Harvey & Company

Nvidia Invests in AI Legal Startup Legora

Nvidia’s venture arm NVentures participated in a $50 million Series D extension for Swedish AI legal startup Legora, which is valued at $5.6 billion. The extension brought the total raise to $600 million following a first close in March and included participation from Atlassian, Adams Street Partners and Insight. Legora builds AI agents and tools to automate legal workflows, recently launched an ad campaign featuring actor Jude Law, and says it has grown from 40 to 400 employees and surpassed $100 million in annual recurring revenue. Nvidia’s investment is the chip maker’s first disclosed bet in the legal‑tech sector and reflects continued hyperscaler interest in AI startups.

Parallel Web Systems Raises $100M, Valued at $2B

Parallel Web Systems, an AI agent-tool startup founded by former Twitter CEO Parag Agrawal, raised $100 million in a Series B at a $2 billion valuation led by Sequoia. Existing investors Kleiner Perkins, Index Ventures, Khosla Ventures, First Round Capital, Spark Capital and Terrain Capital also participated. The raise follows a $100 million Series A announced five months earlier at a $740 million valuation and brings Parallel’s total funding to $230 million. Parallel provides web search and research APIs targeted at AI agents and lists customers including Clay, Harvey, Notion and Opendoor; the company says it has over 100,000 developers using its products. The article was published on 2026-04-29.

Sierra CEO: The Era of Clicking Buttons Is Over

Bret Taylor, co-founder and CEO of Sierra, says human–software interaction is shifting from click-based interfaces to natural-language, agent-driven workflows. Sierra recently launched Ghostwriter, an "agent as a service" designed to autonomously build and deploy specialized AI agents from user prompts. Taylor said Sierra is using Ghostwriter to speed deployments—citing a Nordstrom agent implemented in four weeks—and the company reported $100 million ARR under 21 months and a $10 billion valuation following a $350 million round led by Greenoaks Capital. TechCrunch notes that many vendor deployments still rely on forward-deployed engineers to tune agents, indicating agentic systems are not yet fully autonomous in production environments.