Eudia (company)

Last updated
Eudia
Industry software
Founded2023
FounderOmar Haroun, Ashish Agrawal, and David Van Reyk
Headquarters Palo Alto, California

Eudia is an American legal technology company founded in 2023. The company develops software that uses artificial intelligence to assist corporate legal departments. [1] [2] [3]

Contents

History

Eudia was founded in 2023 by Omar Haroun, [4] Ashish Agrawal, and David Van Reyk. [1]

In February 2025, the company raised up to $105 million in a Series A funding round led by General Catalyst, with participation from Floodgate and Sierra Ventures. Part of the funding was contingent on future acquisitions. [5]

In July 2025, Eudia announced the acquisition of Johnson Hana, an alternative legal services provider (ALSP) based in Dublin. [6]

In October 2025, Eudia acquired Out-House, another alternative legal services provider (ALSP) founded in 2020 and based out of Maryland, USA. [7]

Technology and Services

Eudia’s core product is a "Company Brain" that captures and digitizes a corporation's institutional legal knowledge. By ingesting historical contracts, templates, and internal playbooks, the platform allows AI agents to perform multi-step reasoning tasks, such as redlining contracts and conducting M&A due diligence. The company claims its technology can reduce the time required for complex contract reviews from several hours to minutes. Its client roster includes several Fortune 500 companies and government entities, such as DHL, Cargill, and the U.S. Federal Government. [8]

Eudia Counsel

In June 2025, the Arizona Supreme Court approved the formation of Eudia Counsel, a law firm jointly owned by Eudia and licensed lawyers under Arizona’s Alternative Business Structure (ABS) program. [9] [10] [11]

The firm provides services in areas including contracting and mergers and acquisitions due diligence. Eudia Counsel operates on a fixed-fee basis rather than the traditional billable hour, specifically targeting corporate legal tasks like commercial contracting and regulatory compliance. The firm is supported by an advisory board of former General Counsel from major organizations, including Progressive and the Royal Bank of Canada, who oversee the ethical integration of AI into legal practice. [12]

References

  1. 1 2 Merken, Sara; Merken, Sara (2025-09-03). "Legal AI startup Eudia opens law firm under Arizona program". Reuters. Retrieved 2025-09-08.
  2. Zaveri, Paayal (February 13, 2025). "Legal AI Startup Eudia Gets $105 Million to Grow, Go Shopping". Bloomberg.
  3. Melton, Melia (2025). "A legal tech funding frenzy sparked in 2025 with these 7 notable deals". Business Insider. Retrieved 2025-12-24.
  4. Burba, Annabel (2025-06-06). "How Surfing Helps This Serial Entrepreneur Thrive". Inc. Archived from the original on 2025-06-07. Retrieved 2025-09-08.
  5. "Legal AI startup Eudia launches with $105M to bring AI agents to legal teams". SiliconANGLE. 2025-02-14. Retrieved 2025-09-08.
  6. Russell, Melia. "Big Law is losing its young, ambitious talent to the startup world". Business Insider. Retrieved 2025-09-08.
  7. Sherman, Ella (October 22, 2025). "Legal Tech Startup Eudia Acquires ALSP Out-House". Law.com. Archived from the original on October 24, 2025.
  8. Szkutak, Rebecca (2025-11-26). "Here are the 49 US AI startups that have raised $100M or more in 2025". TechCrunch. Retrieved 2025-12-24.
  9. Russell, Melia. "General Catalyst gave a legal tech startup $75 million to go company shopping. It just made its first purchase". Business Insider. Retrieved 2025-09-08.
  10. Editors, Law Fuel (2025-09-06). "Meet the $105M AI Startup Betting on A Legal Revolution With An AI Law Firm Meet the $105M AI Startup Betting on A Legal Revolution With An AI Law Firm -" . Retrieved 2025-12-24.{{cite web}}: |last= has generic name (help)
  11. Blackwell, Corey (2025-10-23). "Eudia's Out-House Buy Boosts AI Legal Tech for Fortune 500". WebProNews. Retrieved 2025-12-24.
  12. Lichtenberg, Nick. "Meet the $100m AI startup that wants to kill the billable hour: 'Most legal departments have lost control of their budgets and their knowledge'". Fortune. Retrieved 2025-09-08.