REV & LexisNexis Invest in EvenUp, the Leader in AI for Personal Injury Law

REV and LexisNexis joined EvenUp's Series E to support AI-powered workflows in personal injury law.

October 07, 2025

REV & LexisNexis Invest in EvenUp, the Leader in AI for Personal Injury Law

LexisNexis Supports the Rise of AI-Powered Workflows for Next-Gen Outcomes in PI Law

EvenUp, a category leader in AI for personal injury law, has announced a $150 million Series E funding round at a valuation exceeding $2 billion, led by Bessemer Venture Partners with participation from REV, the venture capital arm of RELX (owner of LexisNexis Legal & Professional), along with B Capital, SignalFire, Adams Street, HarbourVest, Lightspeed, and BroadLight Capital.

EvenUp’s Claims Intelligence Platform™, powered by its proprietary Piai™ model, is trained on hundreds of thousands of injury cases and millions of medical records. Unlike traditional tools, EvenUp’s AI acts proactively, drafting, reviewing, and strategizing at superhuman scale across the entire case lifecycle. The platform has already helped secure billions of dollars in settlements, accelerated case timelines by the equivalent of many thousands of years of earlier resolutions, and freed attorneys to focus on achieving the best outcomes for their clients.

To date, EvenUp has helped resolve more than 200,000 cases, securing over $10 billion in damages for injury victims. Today, over 2,000 firms—including 20% of the Top 100 U.S. personal injury firms—depend on EvenUp’s platform. With ARR doubling year-over-year, EvenUp is establishing itself as the AI platform of choice for modern PI law.

“LexisNexis Legal & Professional and REV invest in customer-centric innovators who strive to make it easier for legal professionals to do their work,” said Sean Fitzpatrick, CEO of LexisNexis North America, UK & Ireland. “EvenUp shares our commitment to advancing legal AI innovation that helps professionals achieve better outcomes and drive greater value for their organizations.”

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Media Contact
Jill Van Nostran
LexisNexis Legal & Professional
jill.vannostran@lexisnexis.com

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About LexisNexis® Legal & Professional

LexisNexis® Legal & Professional provides AI-powered legal, regulatory, business information, analytics, and workflows that help customers increase their productivity, improve decision-making, achieve better outcomes, and advance the rule of law around the world. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. LexisNexis Legal & Professional, which serves customers in more than 150 countries with 11,900 employees worldwide, is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers.

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