Eudia, a Palo Alto, CA-based provider of an augmented intelligence platform for Fortune 500 legal teams, closed a Series A funding round for up to $105M.
The round was led by General Catalyst with participation from Floodgate, Sierra Ventures, Hakluyt Capital, Defy, Everywhere Ventures, B3 Capital, Backbone, Firsthand, as well as prolific angel investors Gokul Rajaram, Chris Re, Andrew Sieja, Mike Gamson, and Scott Belsky.
The company intends to use the funds to expand operations and its development efforts.
Eudia provides Fortune 500 companies with an augmented intelligence platform combined with expert humans-in-the-loop, to eliminate routine work, illuminate insights, and empower legal teams to efficiently scale operations, mitigate risk, optimize external counsel spend, and free their teams from the ‘toil’ of menial legal tasks.
The team include:
- Omar Haroun, CEO.
- Ashish Agrawal, CTO.
- David Van Reyk , COO.
The platform is used by the CLOs of some of Fortune 500 companies, including Cargill, DHL, Duracell, and Coherent.
FinSMEs
13/02/2025