Harvey hits $15.5B valuation, months after reaching $11B

image via TechCrunch

September 9, 2026, 6:34 PM

• •Harvey announced a $550 million funding round at a $15.5 billion valuation.
• •The round was co-led by Diffusion and Lightspeed Venture Partners.
• •The company previously raised $200 million at an $11 billion valuation in March after reaching an $8 billion valuation in December.
• •Harvey has raised more than $1.55 billion in total across at least eight priced rounds since 2023, according to PitchBook estimates.
• •The startup recently launched Harvey Tenet, an in-house model built from open-weight model Kimi K3 and post-trained with legal data with help from Fireworks.

Harvey has raised a new $550 million funding round that values the legal AI startup at $15.5 billion. The round was co-led by Diffusion and Lightspeed Venture Partners, following a $200 million round at an $11 billion valuation in March and an $8 billion valuation in December. TechCrunch reports that Harvey has now raised more than $1.55 billion in total and has nearly doubled its valuation in about nine months. The company also recently introduced its in-house Harvey Tenet model and is pushing customers toward adopting and post-training open-weight legal AI models.

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