Legal AI Startup EvenUp Raises $150M, Reaches $2B Valuation After Resolving 200,000 Cases
Summary
Legal AI startup EvenUp secures $150 million in Series E funding, reaching a $2 billion valuation after successfully resolving over 200,000 personal injury cases and serving more than 2,000 U.S. law firms with AI-powered case management solutions.
Key Points
- EvenUp raises $150 million Series E funding round led by Bessemer Venture Partners, bringing the legal AI startup's valuation to over $2 billion
- The company has helped resolve more than 200,000 personal injury cases and serves over 2,000 U.S. law firms with AI-powered solutions to streamline case management
- EvenUp faces competition from companies like Harvey (valued at $5 billion) and other legal AI startups as the personal injury law market undergoes transformation through artificial intelligence