Eudia Secures $105M in Series A Funding Led by General Catalyst

Eudia, an AI startup focused on legal technology, has emerged from stealth mode with a Series A funding round of up to $105 million led by General Catalyst. The funding structure includes an immediate $30 million, with the remaining $75 million contingent on Eudia's ability to identify acquisition targets approved by General Catalyst. Eudia aims to enhance the efficiency of in-house legal teams in Fortune 500 companies by combining AI with human expertise, allowing them to proactively drive strategy and manage risk. The platform is designed to address the unique challenges faced by legal departments, such as reliance on outside counsel and the need for improved operational speed and accuracy. Eudia has already attracted clients like Cargill and DHL, showcasing its potential to unlock significant business value. This funding is part of General Catalyst’s broader initiative to bring AI tools to industries traditionally slow to adopt new technologies, including legal and accounting.