Andreessen Horowitz Leads $47m Investment Into Eve

Eve, a legal AI platform for plaintiff law firms, has secured $47 million in Series A funding, led by the famous Andreessen Horowitz (a16z) fund, with participation from Lightspeed Venture Partners and Menlo Ventures.

The investment will support Eve’s rapid market growth, enhance product development, and further its mission to help plaintiff legal teams ‘to become AI-native’, they said.

Eve is a comprehensive AI-powered platform designed to assist legal teams throughout every phase of a legal case. Eve functions as an intelligent partner, working alongside attorneys to optimize productivity at every stage, they explained.

Going beyond traditional legal software that organizes information or automates isolated tasks, Eve’s capabilities extend across the case lifecycle to streamline workflows and maximize firm profitability, the US-based company added.

Jay Madheswaran, CEO and co-founder: ‘At Eve, we’re committed to helping plaintiff law firms punch above their weight, fighting strategically for their clients. Our platform provides firms with the advanced tools they need to improve client outcomes and drive profitability.

‘We envision a future where every plaintiff firm operates as fully AI-native, delivering advocacy with unmatched efficiency and precision. This funding brings us one step closer to making that vision a reality, empowering firms to deliver justice more effectively and profitably, reaching more people.’

The move is the latest in a steady stream of investments into parts of the legal market often ignored by many VC investors, with clearly growing interest now in ‘Small Law’ and the claimant world.