EvenUp secures $135 million in a Series D funding round, achieving a valuation exceeding $1 billion. The funding, led by Bain Capital Ventures, supports EvenUp’s development of AI-driven legal technology for the personal injury sector. Based in San Francisco, EvenUp uses an AI model that analyzes numerous injury cases and medical records to assist in legal documentation and case preparation. Co-founder and CEO Rami Karabibar highlights the goal of helping personal injury firms and supporting 20 million injury victims in the U.S. Since its founding in 2019, EvenUp has raised a total of $235 million. The legal tech industry has seen substantial growth, with startups receiving around $1.9 billion in funding this year, compared to less than $1 billion last year. This funding for EvenUp ranks as the second largest in the sector for 2024, following Clio’s $900 million raise and Harvey's $100 million funding, both occurring in July.

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