EvenUp Raises $150 Million: Groundbreaking AI Platform Transforms Personal Injury Justice

The legal technology sector has witnessed an undeniable watershed moment as EvenUp raises $150 million in Series E funding, achieving a formidable $2 billion valuation. This capital infusion represents more than financial achievement—it embodies the systematic transformation of personal injury law through artificial intelligence, delivering tangible justice to victims who have historically faced insurmountable disadvantages against well-funded insurance corporations.

EvenUp Hits $2 Billion Valuation in Latest Funding Round

Bessemer Venture Partners led the Series E round as EvenUp raises $150 million, with participation from Bain Capital Ventures and existing investors including Lightspeed Venture Partners. The $2 billion valuation reflects genuine market validation of EvenUp’s technology, which processes medical records, legal documentation, and case evidence with unprecedented speed and accuracy. Founded by professionals from Uber and Khosla Ventures, the San Francisco-based company has systematically eliminated barriers preventing injury victims from securing fair compensation. This valuation is not speculative optimism—it represents calculated recognition of measurable results delivered across thousands of cases nationwide.

AI Technology Transforms Personal Injury Law Practice

EvenUp’s artificial intelligence analyzes complex medical terminology, police reports, and documentation with surgical precision, enabling attorneys to compete against insurance companies’ extensive resources. The platform generates comprehensive demand letters that adjusters cannot dismiss, processing patterns from successful settlements to predict case values accurately. When EvenUp raises $150 million to enhance these capabilities, it accelerates fundamental restructuring of legal practice that previously relied on manual, time-intensive processes. The technology amplifies attorney capabilities exponentially rather than replacing human judgment, providing solo practitioners with sophisticated tools previously accessible only to large firms. This democratization narrows the gap between well-resourced defendants and individual plaintiffs dramatically.

Bessemer Venture Partners Leads $150M Series E Investment

Bessemer Venture Partners’ leadership carries profound weight, given their track record backing LinkedIn, Shopify, and Twilio. Sophisticated investors like Bessemer and Bain Capital Ventures write nine-figure checks only after confirming product-market fit and defensible competitive advantages. As EvenUp raises $150 million, it validates that the platform has transcended optional status and established itself as mission-critical infrastructure for modern personal injury practices. The unanimous conviction among these capital allocators demonstrates EvenUp’s achievement of genuine adoption by practicing attorneys who witness measurable improvements in settlement outcomes. This investment targets the $50 billion personal injury market’s fundamental restructuring through technology.

Over 200,000 Cases Resolved with $10 Billion in Damages Secured

EvenUp’s platform has processed over 200,000 personal injury cases, contributing to more than $10 billion in damages secured for victims—representing real families receiving compensation for medical bills, lost wages, and suffering. Law firms report dramatic improvements in settlement timelines and values, as AI-generated demand packages arrive with comprehensive documentation that prompts insurance adjusters to settle more quickly and favorably. The platform enables attorneys to handle larger caseloads without sacrificing quality, expanding access to representation for victims who might otherwise struggle to find lawyers for smaller cases. As EvenUp raises $150 million to scale operations, this acceleration of justice matters profoundly for victims facing financial pressure.

How EvenUp Helps Injury Victims Level the Legal Playing Field

Insurance companies exploit information asymmetries and resource constraints that burden individual plaintiffs, employing sophisticated strategies to minimize payouts. EvenUp’s technology confronts this structural injustice directly, granting attorneys instant access to medical expertise, case law precedents, and negotiation strategies requiring years of specialized experience. Solo practitioners in small towns can now present cases with sophistication matching large urban firms. When EvenUp raises $150 million to enhance these capabilities, the systemic pressure on insurance companies to offer fairer initial settlements intensifies. The $150 million positions EvenUp to expand while deepening its technological advantage, transforming access to justice from aspirational principle into operational reality for Americans deserving fair compensation.