Eudia Secures up to $105M in Series A Funding, Led by General Catalyst, to Transform Legal Work Through AI-Powered Augmented Intelligence

PALO ALTO, Calif., Feb. 13, 2025 /PRNewswire/ -- Eudia, a groundbreaking Augmented Intelligence platform for Fortune 500 legal teams, today announced the close of its Series A funding round for up to $105 million, led by General Catalyst with participation from Floodgate, Sierra Ventures, Hakluyt Capital, Defy, Everywhere Ventures, B3 Capital, Backbone, Firsthand, as well as prolific angel investors Gokul Rajaram, Chris Re, Andrew Sieja, Mike Gamson, and Scott Belsky.

In tandem, Eudia unveiled its name, mission, and platform to the public after operating in stealth for the past 18 months. As an Augmented Intelligence platform tailored to the unique needs of in-house legal departments, Eudia is reimagining how legal teams operate—providing agentic capabilities that augment human expertise, optimize risk, and unlock significant business value.

A Vision for the Future of Legal Leadership
The legal industry faces a unique challenge: balancing the growing demand to support businesses at unprecedented speeds while maintaining an uncompromising approach to risk management. In-house legal teams are overwhelmed, relying on expensive outside counsel tied to outdated billable-hour models, while current AI tools risk accuracy, privacy, IP, and security.

Eudia believes in a future where legal leaders transcend these limitations. The company's Augmented Intelligence Platform empowers legal departments to own their institutional knowledge, harness it through AI, and supercharge their in-house lawyers. By blending AI with human expertise, Eudia enables Chief Legal Officers (CLOs) to go beyond problem solving—proactively driving company strategy, strengthening risk management, and capturing untapped value for their business.

"Visionary CLOs see AI's potential but understand they cannot compromise on trust, accuracy, or a deep understanding of their organization's unique context," said Omar Haroun, Co-Founder and CEO of Eudia. "Eudia combines a proprietary Augmented Intelligence platform with human expertise to supercharge legal professionals, helping organizations scale efficiently, mitigate risk effectively, and unlock billions in unrealized business value."

Rapid Adoption by Industry Leaders
Already trusted by leading organizations, Eudia's solutions are being used by the CLOs of some of the world's most prominent Fortune 500 companies, including Cargill, DHL, Duracell, and Coherent.

"Eudia is not a software provider, it is the future of our department. Eudia is headcount I don't have to hire, it's enterprise risk reduction in that it helps us understand the legal data we already have. It's a major part of our transformation story. The team has earned my trust over the past 18 months, delivered significant ROI, and enabled my legal team to act as a real strategic partner to the business, by building an AI brain that delivers information and insights that were previously inaccessible or cost-prohibitive," said Rob Beard, Chief Legal Officer of Coherent.

Similarly, Mark Smolik, Chief Legal Officer of DHL Supply Chain Americas, shared: "As a team we spend a great deal of time evaluating and implementing new and creative ways to drive innovation in our department. Of the many tools we've evaluated, Eudia stands out as highly differentiated, by building AI agents that are designed for the real needs of corporate legal departments. The team have earned my trust with every interaction, and I'm thrilled to have access to Eudia's Augmented Intelligence platform."

Proven Leaders Positioned to Define the Industry
Eudia's leadership team combines expertise in the legal, AI, and operational domains with decades of experience transforming industries:

• Omar Haroun, CEO: A serial entrepreneur with over a decade in Fortune 500 legal technology, previously leading AI strategy at Relativity, and founding Text IQ.
• Ashish Agrawal, CTO: A pioneering AI expert who has held builder and leadership roles at Amazon, Apple, Google, and startups, including Cresta.
• David Van Reyk , COO: Former Private Equity investor at CVC Capital Partners, with experience executing large scale transformations and M&A.

Together, the team is building a first-of-its-kind platform that prioritizes trust and long-term impact for legal departments.

Accelerating Growth with General Catalyst
By partnering with General Catalyst in this investment round, Eudia is accelerating its rapid growth trajectory. With access to General Catalyst's expertise and network, Eudia aims to enhance its product offerings, expand its customer base, and unlock new opportunities in how legal teams operate.

"Eudia represents the next generation of legal —one that leverages AI responsibly and effectively to address the nuanced needs of in-house legal teams," said Hemant Tenja, CEO and Managing Director of General Catalyst. "We're excited to support Eudia as they redefine what is possible for Chief Legal Officers and their organizations using applied AI."

As part of this partnership, Eudia is committed to continuing its track record of delivering unparalleled value to corporate legal departments by helping them streamline operations, execute world-class risk management, and unlock their full potential.

"We see Eudia as taking a unique approach to AI in legal—unlocking not just software budgets, but also the far larger legal services market where inefficiencies run deep. By automating workflows, Eudia enables customers to save on external legal spend and drive efficiency gains internally, for example up to 98% in compliance reviews," said Marc Bhargava, managing director at General Catalyst. "This isn't only software improvement —it's work transformation, automating both software and basic services tasks to ultimately free up teammates to deliver better client outcomes by focusing on higher-value work."

About Eudia
Eudia is transforming the role of legal departments in Fortune 500 companies with its Augmented Intelligence Platform. By combining the power of a best-in-class AI platform with expert humans-in-the-loop, Eudia eliminates routine work, illuminates previously unseen insights, and empowers legal teams to deliver measurable business value. Eudia's approach helps Chief Legal Officers efficiently scale operations, mitigate risk, optimize external counsel spend, and free their teams from the 'toil' of menial legal tasks.  Eudia enables legal departments to become strategic partners to the businesses they support. Headquartered in Palo Alto, CA, Eudia is backed by General Catalyst and trusted by some of the world's largest organizations. To learn more, visit www.eudia.com.

SOURCE Eudia