โ๏ธ Harvey AI Nears $500M Round at $15.5B Valuation as Legal AI Revenue Tops $350M ARR
Legal AI startup Harvey is in talks to raise $500 million at a $15.5 billion valuation โ a 40% jump from its $11B March valuation in just five months. Annualized revenue has surged past $350 million, up from $190M at the start of the year, with Lightspeed reportedly circling as lead investor. The legal AI race is getting expensive, fast. Could legal be the sleeper vertical that proves AI enterprise ROI at scale?
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