PE Fund Investments
Premji Invest participates in $135-M funding for US-based legal-tech startup EvenUp
Premji Invest has participated in the USD 135 million Series D round of funding for San Francisco, CA (USA)-headquartered EvenUp , a claims intelligence platform engaged in personal injury-related document generation. The round, raised at an over USD 1 Billion enterprise valuation, was led by Bain Capital Ventures, with participation from Lightspeed Venture Partners, Bessemer Venture Partners, SignalFire, and B Capital Group. This brings the company's total funding to USD 235 million, with USD 220 million raised over the last 18 months.EvenUp, founded in 2019, empowers personal injury firms to deliver higher standards of representation. It is claimed that over 1,000 law firms use EvenUp, which has helped them claim over USD 1.5 Billion in damages. EvenUp has flagged USD 200 million in missing documents, leading to settlement increases of up to 30%.
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