(Reuters) -Legal AI company EvenUp said on Tuesday it raised $135 million in a funding round that valued it at over $1 billion.
Bain Capital Ventures led the funding round, while other investors including Premji Invest, Lightspeed Venture Partners, Bessemer Venture Partners, SignalFire and B Capital Group also participated.
The company’s total funding came up to $235 million and underscores the resilience of the AI space, despite subdued activity elsewhere in the venture capital industry.
(Reporting by Niket Nishant in Bengaluru; Editing by Krishna Chandra Eluri)
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