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2h ago

EvenUp Raises $150 Million Series E at Over $2 Billion Valuation

Backed by Bessemer, the legal AI company points to surging case volume, with a new 'Mirror Mode' feature meant to strengthen its position in personal injury work.

The EvenUp founding team.
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Overview

  • The financing was led by Bessemer Venture Partners with participation from REV (RELX), B Capital, SignalFire, Lightspeed, HarbourVest, Adams Street, Broadlight Capital, and Bain Capital.
  • EvenUp says its total capital raised now stands at $385 million following the Series E round.
  • Roughly 2,000 U.S. personal injury firms use the platform, including about 20% of the top 100 firms, and recent case volume has climbed to roughly 10,000 cases per week.
  • The company reports more than 200,000 cases resolved to date and over $10 billion secured for injury victims through its tools.
  • EvenUp introduced 'Mirror Mode,' which lets firms replicate winning document language and style across drafts, complementing a platform trained on hundreds of thousands of cases and millions of medical records.