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About EvenUp
Industries
Legal
Company Size
501-1,000
Company Stage
Series D
Total Funding
$220M
Headquarters
San Francisco, California
Founded
2019
Overview
EvenUp Law provides legal services focused on personal injury, trucking accidents, and medical malpractice. The firm operates in multiple states, including Texas, Pennsylvania, California, Indiana, and Georgia. Its business model is based on a contingency fee structure, meaning they only receive payment if they win a case, taking a percentage of the settlement or judgment. What sets EvenUp Law apart from its competitors is its detailed case preparation and the ability to analyze cases like an adjuster or defense attorney, which leads to higher settlement amounts and quicker resolutions for clients. The firm also maintains a database of similar injuries and their values, which helps in providing accurate damage estimates. The goal of EvenUp Law is to save clients time and stress while ensuring they receive fair compensation for their injuries.
Simplify's Take
What believers are saying
- EvenUp raised $135 million in Series D, showing strong investor confidence.
- Express Demands reduces document preparation time from 150 days to minutes.
- AI-powered tools address delays in personal injury sector, enhancing efficiency.
What critics are saying
- Increased competition from similar AI-driven legal tech startups.
- Potential biases in AI data could lead to inaccurate case assessments.
- Varying state regulations may hinder EvenUp's expansion into new states.
What makes EvenUp unique
- EvenUp uses AI to transform raw files into legal documents quickly.
- The company operates on a contingency fee model, ensuring payment only upon winning cases.
- EvenUp's database of injuries and values enhances accuracy in damage estimates.
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Funding
Total Funding
$220M
Above
Industry Average
Funded Over
3 Rounds
Bessemer Venture Partners
Lightspeed Venture PartnersIndustry standards
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 6%EvenUp has launched the inaugural Personal Injury Pioneer Awards at the EvenUp Customer Summit in San Francisco, recognizing law firms leveraging AI to enhance case outcomes.
SAN FRANCISCO, Jan. 27, 2025 /PRNewswire/ -- EvenUp, the market leader in personal injury AI, proudly introduces Express Demands, the first of many self-serve AI-powered document generators in the Claims Intelligence Platform. Powered by the industry's largest personal injury dataset —encompassing hundreds of thousands of cases and millions of medical records—Express Demands transforms raw case files into comprehensive demand packages in minutes, empowering firms to produce impactful demands with ease.Express Demands addresses a common challenge for personal injury firms: reducing the lengthy delays between gathering necessary documents and sending out demand packages. On average, we see a 150-day gap between the last date of treatment and when a demand is sent across injury firms in the U.S. This delay is often due to overwhelming caseloads, leaving staff with little time to assess demand readiness, let alone draft demands. In just minutes, Express Demands transforms raw, disorganized files into polished, high-quality demands
US-based legaltech startup EvenUp has raised $135 million as part of its Series D funding round led by Bain Capital Ventures, with participation from new investor PremjiInvest and existing backers including Lightspeed Venture Partners, Bessemer Venture Partners, SignalFire, and B Capital Group.
Previously, EvenUp raised $35 million in its Series C funding round led by Lightspeed Venture Partners, Forbes reported in August.
Legal tech startup EvenUp announced on Tuesday that it has raised $135 million in a Series D funding round led by Bain Capital Ventures, with participation from Lightspeed Venture Partners, Premji Invest, SignalFire, Bessemer Venture Partners and B Capital Group.
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About EvenUp
Industries
Legal
Company Size
501-1,000
Company Stage
Series D
Total Funding
$220M
Headquarters
San Francisco, California
Founded
2019
There are no jobs for EvenUp right now.
Find jobs on Simplify and start your career today