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45FINANCE

Legal AI startup Harvey valued at $15.6 billion in new funding round

⚡ Markets: Indicates continued strong investor appetite and high valuations for vertical-specific generative AI startups, despite broader concerns about the technology.

Harvey, a startup that develops artificial intelligence tools for the legal sector, has reached a valuation of $15.6 billion after a new $550 million funding round. The company provides generative AI solutions to law firms for tasks like contract analysis and due diligence.

West MSM 1Financial press 12 countries
2 sources across the spectrum
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