Legal AI giant Harvey acquires Hexus as competition heats up in legal tech | TechCrunch
Harvey, a leading legal AI company, has acquired Hexus to enhance its enterprise AI tools and accelerate offerings for in-house legal teams.Summary
Harvey, a prominent legal AI startup valued at $8 billion, has acquired Hexus, a company specializing in tools for creating product demos and guides. Hexus founder and CEO Sakshi Pratap and her team will join Harvey, with the India-based engineers coming on board once Harvey establishes a Bangalore office. Pratap will lead an engineering team focused on accelerating Harvey’s offerings for in-house legal departments, bringing expertise in building enterprise AI tools. Hexus had previously raised $1.6 million in funding. This acquisition is part of Harvey’s strategy to solidify its position in the increasingly competitive legal tech market, serving over 1,000 clients in 60 countries, including a majority of the top 10 U.S. law firms. Harvey’s origins trace back to a successful experiment with GPT-3 on legal questions, demonstrating its potential to transform the industry, and was initially funded by the OpenAI Startup Fund.
(Source：Turks)
