Eve raised $47 million in a Series A funding round led by Andreessen Horowitz to enhance its AI legal platform.

Jan 16, 2025•11 months ago

Amount Raised

$47 Million

Round Type

series a

MelbourneAviation & Aerospace

Investors

Menlo VenturesLightspeed Venture PartnersAndreessen Horowitz

Description

Eve, an AI legal platform, has successfully raised $47 million in a Series A funding round. The funding was led by Andreessen Horowitz, with participation from Lightspeed Venture Partners and Menlo Ventures. This investment will help Eve continue to grow its customer base and further develop its technology offerings for the legal sector.

Company Information

Company

Eve Air Mobility

Location

1400 General Aviation Dr

Melbourne, Florida, United States

About

Eve is a prominent electric aircraft manufacturer operating under the control of Brazilian aerospace giant Embraer. They are focused on developing battery-powered aircraft capable of vertical takeoff and landing (eVTOL) for short-distance urban transportation.

Related People

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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