Eudia, a groundbreaking Augmented Intelligence platform for Fortune 500 authorized groups, introduced the shut of its Sequence A funding spherical for as much as $105 million, led by Normal Catalyst with participation from Floodgate, Sierra Ventures, Hakluyt Capital, Defy, All over the place Ventures, B3 Capital, Spine, Firsthand, in addition to prolific angel buyers Gokul Rajaram, Chris Re, Andrew Sieja, Mike Gamson, and Scott Belsky.
In tandem, Eudia unveiled its identify, mission, and platform to the general public after working in stealth for the previous 18 months. As an Augmented Intelligence platform tailor-made to the distinctive wants of in-house authorized departments, Eudia is reimagining how authorized groups function—offering agentic capabilities that increase human experience, optimize danger, and unlock important enterprise worth.
A Imaginative and prescient for the Way forward for Authorized Management
The authorized trade faces a singular problem: balancing the rising demand to help companies at unprecedented speeds whereas sustaining an uncompromising strategy to danger administration. In-house authorized groups are overwhelmed, counting on costly exterior counsel tied to outdated billable-hour fashions, whereas present AI instruments danger accuracy, privateness, IP, and safety.
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Eudia believes in a future the place authorized leaders transcend these limitations. The corporate’s Augmented Intelligence Platform empowers authorized departments to personal their institutional data, harness it by way of AI, and supercharge their in-house attorneys. By mixing AI with human experience, Eudia allows Chief Authorized Officers (CLOs) to transcend drawback fixing—proactively driving firm technique, strengthening danger administration, and capturing untapped worth for his or her enterprise.
“Visionary CLOs see AI’s potential however perceive they can not compromise on belief, accuracy, or a deep understanding of their group’s distinctive context,” stated Omar Haroun, Co-Founder and CEO of Eudia. “Eudia combines a proprietary Augmented Intelligence platform with human experience to supercharge authorized professionals, serving to organizations scale effectively, mitigate danger successfully, and unlock billions in unrealized enterprise worth.”
Fast Adoption by Business Leaders
Already trusted by main organizations, Eudia’s options are being utilized by the CLOs of among the world’s most distinguished Fortune 500 corporations, together with Cargill, DHL, Duracell, and Coherent.
“Eudia shouldn’t be a software program supplier, it’s the way forward for our division. Eudia is headcount I don’t have to rent, it’s enterprise danger discount in that it helps us perceive the authorized information we have already got. It’s a serious a part of our transformation story. The workforce has earned my belief over the previous 18 months, delivered important ROI, and enabled my authorized workforce to behave as an actual strategic accomplice to the enterprise, by constructing an AI mind that delivers info and insights that have been beforehand inaccessible or cost-prohibitive,” stated Rob Beard, Chief Authorized Officer of Coherent.
Equally, Mark Smolik, Chief Authorized Officer of DHL Provide Chain Americas, shared: “As a workforce we spend quite a lot of time evaluating and implementing new and artistic methods to drive innovation in our division. Of the various instruments we’ve evaluated, Eudia stands out as extremely differentiated, by constructing AI brokers which might be designed for the true wants of company authorized departments. The workforce have earned my belief with each interplay, and I’m thrilled to have entry to Eudia’s Augmented Intelligence platform.”
Confirmed Leaders Positioned to Outline the Business
Eudia’s management workforce combines experience within the authorized, AI, and operational domains with a long time of expertise reworking industries:
- Omar Haroun, CEO: A serial entrepreneur with over a decade in Fortune 500 authorized know-how, beforehand main AI technique at Relativity, and founding Textual content IQ.
- Ashish Agrawal, CTO: A pioneering AI skilled who has held builder and management roles at Amazon, Apple, Google, and startups, together with Cresta.
- David Van Reyk , COO: Former Non-public Fairness investor at CVC Capital Companions, with expertise executing giant scale transformations and M&A.
Collectively, the workforce is constructing a first-of-its-kind platform that prioritizes belief and long-term influence for authorized departments.
Accelerating Development with Normal Catalyst
By partnering with Normal Catalyst on this funding spherical, Eudia is accelerating its speedy development trajectory. With entry to Normal Catalyst’s experience and community, Eudia goals to boost its product choices, increase its buyer base, and unlock new alternatives in how authorized groups function.
“Eudia represents the following technology of authorized —one which leverages AI responsibly and successfully to deal with the nuanced wants of in-house authorized groups,” stated Hemant Tenja, CEO and Managing Director of Normal Catalyst. “We’re excited to help Eudia as they redefine what is feasible for Chief Authorized Officers and their organizations utilizing utilized AI.”
As a part of this partnership, Eudia is dedicated to persevering with its observe file of delivering unparalleled worth to company authorized departments by serving to them streamline operations, execute world-class danger administration, and unlock their full potential.
“We see Eudia as taking a singular strategy to AI in authorized—unlocking not simply software program budgets, but additionally the far bigger authorized companies market the place inefficiencies run deep. By automating workflows, Eudia allows clients to save lots of on exterior authorized spend and drive effectivity good points internally, for instance as much as 98% in compliance evaluations,” stated Marc Bhargava, managing director at Normal Catalyst. “This isn’t solely software program enchancment —it’s work transformation, automating each software program and primary companies duties to in the end unencumber teammates to ship higher consumer outcomes by specializing in higher-value work.”
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