Eve, a California-founded large language model-based case lifecycle management platform for plaintiffs, today (16 January) announced it has secured $47m Series A, led by Andreessen Horowitz (a16z) with participation from Lightspeed Venture Partners and Menlo Ventures. We’re told this investment will support Eve’s market growth, enhance product development, and further its mission to help plaintiff legal teams become AI-native. Eve is also announcing with this fundraising that it is expanding its tailored offerings for personal injury firms – the new offering enables attorneys to create detailed medical chronologies, identify key case risks, and calculate damages “within minutes”.
“At Eve, we’re committed to helping plaintiff law firms punch above their weight, fighting strategically for their clients,” said Jay Madheswaran, CEO and co-founder, Eve. “Our platform provides firms with the advanced tools they need to improve client outcomes and drive profitability. We envision a future where every plaintiff firm operates as fully AI-native, delivering advocacy with unmatched efficiency and precision. This funding brings us one step closer to making that vision a reality, empowering firms to deliver justice more effectively and profitably, reaching more people.”
In the last eight months, Eve has achieved 5x revenue growth and partnered with more than 80 new law firms, leading to an 800% increase in its customer base within a year.
Eve’s clients include plaintiff firms including Mike Morse Law Firm, Atlanta Personal Injury Law Group, Barrett & Farahany, and Frontier Law Center. “With Eve, our attorneys have reduced the time needed for discovery responses from up to 20 hours down to just 30 to 45 minutes,” said Amanda Farahany, managing partner at Barrett & Farahany. “This time savings allows our team to focus on higher-value activities, enhancing our ability to deliver quality outcomes for our clients without compromising efficiency.”
Eve announced from stealth mode in 2023 with a $14m investment from Lightspeed and Menlo Ventures. “Eve is reshaping the future of legal work with AI, combining cutting-edge technology, exceptional leadership, and a commitment to delivering real-world impact,” said David Haber, general partner at a16z. “In under a year, the company has made remarkable strides, partnering with some of the most prominent plaintiff law firms in the country. We’re thrilled to support Eve as they help law firms across the U.S. unlock the full potential of AI.”