Resolution criteria

This market will resolve to "Yes" if Harvey AI publicly announces, through official channels such as press releases, investor relations communications, or verified statements from company executives, that it has achieved an annual recurring revenue (ARR) of at least $200 million by December 31, 2026. The announcement must be made on or before January 31, 2027. If no such announcement is made by that date, the market will resolve to "No."

Background

Harvey AI, founded in 2022, is a legal technology startup that leverages generative AI to assist legal professionals with tasks such as document review, contract drafting, and legal research. The company has experienced rapid growth, reaching an ARR of $75 million by April 2025, up from $50 million at the end of 2024. In June 2025, Harvey AI secured $300 million in Series E funding, valuing the company at $5 billion. (sacra.com, techcrunch.com)

Considerations

• Growth Trajectory: Harvey AI's ARR increased by 50% in the first four months of 2025. Maintaining or accelerating this growth rate would be necessary to achieve $200 million ARR by the end of 2026.

• Market Expansion: The company plans to expand beyond legal services into adjacent professional sectors, such as tax accounting, which could contribute to revenue growth. (ctol.digital)

• Competitive Landscape: Harvey AI faces competition from established legal tech firms and emerging AI startups (including Labs themselves via general AI products), which may impact its market share and growth potential.