EvenUp wants to level the playing field in personal injury law by using AI to understand how much a lawsuit is worth. The company was founded in 2019 by Rami Karabibar, who has experience in private equity, venture capital, and startups; Ray Mieszaniec, a two-time entrepreneur whose father was under-compensated in a personal injury case; and Saam Mashhad, a former litigator. EvenUp aims to help plaintiffs avoid settling early or incurring overwhelming debts while giving attorneys data for settlement negotiations.
The company's Litty AI assistant product, trained on millions of records and hundreds of thousands of case outcomes, can interpret raw medical records and generate legal documents that are optimized for personal injury use cases. EvenUp has also compiled a large repository of case data, allowing its models to continually improve at preparing demand packages faster and more accurately. By working with EvenUp, law firms have experienced an average revenue lift of 30%+, resolved cases months sooner, and saved hours of drafting time per claim.
As a prospective EvenUp employee, you’ll be joining a fast-growing company at the forefront of applying generative AI to the legal industry. With a recent $50.5M Series B fundraise at a $325M valuation led by Bessemer Venture Partners and Bain Capital Ventures (among others), EvenUp is positioned to scale its platform and expand to new areas of law beyond personal injury. The company's ability to source high-quality training data while protecting privacy, along with proving the reliability of its AI-generated legal documents, will be key to its continued success in the conservative legal industry.
2019
Founded
250-500
Employees
Series D
Stage
$1.1B
Latest Valuation
$400-700M
Total Funding
Oct 08 2024
Last Fundraise
Why is the rating
Open Roles
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