---
title: The Legal AI Platform 100,000 Lawyers Use Is in Talks at $15.5 Billion
description: Harvey, whose software runs legal work for more than 100,000 lawyers, is in talks to raise over $500 million at a $15.5 billion valuation.
author: Darie Nani (Editor-in-Chief)
date: 2026-08-08T18:35:05.820Z
updated: 2026-08-08T18:35:05.833Z
canonical: https://www.sovereignmagazine.com/article/harvey-legal-ai-talks-15-5-billion-valuation
image: https://cdn.nanimediahouse.com/harvey-legal-ai-valuation-119207.webp
categories: Startups
content_type: News
region: United States
publication: Sovereign Magazine
access: members
schema_type: Article
---

Harvey, whose software runs legal work for more than 100,000 lawyers, is in talks to raise more than $500 million at a valuation of $15.5 billion, [Steph Palazzolo and Julia Hornstein reported in a post on X](https://x.com/steph_palazzolo/status/2085773245735645535). The two, who cover technology for The Information, wrote that Lightspeed is in talks to lead the round. Harvey has not commented publicly on the talks.

That price would sit about 41 percent above the $11 billion valuation Harvey raised at in March, and at roughly 44 times the more than $350 million in [annualized revenue](https://www.sovereignmagazine.com/article/maximor-35x-growth-autonomous-finance) the reporters say the company has reached.

## More Than 25,000 Agents Now Run on Harvey

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