Eve joined the Unicorn Club in 2025 after raising a $103 million Series B funding round, reaching a $1.1 billion valuation. Headquartered in San Francisco, California, United States, Eve provides AI-driven legal solutions, including intake and evaluation, and drafting pre-litigation letters, to streamline workflows for law firms and legal teams.
The platform leverages artificial intelligence to reduce repetitive tasks, improve accuracy, and accelerate case preparation for legal professionals.
Keep reading to learn how Eve became a $1.1 billion leader in legal AI solutions.
What Is Eve and What Does It Do?
Founded in 2020, Eve is a legal AI platform that automates intake, evaluation, and drafting of pre-litigation letters. The platform helps law firms and corporate legal teams streamline workflows, reduce manual effort, and increase productivity.
Eve integrates AI algorithms, natural language processing, and automated document generation to improve efficiency and accuracy in legal operations.
How Much Funding Has Eve Raised?
1. Series B Round
- Amount Raised: $103 million
- Date: 2025
- Valuation: $1.1 billion
- Lead Investors: a16z, Lightspeed Venture Partners
- Purpose: Expand AI legal tools, scale the engineering team, and grow enterprise adoption
2. Earlier Rounds (Seed to Series A)
- Cumulative Funding: ~$57 million
- Key Investors: a16z, Lightspeed Venture Partners, and other early-stage investors
- Purpose: Develop core AI legal platform, launch initial products, and grow customer base
Total Funding Raised: More than $160 million
Latest Funding Date: 2025
Latest Known Valuation: $1.1 billion
Key Investors
- a16z
- Details: Venture capital firm investing in technology and AI companies
- Focus Areas: Artificial intelligence, SaaS platforms, enterprise software, and automation
- Lightspeed Venture Partners
- Details: Growth stage investment firm backing innovative technology startups
- Focus Areas: AI-driven software, legal tech, cloud solutions, and enterprise automation
Where Is Eve’s Headquarters?
Eve is headquartered in San Francisco, California, United States, supporting its AI engineering, product development, and operational teams for legal technology solutions.
What’s Next for Eve?
Eve plans to expand its AI legal platform, enhance natural language processing capabilities, and grow adoption across law firms and corporate legal teams. The company is investing in AI tools to streamline additional legal workflows and provide predictive insights to improve case outcomes.
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