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Harvey raised 550 million at a 15.5 billion valuation on september 9, five months after being…

22:34 ISTby Yethikrishna R

harvey raised 550 million at a 15.5 billion valuation on september 9, five months after being priced at 11 billion, while shipping an open-weight legal model and a benchmark for legal agents. the round values a company whose customers are law firms at a multiple that used to be reserved for platforms. vertical ai is now where the market is willing to pay for owned intelligence, not rented models.

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