Looking to sell EvenUp stock or options?
EvenUp develops legal practice management software aimed at ensuring fair trials and outcomes in personal injury cases. The company's platform leverages machine learning and artificial intelligence to accurately assess the value of a lawsuit and provides funding for cases, repayable only upon winning. This enables plaintiffs to avoid premature settlements and crippling debts while equipping attorneys with data for principled settlement negotiations.
Gokul Rajaram, Bain Capital Ventures, Scott Belsky, DCM Ventures, Premji Invest (US), Exponent Founders Capital, Clio, Premji Invest, N49P, Allison Pickens Ventures, SignalFire, Lightspeed Venture Partners, Crossbeam Venture Partners, Bessemer Venture Partners, Tribe Capital, B Capital Group, Adam Spector, NFX, WndrCo, 10X Capital.
EvenUp is currently a private company. This means that the company is not listed on any public exchange and so there is no public market for its stock. However, there may still be ways to monetize EvenUp stock. Depending on EvenUp’s policies, you may be able to: (1) find a private buyer in the secondary market to purchase your stock, (2) borrow against your stock, or (3) exchange EvenUp stock into the Collective Exchange Fund for a limited partnership interest and then borrow non-recourse against your interest to generate immediate cash. This last alternative can be much quicker and net you more after-tax cash than your other options. An exchange into our fund also reduces your risk by diversifying your holdings out of an over-concentrated position.
Collective Liquidity can provide liquidity to shareholders of EvenUp stock in two ways. First, EvenUp employees can exchange shares into the Collective Exchange Fund and then borrow non-recourse to generate immediate cash. This can net you more after-tax cash than a stock sale. It also reduces your risk by diversifying your holdings out of an over-concentrated position. In some cases, Collective may also be able to purchase your EvenUp stock. Note that all transactions in EvenUp shares are subject to the company’s policies regarding secondary transactions. Schedule a call with a Collective Liquidity representative to learn more about your private market liquidity alternatives.
EvenUp stock is not listed on any public exchange and so there is no public market for its shares. Therefore, there is no single, centralized price for EvenUp stock. Typically, shares of private companies like EvenUp are set with buyers in one off negotiations. Collective Liquidity, however, uses a proprietary algorithm to determine its bids so we almost always have an immediately actionable price for you.
On Oct 2024, EvenUp is reported to have closed an equity financing in which the investors valued the company at $1.03B. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of EvenUp shares outstanding assuming the conversion of all stock options, warrants, etc.
Tickers are used to identify company’s shares on public markets like the NYSE or Nasdaq. Because EvenUp is not currently publicly traded, it does not have a ticker symbol.
EvenUp has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though EvenUp is a well-known, successful company, there can be no assurance that it will ever go public or be sold. Because of the risk this imposes on EvenUp shareholders, many investors elect to gain liquidity for at least some of their shares before the IPO. Schedule a call with a Collective Liquidity representative to discuss your private market liquidity alternatives.