAI CEO Sam Altman. Weinberg, then a fundamental-12 months affiliate at O’Melveny & Myers, and co-founder Gabe Pereyra, a researcher who labored at Google DeepMind and Meta and changed into Weinberg’s roommate on the time, examined GPT-3 on landlord-tenant legislation questions from Reddit. When they confirmed the AI-generated answers to attorneys, two out of three said they’d send 86 of 100 responses with zero edits.

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“That changed into the moment when we had been treasure, wow, this entire industry will seemingly be transformed by this expertise,” Weinberg said.

They emailed Altman on July 4, 2022, got on a call that comparable morning, and landed their first test from the OpenAI Startup Fund at this time after. Per Weinberg, the OpenAI Startup Fund remains Harvey’s 2d-perfect investor.

Loizos has been reporting on Silicon Valley since the slack ’90s, when she joined the contemporary Crimson Herring journal. Previously the Silicon Valley Editor of TechCrunch, she changed into named Editor in Chief and Fashioned Manager of TechCrunch in September 2023. She’s additionally the founder of StrictlyVC, a on a typical basis e-e-newsletter and lecture sequence received by Yahoo in August 2023 and now operated as a sub price of TechCrunch.

You are going to be ready to contact or compare outreach from Connie by emailing connie@strictlyvc.com or connie@techcrunch.com, or by encrypted message at ConnieLoizos.fifty three on Signal.

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