Megadose AI progress, ranked and analyzed.

Legal AI startup Harvey raised $550M co-led by Lightspeed and Diffusion at a $15.6B valuation, up from an $11B valuation when it raised $200M in March (Rebecca Torrence/Bloomberg)

Techmeme ·
Harvey’s new round prices the legal AI company at $15.6 billion.

The $550 million financing was co-led by Lightspeed and Diffusion, according to Techmeme’s aggregation of Bloomberg. The valuation is up from $11 billion in March, when Harvey raised $200 million. The note frames the round as another sharp markup for the legal AI startup. Techmeme’s note

score 9

Categories: Money & Moves