Eve Nabs $1 Billion Valuation to Bring AI to Lawyers

The startup raised $103 million from investors including Spark, Andreessen Horowitz and Lightspeed. 

Eve co-founders David Zeng, Jay Madheswaran, and Matt Noe

Source: Eve

Eve, an AI assistant for plaintiff-side lawyers, is the latest in a new wave of startups raising money after gaining a foothold at law firms. In a new deal, the company raised $103 million at a $1 billion valuation, including the new investment, it said.

Spark Capital led the new investment, with participation from Andreessen Horowitz, Lightspeed Venture Partners and Menlo Ventures.