--- title: Harvey is raising at $15.5bn, up 40% in five months description: Legal AI startup Harvey is in talks to raise $500m at a $15.5bn valuation, a 40% jump from its $11bn valuation just five months ago. The company now generates... canonical: https://daily.dev/posts/harvey-is-raising-at-15-5bn-up-40-in-five-months-s640ddjeq twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Harvey is raising at $15.5bn, up 40% in five months | daily.dev og:description: Legal AI startup Harvey is in talks to raise $500m at a $15.5bn valuation, a 40% jump from its $11bn valuation just five months ago. The company now generates... og:url: https://daily.dev/posts/harvey-is-raising-at-15-5bn-up-40-in-five-months-s640ddjeq og:image: https://api.daily.dev/og/posts/S640ddjeQ.png og:image:alt: Harvey is raising at $15.5bn, up 40% in five months og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Harvey is raising at $15.5bn, up 40% in five months **[The Next Web](https://daily.dev/sources/tnw)** · 2 min read · 0 upvotes · 0 comments ## Summary Legal AI startup Harvey is in talks to raise $500m at a $15.5bn valuation, a 40% jump from its $11bn valuation just five months ago. The company now generates over $350m in annualised revenue, up 80% from $190m in January, implying a ~44x revenue multiple. Harvey has secured strategic investment from Goldman Sachs and JPMorgan, deepened a Microsoft partnership, and won firmwide deployments at major law firms. The key risk: Harvey depends on OpenAI and Anthropic for its AI capabilities, and model owners could eventually compete directly or change terms, as seen with tools like Cursor. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### What is Harvey AI's current valuation and revenue? Harvey is raising at a $15.5bn valuation — a 40% increase from its $11bn valuation five months prior. The company generates over $350m in annualised revenue, up more than 80% from $190m in January. At $15.5bn, that represents roughly 44 times its current revenue run rate. Lightspeed Venture Partners is reported to be keen to lead the $500m round. _Teams tracking vertical AI funding rounds and valuations find the latest signals on daily.dev._ ## Similar posts on daily.dev - [Harvey hits $15.5B valuation, months after reaching $11B](https://daily.dev/posts/harvey-hits-15-5b-valuation-months-after-reaching-11b-cqlvjs5hy) · TechCrunch · 0 upvotes · 0 comments - [Harvey reportedly raising at $11B valuation just months after it hit $8B](https://daily.dev/posts/harvey-reportedly-raising-at-11b-valuation-just-months-after-it-hit-8b-cx7pvnhke) · TechCrunch · 0 upvotes · 0 comments - [Legal AI startup Harvey confirms $8B valuation](https://daily.dev/posts/legal-ai-startup-harvey-confirms-8b-valuation-wsfv2lspi) · TechCrunch · 1 upvotes · 0 comments - [Harvey closes a $550M round at a $15.6bn valuation and acquires Guardrails AI](https://daily.dev/posts/harvey-closes-a-550m-round-at-a-15-6bn-valuation-and-acquires-guardrails-ai-xwhl9by6d) · The Next Web · 0 upvotes · 0 comments --- Tags: [#ai](https://daily.dev/tags/ai), [#startup](https://daily.dev/tags/startup) [View this post on daily.dev](https://daily.dev/posts/harvey-is-raising-at-15-5bn-up-40-in-five-months-s640ddjeq) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Harvey is raising at $15.5bn, up 40% in five months","url":"https://daily.dev/posts/harvey-is-raising-at-15-5bn-up-40-in-five-months-s640ddjeq","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/harvey-is-raising-at-15-5bn-up-40-in-five-months-s640ddjeq"},"datePublished":"2026-08-08T08:17:39.571Z","dateModified":"2026-08-08T08:18:00.607Z","description":"Legal AI startup Harvey is in talks to raise $500m at a $15.5bn valuation, a 40% jump from its $11bn valuation just five months ago. 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The company generates over $350m in annualised revenue, up more than 80% from $190m in January. At $15.5bn, that represents roughly 44 times its current revenue run rate. Lightspeed Venture Partners is reported to be keen to lead the $500m round. Teams tracking vertical AI funding rounds and valuations find the latest signals on daily.dev."}}]} ```