AI Legal Startup Harvey Seeks $500M at $15.5B Valuation, Hits $350M ARR

thedealdirector · x · 2026-08-08

AI legal startup Harvey is in talks to raise $500 million at a $15.5 billion post-money valuation, representing a 40% premium over its last round 5 months ago. The company is currently generating over $350 million in annualized revenue. Commenters highlight that adding $100M in net new ARR last quarter on a $350M run rate shows highly impressive growth.

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