Everlaw

Everlaw is a cloud-native ediscovery and litigation technology company founded in 2010 by AJ Shankar, a computer scientist who encountered the mechanics of document review while consulting for a law firm. The company is headquartered in Oakland, California, and remains privately held and venture-backed rather than part of a larger legal information group.

Everlaw built its platform in-house rather than acquiring its way into the market, scaling through successive venture rounds that culminated in a $202 million Series D led by TPG Growth in 2021 and a valuation above $2 billion. Earlier rounds brought in Andreessen Horowitz, CapitalG and Menlo Ventures. Since 2023 the company has directed engineering toward generative AI review and investigation features, and it has opened offices in New York, Washington DC and London.

Everlaw at a glance:

• Founded: Founded in 2010 by AJ Shankar, a computer scientist who built the first version of the platform after consulting on litigation document review.
• Headquarters: Headquartered in Oakland, California, with additional offices in New York, Washington DC and London serving government and enterprise clients.
• Ownership: Privately held and venture-backed, with investment from TPG Growth, Andreessen Horowitz, CapitalG and Menlo Ventures; no acquirer or parent company.
• Legal Technology Portfolio: Sells a single platform, Everlaw, covering ediscovery, early case assessment, legal holds, investigations, public records requests and trial preparation.
• Market Focus: Serves large corporate legal departments, Am Law firms and federal, state and local government bodies, concentrated in the United States and the United Kingdom.

What legal teams should know: Everlaw suits departments that want to run discovery and investigations in-house rather than routing everything to outside counsel or a service provider. Commercial terms are subscription and data-volume based, so volume forecasting matters at contract stage. The company is independent and heavily funded, though late-stage venture ownership makes an eventual sale or listing a live possibility.