Legal AI start-up Harvey raises $550m at $15.5bn valuation

Front row, from left: Aatish Nayak, Winston Weinberg, John LaBarre; back row, from left: Katie Burke, Jorge Bestard, John Haddock. Image: Nicky Quamina-Woo

The company opened a Dublin office earlier this year with plans to hire 40 people.

Legal AI start-up Harvey has raised $550m at a $15.5bn valuation in a round co-led by Diffusion and Lightspeed Venture Partners.

The round marks an almost $5bn valuation growth for the start-up, coming less than six months after it announced a $200m raise at an $11bn valuation.

Other investors, including Sequoia, Kleiner Perkins, a16z, Coatue, Conviction, Elad Gil, Evantic, GIC, Goldman Sachs Alternatives, Verified Capital, Sapphire Ventures, Whale Rock and WNDR, participated in the latest round.