EvenUp, whose AI tool generates legal documents to assess personal injury cases, raised a $50.5M Series B led by Bessemer Venture Partners at a $325M valuation
90% of personal injury settlements are private so victims don't know how much compensation to sue for, and insurance companies underpay them. EvenUp equips law firms with the data they need to get justice for plaintiffs https://techcrunch.com/... tip @Techmeme
The first post-pandemic, fully remote team we partnered with in July 2020 was three founders building an AI-enabled personal injury software company. Rami Karabibar, Saam Mashhad, and Raymond Mieszaniec originally called the company - Litty.
Additionally, the company is announcing the release of their AI legal assistant, Litty (we couldn't let go of the name). EvenUp uses AI to generate demand packages from settlement data, medical records, police reports, and other public and proprietary data sources.
Powered by millions of legal records, @evenuplaw uses AI to file 1,000+ demands each month, and is continuously improving. See why we've backed them since seed and are doubling down in their $50M Series B led by @BessemerVP, @BainCapVC in @TechCrunch. https://techcrunch.com/...