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Harvey in talks to raise at $15.5 billion valuation

By Steven Van ·

Lightspeed would lead the round, a 40% premium from five months ago, as Harvey's annualised revenue passes $350 million.

Harvey, listed on Creators Toolbox at /tools/harvey, is in talks to raise at least $500 million at a $15.5 billion valuation, according to The Information. Lightspeed Venture Partners is lined up to lead the round, a 40% premium to the $11 billion valuation Harvey held five months earlier.

The talks follow a jump in revenue: annualised revenue has grown more than 80% since January, from $190 million to over $350 million.

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Read Harvey in talks to raise at $15.5 billion valuation on Creators Toolbox