At a Glance
| Detail | Covenant | Eve |
|---|---|---|
| Category | GenAI & Drafting | GenAI & Drafting |
| Total raised | $4M | $164M |
| Rounds tracked | 1 | 3 |
| Latest round | Seed, $4M · Jul 2025 | Series B, $103M · Sep 2025 |
| Last valuation | Not disclosed | $1B |
| Lead investors | Flybridge Capital Partners | Spark Capital, Andreessen Horowitz, Lightspeed Venture Partners, Menlo Ventures |
| Built for | Not disclosed | Not disclosed |
| Headquarters | United States | United States |
Funding, Side by Side
Covenant rounds
- Jul 2025Seed$4M
Eve rounds
- Sep 2025Series B$103M
- Jan 2025Series A$47M
- Oct 2023Seed$14M
Our Take
We have not tested these two head to head yet. The numbers above come from public funding announcements. If you use either one, tell us what you found and it may become a Field Note.
Quick Answers
- Which has raised more, Covenant or Eve?
- Eve has raised $164M in disclosed funding, compared with $4M for Covenant.
- Do Covenant and Eve share investors?
- No. None of the investors we track have backed both companies.
- What is Covenant best for?
- AI legal review tools for private-market investors (LPA review, side letters, NDAs, MFN elections).
- What is Eve best for?
- Eve is an AI platform built to help plaintiff law firms through each phase of a case.
Source: Legal Tech Circle funding data, from public announcements. Updated November 12, 2026.