KO Client Eudia Secures up to $105M in Series A Funding

KO client Eudia, a groundbreaking augmented intelligence platform tailored to the unique needs of in-house legal departments, has emerged from operating in stealth for the past 18 months to announce its name, mission, platform, and the closing of its Series A funding round for up to $105 million.

KO partner Jon Taylor and attorney Logan DeSouza represented Eudia in the financing, which was 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.

Eudia combines its best-in-class AI platform with expert humans-in-the-loop, and its solutions are already being used by CLOs of leading organizations and some of the world’s most prominent Fortune 500 companies, including Cargill, DHL, Duracell, and Coherent. The financing will accelerate Eudia’s rapid growth trajectory, and the company aims to enhance its product offerings, expand its customer base, and unlock new opportunities in how legal teams operate, according to the announcement.

“Visionary Chief Legal Officers (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, in the announcement. “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.”

“Jon Taylor and Logan DeSouza at KO Law helped guide us through our Series A financing with their deep venture capital expertise and top-tier legal representation,” said David Van Reyk, Chief Operating Officer at Eudia. “KO’s strategic approach streamlined the financing process, enabling us to secure this game-changing investment from General Catalyst efficiently and successfully.”

Read more about this significant financing from General Catalyst and in Bloomberg. Follow along with Eudia’s journey here.