EvenUp has not disclosed its total revenue, so the $150 million figure is contracted recurring revenue, not reported earnings. Secondary coverage puts Vanta's annual recurring revenue above $300 million during Case's tenure, but that number does not come from a company filing and should be treated as unverified. The company has not said how much of its contracted revenue is tied to any specific product line beyond the figures below.
The growth reflects a shift away from the company's original product. EvenUp built its business on demand letters, the settlement demands personal injury lawyers send to insurers. In early 2025, those letters made up more than 90 percent of revenue. Today they account for less than 25 percent. EvenUp says it serves more than 2,000 personal injury firms and handles about 20,000 cases a week, with clients paying a fixed price per case under annual contracts with volume commitments.
For attorneys, the signals are worth tracking. EvenUp says revenue has doubled since its October 2025 Series E, a $150 million round led by Bessemer Venture Partners at a valuation above $2 billion. Case's hire points to a push to win new firms and sell more products to existing customers. Its largest disclosed deal, a $16 million annual agreement, suggests firms are buying broader AI systems for legal workflows rather than single tasks. If you use EvenUp or are evaluating vendors, expect the product mix and pricing to keep moving in that direction.