EvenUp, AI Platform for Personal Injury Lawyers, Raises $150M at $2B Valuation

By Bob Ambrogi on October 7, 2025

One of the hottest areas of development and growth in legal tech these days is personal injury law. Just last week, Eve, an AI platform for plaintiff-side firms, raised $103 million, and now today comes news that another AI platform for personal injury law, EvenUp, has raised a $150 million Series E round at a valuation of over $2 billion — its fourth financing round in two years and a doubling of its valuation in just one year, with a total capital raise of $385 million.

This latest round was led by Bessemer Venture Partners, which had already invited in EvenUp in prior rounds, with participation from REV, the venture capital arm of RELX, which owns LexisNexis Legal & Professional; B Capital; SignalFire; Adams Street; Bain Capital; HarbourVest; Lightspeed; and Broadlight Capital.

EvenUp’s Claims Intelligence Platform, as it calls its core AI-powered product, is trained on hundreds of thousands of injury cases and millions of medical records, the company says.

The platform provides tools for drafting litigation documents and demand letters, creating medical chronologies, negotiating settlements, preparing cases for trial, and more.

“Legal AI is no longer a side bet; it’s becoming the backbone of personal injury law,” said Rami Karabibar, CEO and cofounder of EvenUp. “In the last six months alone, case volume on our platform nearly doubled to 10,000 cases per week. Firms are growing revenue without adding staff, while victims secure better results faster. That’s the transformation we’re driving.”

To date, the company says, it has helped resolve more than 200,000 cases, securing over $10 billion in damages for injury victims. Over 2,000 firms use the platform, it says, including 20% of the top 100 U.S. personal injury firms.

“EvenUp’s vision is to give every personal injury attorney a trusted AI partner, bringing the collective wisdom of hundreds of thousands of cases to every decision,” said Sameer Dholakia, partner at Bessemer Venture Partners. “Just as word processors became essential, AI will soon be table stakes, and EvenUp will be the gold standard lawyers rely on.”

New ‘Mirror Mode’ Introduced

Also today, EvenUp announced the coming launch of Mirror Mode, which it described as a “first-of-its-kind AI tool that allows firms to replicate their best work across all of their document-based workflows.”

By uploading a winning draft, a firm can generate tailored versions that mirror its language, style and structure, the company says.

It will be available in the coming weeks.

EvenUp was founded in 2019 as an AI-first company grounded in the belief that AI could transform how personal injury law operates.

All three founders had direct experience in PI law.