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EvenUp

EvenUp

Legal services for personal injury cases

About

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 approach involves detailed case preparation and argumentation, which has earned praise for being thorough and cohesive. EvenUp Law uses a contingency fee model, meaning they only receive payment if they win a case, taking a percentage of the settlement or judgment. What sets EvenUp apart from competitors is its ability to analyze cases like an adjuster or defense attorney, which enhances their preparedness during negotiations or trials. This method has led to higher settlement amounts and quicker resolutions for clients, reducing their stress. The firm also maintains a database of similar injuries and their values, which contributes to accurate damage estimates.

Company Stage

Series A

Employees

201-500

Industries

AI & Machine Learning, Financial Services, Legal

Total Funding

$64.9M

Headquarters

N/A

Founded

2019


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Simplify's Take

What believers are saying

  • Raising $50.5 million in Series B funding, backed by prominent investors like Bessemer Venture Partners and Bain Capital Ventures, indicates strong financial health and growth potential.
  • The launch of Litty, an AI-powered assistant, showcases EvenUp's commitment to innovation and technological advancement in legal services.
  • High valuation at $325 million reflects market confidence and the firm's potential for significant impact in the legal tech space.

What critics are saying

  • The reliance on a contingency fee model means revenue is dependent on winning cases, which can be unpredictable.
  • Rapid growth and high valuation may lead to increased scrutiny and pressure to deliver consistent results.

What makes EvenUp unique

  • EvenUp leverages AI to transform raw files into legal documents, a unique approach in the personal injury sector.
  • Their meticulous case preparation, akin to that of adjusters or defense attorneys, sets them apart in achieving high settlement amounts and quick resolutions.
  • The firm's accurate and timely database of similar injuries and values enhances its negotiation capabilities, providing a competitive edge.

Growth & Insights
Headcount

6 month growth

17%

1 year growth

117%

2 year growth

548%

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