Harvey hits $15.5B valuation, months after reaching $11B

In Brief

Harvey, the ineligible AI startup that VCs can’t get capable of, has raised different $550 cardinal successful funding, this clip astatine a $15.5 cardinal valuation, the institution announced connected Wednesday.

The circular was co-led by Diffusion and Lightspeed Venture Partners and follows the erstwhile $200 cardinal circular astatine an $11 cardinal valuation announced successful March. And that was conscionable a fewer months aft an $8 cardinal valuation from a circular successful December.

With this latest infusion of capital, the institution has raised much than $1.55 cardinal full and astir doubled its valuation successful astir 9 months. Like Databricks, the institution didn’t sanction the round, though it has completed astatine slightest 8 priced rounds since 2023 (five of them since 2025), Pitchbook estimates. Since a mates of those were considered hold rounds, this 1 could beryllium considered a Series F.

The caller currency comes a mates of weeks aft Harvey announced its archetypal in-house model, Harvey Tenet, built from open-weight exemplary Kimi K3 and post-trained with ineligible information with the assistance of inference supplier Fireworks (who besides helped Cursor bid its homegrown model). In summation to offering a model, Harvey is encouraging its customers to follow and post-train their ain open-weight models. So Harvey is rapidly becoming an illustration of however an full manufacture — instrumentality — tin some heavy usage AI and not trust connected proprietary frontier AI labs similar OpenAI and Anthropic.

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