Legal tech company Eve has secured $47 million in a Series A funding round led by venture capital firm Andreessen Horowitz with additional support from Lightspeed Venture Partners and Menlo Ventures.
Eve’s AI platform provides plaintiff law firms with comprehensive support for the entire case lifecycle, helping them reduce operational costs, improve productivity and enhance profitability. The capital Eve raised will primarily be used to accelerate market growth and bolster product development efforts.
Eve also announced the launch of tailored solutions for personal injury firms, including advanced features for creating detailed medical chronologies, identifying case risks and drafting strategic demand letters.
The company is working to ensure legal teams can leverage AI to improve their overall performance and provide better service to their clients, according to a company statement.