What is EvenUp?
Founded in 2019, EvenUp leverages a proprietary machine learning-powered AI model, Piai, to assist leading personal injury firms in optimizing the valuation of their cases and achieving more favorable settlements. The company's core mission is to foster fairness within the personal injury legal process by reducing manual workloads and enhancing overall case outcomes through advanced technology.
How much funding has EvenUp raised?
EvenUp has raised a total of $335.5M across 3 funding rounds:
Series B
$50.5M
Series D
$135M
Series E
$150M
Series B (2023): $50.5M with participation from Bessemer Venture Partners, Bain Capital Ventures, and Clio Ventures
Series D (2024): $135M led by Bain Capital Ventures, Lightspeed Venture Partners, Bessemer Venture Partners, SignalFire, and Premji Invest
Series E (2025): $150M supported by REV Venture Partners, SignalFire, Adams Street Partners, HarbourVest Global Private Equity, Premji Invest, Bessemer Venture Partners, and Bain Capital
Key Investors in EvenUp
Bain Capital Ventures
Bain Capital Ventures is a prominent venture capital firm with a substantial track record in early-stage investments, known for backing transformative technology companies.
SignalFire
SignalFire is a venture capital firm that operates as a technology company, utilizing data and AI to accelerate the growth of early-stage startups across various sectors.
Bessemer Venture Partners
Bessemer Venture Partners is one of the oldest venture capital firms, with a long history of investing in and supporting technology companies from their inception.
What's next for EvenUp?
The recent enterprise-level financing indicates EvenUp is poised for significant scaling and further technological development. This strategic investment will likely fuel expansion into new markets, enhance its AI capabilities, and potentially broaden its service offerings within the legal tech landscape. The sustained investor interest suggests a strong belief in EvenUp's disruptive potential and its ability to redefine how personal injury claims are managed and valued.
See full EvenUp company page
