Everlaw Secures $202 Million Series-D Round of Funding
Here at Everlaw, we believe in the rule of law — not that all laws are just, but that the legal system, however imperfect, is the right framework for civil society. We don’t manufacture truth; we help our users discover it through the use of our platform. Everlaw started with the mission of promoting justice by illuminating truth. Over the past ten years, we have worked tirelessly to ensure that our cutting-edge technology enables law firms, government entities, and corporations to solve the most challenging problems in the legal industry and ultimately help legal professionals to illuminate the truth.
With that mission in mind, we’re proud to announce a $202 million Series D funding round, which brings the company to an overall valuation of over $2 billion. TPG has led this round of funding with additional participation from HIG Growth Partners and existing investors Capital G, Menlo Ventures, Andreessen Horowitz and K9 Ventures. We also welcome Mike Zappert, a TPG partner, to our board of directors.
This caps a huge year for us, as Everlaw has seen an 80% YoY growth, launched exciting new tools (such as Everlaw Legal Holds and Storybuilder by Everlaw), and signed new contracts with Am Law 50, 100, and 200 firms, with government entities, including the Colorado State Attorney General, and corporations like Lime, Snowflake and Coca-Cola Europe. Simply, as Everlaw grows, the impact of our customers grows as well.
Are you interested in finding out how legal professionals use modern ediscovery technology and what the future means moving forward for the legal industry? Check out our year in review report to learn more.
This announcement supports our vision of making our cutting-edge litigation and investigation platform available to every legal professional, including providing the use of our platform for free to nonprofits and journalists via our Everlaw for Good program. As we move forward, innovation will continue to be a linchpin of our mission at Everlaw — whether that’s in-platform advancements, world-class service and support, or protecting sensitive data. We’re incredibly excited for what’s in store for Everlaw and the broader legal industry.