Total amount raised
$220.5 Millions
Latest funding date
10/01/2024
Location
EvenUp has raised $235 million in capital, achieving a valuation of $1 billion. The company offers a suite of AI-driven products designed to assist personal injury law firms from intake to resolution.
Keep reading to explore the intricacies of EvenUp's fundraising journey and the investors backing this innovative platform.
What Is EvenUp?
EvenUp is a legal technology company that provides AI-driven solutions for personal injury law firms. Based in San Francisco, the company aims to close the justice gap using technology and AI, empowering personal injury lawyers and victims to get the justice they deserve.
EvenUp offers a range of products, including AI-generated demand letters, medical chronologies, case preparation tools, and executive analytics. The company is recognized as the most funded personal injury AI company, with a $1 billion valuation and $235 million in capital raised.
How Much Funding Has EvenUp Raised?
- Seed Round
- Amount Raised: -
- Date: August 2020
- Lead Investors: DCM Ventures, NFX
- Series A
- Amount Raised: -
- Date: September 2021
- Lead Investors: SignalFire
- Series B
- Amount Raised: $50.5M
- Date: April 2023
- Lead Investors: Bessemer Venture Partners
- Series C
- Amount Raised: $35M
- Date: December 2023
- Lead Investors: Lightspeed Venture Partners
- Series D
- Amount Raised: $135M
- Date: October 2024
- Lead Investors: Bain Capital Ventures
In total, EvenUp has raised $220.5M across its funding rounds.
Key Investors
- Bain Capital Ventures
- Details: Bain Capital Ventures is a leading venture capital firm that invests in early to growth-stage companies. They are known for their extensive network and deep industry expertise.
- Investment Focus Areas: Fintech, healthcare, enterprise software
- Notable Investments: LinkedIn, DocuSign, AvidXchange
- Lightspeed Venture Partners
- Details: Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the enterprise and consumer sectors. They have a global presence with offices in Silicon Valley, Israel, India, and China.
- Investment Focus Areas: Enterprise, consumer, health
- Notable Investments: Snapchat, Grubhub, Nest
- Bessemer Venture Partners
- Details: Bessemer Venture Partners is one of the oldest venture capital firms in the United States, with a history dating back to 1911. They focus on investing in early-stage companies with high growth potential.
- Investment Focus Areas: Cloud computing, cybersecurity, healthcare
- Notable Investments: Pinterest, Shopify, LinkedIn
- SignalFire
- Details: SignalFire is a venture capital firm that leverages data and technology to support its portfolio companies. They are known for their unique approach to investing, which includes a proprietary talent network and data-driven insights.
- Investment Focus Areas: AI, SaaS, consumer
- Notable Investments: Grammarly, Frame.io, Ro
- DCM Ventures
- Details: DCM Ventures is a global venture capital firm with a focus on early-stage investments. They have a strong presence in the United States, China, and Japan.
- Investment Focus Areas: Mobile, consumer internet, software
- Notable Investments: Bill.com, SoFi, Kuaishou
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