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PremjiInvest backs US-based legaltech startup EvenUp in Series D round

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- EvenUp, a US-based legaltech startup, raised $135 million in its Series D funding round. - The funding round was led by Bain Capital Ventures, with participation from new investor PremjiInvest and existing backers including Lightspeed Venture Partners, Bessemer Venture Partners, and SignalFire. - The startup was valued at over $1 billion in this funding round, bringing its total funding to $235 million over the last 18 months. - EvenUp has more than 1,000 personal injury law firm customers and claims to have helped these firms claim over $1.5 billion in damages and flag $200 million in missing documents. - Alongside the fundraising, EvenUp launched the "Claims Intelligence Platform," which is powered by its AI model known as Piai and aims to help personal injury firms deliver higher standards of representation.