Legal AI startup Harvey has held early talks about an IPO
Source: Business Insider ·
Harvey, darling of legal tech, has held talks with lawyers at Latham & Watkins about going public. The discussions were preliminary.
From the source
Harvey's cofounder and CEO, Winston Weinberg.HarveyHarvey has held preliminary talks with lawyers at Latham & Watkins about an IPO.The startup sells artificial intelligence software to law firms and corporate legal departments.Harvey is likely paying attention to how upcoming tech listings fare before deciding its next steps.Harvey has been taking early steps toward an initial public offering.The legal artificial intelligence startup, which was recently valued at $15.5 billion, has held talks with lawyers at Latham & Watkins about going public, according to two people familiar with the matter.The discussions were preliminary, with no listing imminent, one of the people said. Rather, Harvey is likely to watch how the coming crop of tech listings fare before deciding whether to move ahead.Harvey declined to comment. Latham & Watkins did not respond to a request for comment. The idea of a four-year-old startup making its market debut would have seemed far-fetched just a year ago.Since…
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