Sources: legal AI startup Harvey is in talks to raise $500M+ at a $15.5B valuation, up from $11B in March, and is generating $350M+ in annualized revenue (The Information)
Harvey’s new round would mark another sharp private-market markup for a legal AI company already at major revenue scale.
The Information says Harvey is discussing a raise of at least $500 million. The proposed valuation is $15.5 billion including the new money, about 40% above its March valuation. The company is generating more than $350 million in annualized revenue. Techmeme's note
The Information says Harvey is discussing a raise of at least $500 million. The proposed valuation is $15.5 billion including the new money, about 40% above its March valuation. The company is generating more than $350 million in annualized revenue. Techmeme's note
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