Exclusive-Legal startup Harvey AI in talks to raise funding at $5 billion valuation

Exclusive-Legal startup Harvey AI in talks to raise funding at $5 billion valuation

Harvey AI, a fast-growing legal startup, is in advanced talks to raise over $250 million in a new round of funding at a valuation of $5 billion, sources familiar with the matter told Reuters. The funding round, led by venture capital firms Kleiner Perkins and Coatue, would mark a significant leap in Harvey'

What Harvey is doing to win the legal AI race it inadvertently started

Harvey cofounder and CEO Winston Weinberg.HarveyThree-year-old startup Harvey helped wake up the legal world to what AI could do for lawyers.Now, it's fighting to defend the turf it helped create.To keep its edge, Harvey just hired a Stripe veteran and is doubling down on product customization.Legal tech was long a space that investors ignored. Then came Harvey.In just three years, the company, which builds software for analyzing and drafting do…

How Harvey AI Is Redrawing the Legal Tech Playbook How Harvey AI Is Redrawing the Legal Tech Playbook

Harvey’s Legal Tech Growth Norma Harris, LawFuel contributing writer Harvey AI exploded onto the scene three years ago, and the truth is—it hasn’t let up. This week, the San Francisco–based legal tech startup revealed that its annual recurring revenue just cracked $70 million, up from roughly $50 million at year-end. Even more, investors now peg […] The post How Harvey AI Is Redrawing the Legal Tech Playbook first appeared on . Source

Legal AI: Revolutionizing the Legal Profession with Technology

A post by Sameer Ansari. Tagged with webdev, programming.