EvenUp Raises $135M in Series D
EvenUp has successfully raised $135M in a Series D at a $1B valuation led by Bain Capital Ventures, SignalFire.
Company Overview
EvenUp is a LegalTech company headquartered in San Francisco, CA, founded in 2019 with 200+ employees.
AI for personal injury law
Fundraising Details
- Amount Raised: $135M
- Round Type: Series D
- Valuation: $1B
- Date: 2024-10-08
- Investors: Bain Capital Ventures, SignalFire
About EvenUp
AI for personal injury law The company is positioned in the LegalTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: San Francisco, CA
- Founded: 2019
- Team Size: 200+
- Industry: LegalTech
What This Means
This funding round demonstrates strong investor confidence in EvenUp's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The LegalTech sector continues to attract significant investment as companies innovate to meet evolving market demands. EvenUp's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $1B valuation marks an important milestone for EvenUp, positioning the company among notable players in the LegalTech industry.
Looking Ahead
With this new capital, EvenUp is well-positioned to execute on its growth strategy and continue building innovative solutions in the LegalTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2024-10-08. For more information about EvenUp, visit their headquarters at San Francisco, CA.
