Coming out of stealth after 18 months, Eudia, an ‘Augmented Intelligence’ platform for Fortune 500 legal teams, has announced the close of its Series A funding round of ‘up to $105 million’, led by General Catalyst with participation from many others.
Eudia enables Chief Legal Officers (CLOs) to ‘go beyond problem solving – proactively driving company strategy, strengthening risk management, and capturing untapped value for their business’, the company said. Cargill, DHL, Duracell, and Coherent are already clients.
Omar Haroun, Co-Founder and CEO of Eudia, commented: ‘Visionary CLOs see AI’s potential but understand they cannot compromise on trust, accuracy, or a deep understanding of their organization’s unique context. Eudia combines a proprietary Augmented Intelligence platform with human expertise to supercharge legal professionals, helping organizations scale efficiently, mitigate risk effectively, and unlock billions in unrealized business value.’
Haroun, the CEO, is a serial entrepreneur with over a decade in Fortune 500 legal technology, previously leading AI strategy at Relativity, and founding Text IQ.
Other investors include: 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.
