Marcus SchulerHarvey raised $200M at $11B valuation, its fourth round in 14 months. Revenue doubled to $190M with half the AmLaw 100 as clients. The 58x revenue multiple reflects venture capital's split between AI model companies and vertical applications. Legal profession faces structural changes as AI-native firms emerge. #LegalTech #VentureCapital #AI
https://www.implicator.ai/harvey-raises-200-million-at-11-billion-as-vcs-chase-legal-ai-2/
Harvey Raises $200M at $11B Valuation in Legal AI Push
Harvey raised $200 million at an $11 billion valuation, its fourth fundraise in fourteen months. Revenue doubled to $190 million. As AI-native law firms emerge and venture capital splits between model companies and vertical AI, the legal profession faces its biggest shift.