AI Startup for Personal Injury Law Valued at Over $1 Billion

EvenUp Inc., a personal injury startup making artificial intelligence products for law firms, has raised $135 million in a new funding round valuing it at more than $1 billion.

The deal was led by Bain Capital Ventures, with participation from Premji Invest, Lightspeed Venture Partners, Bessemer Venture Partners, SignalFire and B Capital Group, the startup said.

More than 1,000 law firms use its product, according to the company, which helps prepare cases and analyze large volumes of documents. “It is inevitable that this industry will become more transparent,” said Chief Executive Offier Rami Karabibar.

Rami Karabibar

Source: EvenUp Inc.

Karabibar said that ...