a16z announced investment in AI-driven legal services platform Eve.

On January 16, according to official sources, legal tech company Eve completed its Series A financing led by a16z. The AI legal assistant platform developed by the company has seen an 800% rise in customer numbers in the past year, with an addition of 80 law firm customers in 8 months. Eve provides full-process AI-assisted services for plaintiff law firms, including customer reception, case work, and law firm operation modules, which can increase lawyers' case handling capacity by 3-4 times. According to feedback from the Barrett and Farahany client, the use of Eve can shorten the evidence disclosure response time from 20 hours to 30 minutes. Through continuous learning and optimization, the platform has formed a virtuous cycle of case processing efficiency and client success rate, which is expected to significantly improve the processing efficiency of approximately 66 million plaintiff litigation cases in the United States each year.