Eve Announces $103 Million Series B to Transform AI in Plaintiff Law Firms

Eve's Revolutionary Funding Announcement

In a significant move that defines the future of legal technology, Eve, an innovative AI platform, has raised $103 million in Series B funding, pushing its valuation to over $1 billion. This round was led by Spark Capital and included existing investors like Andreessen Horowitz, Lightspeed Venture Partners, and Menlo Ventures. This funding signifies not just financial support but an endorsement of Eve’s mission to reshape the operational landscapes of plaintiff law firms.

Rapid Growth in Legal Tech

Since the previous funding round in January 2025, Eve has seen unprecedented growth, onboarding over 350 new law firms in just eight months. This surge has brought their total customer base to over 450 firms, marking Eve as one of the fastest-growing companies in the legal tech sector. The platform has now positioned itself to handle more than 200,000 legal cases annually, enabling firms to collectively recover over $3.5 billion in settlements and judgments.

Meeting the Needs of Plaintiff Firms

For plaintiff firms, delivering justice is paramount. These firms often grapple with overwhelming workloads and extensive case backlogs, particularly when competing against well-funded defense teams. Jay Madheswaran, CEO and co-founder of Eve, emphasizes the need for these firms to evolve into ‘AI-Native’ entities — a transformation that’s vital for maintaining and enhancing their competitive edge in a rapidly changing industry.

Madheswaran states, "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." With the new influx of capital, Eve aims to empower law firms to adopt AI technology that enables them to outmaneuver the competition.

The Architecture of Eve's AI

To construct an AI platform capable of meeting the rigorous demands of modern legal practice, Eve has united top-tier AI specialists and legal professionals. The result is a platform designed to adapt swiftly to the latest AI advancements, ensuring that all updates are legally validated for accuracy. Madheswaran has branded Eve a continuous innovation platform rather than a mere tool — a system that evolves to empower its users.

The company has also established a dedicated transformation team focused on integrating Eve’s capabilities into the unique workflows and values of each law firm, thereby enhancing their operational efficiency over time.

Proven Success in the Legal Field

Eve is currently serving an impressive roster of over 450 elite law firms across the nation, including notable names like Mike Morse Law Firm and The Law Offices of James Scott Farrin. These firms report transformative impacts on their operations. For example, Ryan Bliss, a partner at the Law Offices of James Scott Farrin, noted, "Eve has transformed the way we work... freeing up our attorneys to focus on strategy instead of paperwork."

In recent months, client firms have achieved remarkable successes using Eve's platform; for instance, Hershey Law secured a $27 million settlement, and Geiger Legal Group won a $15 million case. Some firms have even doubled their case capacity within a year of implementing Eve.

The Path Forward for Eve

Spark Capital's General Partner, James Kuklinski, voiced his enthusiasm for Eve’s trajectory, stating, "Eve represents exactly the kind of company we look for—one that’s fundamentally transforming how work gets done in a massive, traditional industry.” His comment underscores the significance of AI integration into legal practices, as Eve spearheads the movement toward AI-Native law firms.

As Eve continues this journey, it stands at the forefront of a monumental shift in the legal industry, promising enhanced efficiency and improved outcomes for clients. For more information on Eve and to see how it can revolutionize your practice, visit Eve’s official website.