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Funding Brief|Harvey $550M, $15.5B Valuation

Harvey closed a $550M round co-led by new investors Diffusion and Lightspeed, pushing its valuation from $11B in March to $15.5B — nearly doubling in nine months. Half the money buys confidence for its own fine-tuned model, half buys agent-security capability via the Guardrails AI acquisition: Harvey is shifting from a law-firm AI assistant into a vertical AI company that trains its own models and manages its own agent risk.