Madheswaran: EvenUp relied on offshore labor before layering in AI
Jay Madheswaran · How I grew to $3M ARR in 6 months—& to a $1B valuation in 2 years. | Jay, Founder of Eve Legal · PMF Show · Feb 10, 2026 · at 32:27
Jay Madheswaran is the founder and CEO of legal AI startup Eve. He is contrasting Eve's AI-native product with competitor EvenUp.
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“Versus even for the time was kind of done by offshore human labor on two very specific tasks. And they're now layering in AI.”
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“And now Eve actually literally talks to the client, which is kind of cool, you know, helps get them signed and qualifies them without violating any laws. Like you can't accidentally do unauthorized practice of law.”
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“And you have to take that and convert that into those hundred bespoke workflows. Which was economically unfeasible before LLMs, but with LLMs, we saw that we were actually able to go deep into the workflows, and as a result, provide more value for the firms, a…”