Legal AI startup Harvey raises $550M at $15.6B valuation to build own AI models

2 days ago#legal-ai#funding#harvey#ai-models

Legal AI startup Harvey raised $550 million in a funding round co-led by Lightspeed and Diffusion, valuing the company at $15.6 billion, up from $11 billion in March. The new capital will fund efforts to build its own AI models.

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Techmeme2 days ago
Legal AI startup Harvey raised $550M co-led by Lightspeed and Diffusion at a $15.6B valuation, up from an $11B valuation when it raised $200M in March (Rebecca Torrence/Bloomberg)
Rebecca Torrence / Bloomberg : Legal AI startup Harvey raised $550M co-led by Lightspeed and Diffusion at a $15.6B valuation, up from an $11B valuation when it raised $200M in March — Legal tech startup Harvey is now valued at $15.6 billion after raising $550 million in a new funding round aimed at powering efforts to build its own AI models.