Companies
/
EvenUp
Artificial Intelligence
EvenUp is a San Francisco-based legal technology company that uses AI to help personal injury law firms analyze medical records and build demand letters and case valuations more efficiently.
Create an account to view live offerings, pricing, and market activity.
Sign in to view offerings and live market activity.
EvenUp was founded in 2019 by Rami Karjian and Saam Mashhad, based on the observation that personal injury law firms, which typically represent injured clients on a contingency fee basis and are paid only if they win or settle a case, spend an enormous amount of time and resources manually reviewing medical records and other documentation to build the "demand letters" and case valuations used to negotiate settlements with insurance companies, a process that is both time-consuming for attorneys and paralegals and prone to inconsistency in how thoroughly and persuasively different cases are documented and valued. EvenUp's platform uses AI to analyze medical records, bills, and other case documentation, extracting relevant details about a client's injuries, treatment history, and prognosis, and helping to assist with organizing and drafting demand letters and case valuation estimates than a time-constrained human paralegal or attorney might be able to produce manually for every case, particularly for smaller or mid-sized personal injury firms handling large caseloads without the resources of the largest, most well-staffed firms. The company has The platform is designed to assist personal injury firms with reviewing documentation and preparing case materials for personal injury attorneys and their clients against well-resourced insurance companies, which often have significant internal claims analysis capabilities of their own, by giving plaintiff-side firms access to more thorough, data-driven case documentation and valuation tools than they could otherwise economically produce in-house, potentially leading to higher settlement values for injured clients. EvenUp has positioned its product specifically for the plaintiff-side personal injury legal market, a large and historically technology-underserved segment of the broader legal industry, rather than building a more general-purpose legal AI tool. The company has raised substantial venture funding from investors including Bessemer Venture Partners, SignalFire, and Bain Capital Ventures, reaching a valuation exceeding $1 billion, reflecting significant investor interest in vertical-specific AI applications for the legal industry.
FOR QUALIFIED INSTITUTIONAL AND ACCREDITED INVESTORS ONLY: Under federal securities laws, private market investments on this platform are available exclusively to Institutional and Accredited Investors. Verification of status required before investing. Private investments involve significant risks including illiquidity, potential loss of principal, and limited disclosure requirements. "Augment" refers to Augment Markets, Inc. and its affiliates. Augment Markets, Inc. is a technology company offering software and data services, not a bank or financial institution. Cash Accounts are provided by Modern Treasury Corp. financial institution partners and through Augment's technology. Augment does not act as a money services business, provide money transmission, or serve as a custodian of funds. Funds held in your Cash Account are not FDIC insured unless expressly disclosed. Full terms available in the Augment Cash Account Agreement. Brokerage services are offered through Augment Capital, LLC, an affiliated broker-dealer and member FINRA/SIPC. "Investment accounts" are not brokerage accounts and do not hold customer funds or securities. Investment advisory services are offered through Augment Advisors, LLC, an SEC-registered investment adviser. Registration with the SEC does not imply a certain level of skill or training. Neither Augment Advisors, LLC nor Augment Capital, LLC provide legal or tax advice; consult your attorney or tax professional regarding your specific situation. For additional information, please refer to Augment Advisors, LLC's Form ADV Part 2A (Firm Brochure) and FINRA BrokerCheck.
| Company | Valuation |
|---|---|
Open Anthropic Artificial Intelligence | $1.39T |
Open OpenAI Artificial Intelligence | $1.2T |
Open Cognition AI (Devin) Artificial Intelligence | $60.6B |
Open Prometheus Artificial Intelligence | $42.8B |
Open Fireworks AI Artificial Intelligence | $16.7B |
Sign up with Augment to see the latest market activity.
