Harvey, valued at $15.5B, goes full-stack AI as commentator declares SaaS dead

viksit · x · 2026-09-22

Harvey, the legal AI company valued at $15.5B (backed by OpenAI and Sequoia, deployed at most Am Law 100 firms), is transitioning from an "application layer company" to a full-stack AI company, per its cofounder. Customers keep asking the same questions: "How do we own more parts of the stack?" The poster reads this as a market signal that AI implementation is the place to be, adding that at a recent round table he argued "SaaS is dead"—and it's happening faster than he expected.

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