🇺🇸Legal-AI startup Harvey is discussing at least $500 million of financing at a $15.5 billion post-financing valuation.

Harvey, a startup developing artificial-intelligence products for legal work, was reported to be in financing discussions. The company was seeking to raise at least $500 million.

The proposed transaction would value Harvey at $15.5 billion after the financing. That figure was described as a 40% premium to the valuation from Harvey’s previous funding round five months earlier.

The source characterizes the transaction as discussions rather than a completed financing. It does not identify investors, financing terms, security type, dilution, or closing conditions.