Eve, an AI-based platform reshaping how plaintiff law firms operate, has raised $103 million in Series B funding, surpassing its valuation of $1 billion. The round was led by Spark Capital and included continued support from Andreessen Horowitz, Lightspeed Venture Partners, and Menlo Ventures.
This funding milestone reflects Eve’s rapid ascent in the legal tech space and its growing influence among firms seeking to deliver justice more efficiently.
Since its Series A in January 2025, Eve has grown at an extraordinary pace. In just eight months, it onboarded over 350 new law firms, bringing its total client base to more than 450 of the nation’s most prominent plaintiff firms.
These firms now rely on Eve to process over 200,000 legal cases annually. Collectively, they’ve recovered over $3.5 billion in settlements and judgments with Eve’s support, underscoring the platform’s real-world impact.
Plaintiff law firms often face overwhelming challenges: massive caseloads, limited resources, and powerful defense teams. Eve was built to address these pressures head-on. Its AI architecture is designed for agility, enabling it to integrate the latest advancements in AI, validate them for legal accuracy, and deliver them through intuitive workflows. This means firms can adopt cutting-edge tools without sacrificing precision or speed.
Unlike static software, Eve evolves continuously. It’s not just a tool—it’s a dynamic platform that adapts to each firm’s unique needs. A dedicated client transformation team works closely with firms to align Eve’s capabilities with their internal processes and values. This personalized approach enables Eve to become a valid extension of the firm, allowing the lawyers to deliver consistent, high-quality outcomes for their clients.
The results speak for themselves. Firms using Eve have achieved landmark verdicts, including a $27 million settlement won by Hershey Law and a $15 million case victory by Geiger Legal Group. Many firms have more than doubled their case capacity within a year of adopting Eve, demonstrating that the platform not only enhances performance but also transforms it.
KEY QUOTES:
“This is why we built Eve. Plaintiff firms fight for fairness against corporations with endless resources. This is no longer about keeping pace; it’s about seizing the upper hand. Firms must become AI-Native, reimagining their entire practice to outmaneuver the competition and deliver transformative wins for their clients. With this funding, we’ll arm them to do just that.”
“To build the most advanced legal AI, we assembled an unparalleled team of AI engineers and legal experts. We gave them a singular mission: build a platform architected for the breakneck speed of modern AI.”
Jay Madheswaran, CEO and co-founder of Eve
“We are standing on a massive shift in how law firms are run. From the bottom up, AI is going to be taking over and being a major part of your law firm. For the last couple of years, AI was just for summarizing depositions and medical records, but it’s becoming so much more than that. And we’re weaving in AI, Eve, into everything we do.”
Mike Morse, founder of Mike Morse Law Firm
“Eve has transformed the way we work. We use it to streamline everything from medical summaries to settlement analysis memos, which frees up our attorneys to focus on strategy instead of paperwork.”
Ryan Bliss, Partner & Head of Legal Technology at the Law Offices of James Scott Farrin
“Eve represents exactly the kind of company we look for—one that’s fundamentally transforming how work gets done in a massive, traditional industry. The legal industry has been ripe for this level of innovation, and Eve’s incredible traction serving hundreds of firms in less than two years since launching proves that plaintiff attorneys are ready to embrace AI-Native workflows. Jay and the team are building something much more important than efficiency tooling. They’re creating a new category of AI-Native law, raising the level of service that firms can offer to an increasing number of clients.”
James Kuklinski, General Partner at Spark Capital
