Harvey Targets $15.5 Billion Valuation as Revenue Surges Past $350 Million

Legal artificial‑intelligence firm Harvey is reportedly in talks to raise $500 million at a $15.5 billion valuation, up from the $11 billion price tag it secured in March when it raised $200 million. The company’s annualized revenue has surged more than 80 % since January, climbing from $190 million to over $350 million, according to the report. Harvey’s AI‑powered platform streamlines contract analysis, due diligence, compliance and litigation workflows, deploying more than 25,000 custom agents that are already used by more than 1,300 customers in 60 countries. In March, the company announced the round and highlighted its growing customer base; in July, Growth Equity at Goldman Sachs Alternatives and J.P. Morgan Growth Equity Partners completed an investment. Harvey CEO Winston Weinberg said in a press release: "As we scale, bringing on marquee investors for our next stage of growth is critical, and we feel fortunate to have two of the best names in the investment space as part of Harvey." The article also notes broader trends in legal‑tech funding, citing that AI is becoming embedded infrastructure in the legal profession and that funding to legal‑technology startups surpassed $2.4 billion in 2026.

(Source：Pymnts)