# Eve

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/eve-3

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.eve.legal
- Total disclosed funding: $163M
- Latest round: Series B (Sep 30, 2025)
- Investors on record: 4

## About

Founded in 2020 by Jay Madheswaran (CEO), David Zeng, and Matt Noe (CPO), and based in California, US, Butler Labs, Inc., trading under the name Eve, operates as a software platform that develops and offers an AI-based legal assistant for law firms and professionals. In September 2025, Eve raised USD 103 million in series B funding led by new investor Spark Capital, with participation from returning investors Andreessen Horowitz, Lightspeed Venture Partners, and Menlo Ventures.
The firm offers software solutions to help automate legal and law practices with the use of fully trainable artificial intelligence-based assistant models. The platform features pre-built legal skills that automate tasks like document reviews, case analysis, legal research, and other repetitive tasks for litigation, transactional law, and specific practice areas.
EVE generates revenue through AI-driven legal subscriptions, litigation support services, and enterprise partnerships, enabling law firms to boost efficiency and revenue growth.
The company will use the September 2025 funding to expand its business operations and its development efforts.

## Funding rounds

- Series B, Sep 30, 2025, $102M — Lightspeed Venture Partners, Menlo Ventures, Spark Capital, Andreessen Horowitz
- Series A, Jan 16, 2025, $47M — Lightspeed Venture Partners, Menlo Ventures, Andreessen Horowitz
- Seed, Oct 25, 2023, $13M — Lightspeed Venture Partners, Menlo Ventures

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed, Series A, Series B
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Seed, Series A, Series B
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B
- Spark Capital — Series B