Harvey closes a $550M round at a $15.6bn valuation and acquires Guardrails AI

Harvey closed a $550 million financing round at a $15.6 billion valuation, bringing total capital raised to over $1.5 billion, and acquired AI-agent security startup Guardrails AI. The company’s annual recurring revenue now exceeds $400 million, serving more than 3,000 organizations, and is investing the new funds in building and fine-tuning its own legal AI models.