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Home » AI » Rami Karabibar Net Worth – CEO and Co-founder of EvenUp

Rami Karabibar Net Worth – CEO and Co-founder of EvenUp

Rami Karabibar is an entrepreneur, computer and electric engineer, who co-founded and serves as the CEO of the legal artificial intelligence startup, EvenUp.

saumya-sumu by Saumya Sumu
Saturday, 12 October 2024, 3:28 AM
in AI
Rami Karabibar’s Net Worth

Rami Karabibar’s Net Worth

Rami Karabibar is an entrepreneur, computer and electric engineer, who co-founded the legal artificial intelligence startup, EvenUp. He founded the company in 2019 with Raymond Mieszaniec (Chief Operations Officer) and Saam Mashhad (Chief of Product & Legal Operations), and serves as its chief executive officer (CEO). 

EvenUp is a legal tech startup that uses AI to assist personal injury law firms in managing cases more efficiently. Their platform is designed to empower lawyers and clients to achieve better outcomes through data-driven tools. EvenUp focuses on several key areas, including drafting AI-generated demand letters, medical chronologies, case preparation, and negotiation insights.

In October 2024, EvenUp’s valuation crossed $1 billion. 

“A big reason why we called ourselves EvenUp to begin with, is we want to make sure that these cases are won based on their merit and not on the opacity of the space or on, again, how overworked a paralegal might be in the document review phase of what we talked about before.”

–Rami Karabibar

Rami Karabibar’s Personal Stats and Other Details
ResidenceSan Francisco Bay Area, California, United States
CitizenshipUnited States (Presumably)
Marital StatusUndisclosed 
ChildrenUndisclosed 
EducationMcGill University, Bachelor of Engineering in Electrical and Computer Engineering
Current Net Worth and Salary (2024)Unknown 
CompaniesEvenUp 
AchievementsCo-founder and CEO of EvenUp, a billion-dollar legal AI startup

This article will look into Rami Karabibar’s net worth, education, career, and more. 

Rami Karabibar’s Net Worth

Unfortunately, there is no credible information available on Rami Karabibar’s net worth. We will update this section as soon as we come across any data on his wealth. 

However, it is worth noting that Karabibar is the co-founder and CEO of a billion-dollar valued startup. Given the success of EvenUp, we can safely assume that his net worth is substantial.

Education

Rami Karabibar first pursued a Bachelor of Engineering in Electrical and Computer Engineering at McGill University. As part of this program, he was an Honours Electrical Engineering candidate, demonstrating a strong academic focus in one of the most rigorous fields at the university.

Following his engineering studies, Karabibar transitioned to the Bachelor of Commerce program, with Honours in Investment Management at McGill University. This shift from engineering to commerce highlights his diverse skill set. 

He was selected for the Honours Program, a highly competitive initiative within the faculty, accepting less than 5% of intra-faculty applicants. His overall performance in the Bachelor of Commerce was exceptional, placing him in the 95th percentile of his class. This achievement was notable given the program’s competitive nature, where only 3% of inter-faculty applicants were admitted.

Career

Rami Karabibar’s professional journey began with a role as a Private Equity Summer Analyst at Ulysses Management LLC in the Greater New York City Area in 2013. This early experience provided him with foundational exposure to the private equity sector, albeit for a brief period of less than a year.

From 2013 to 2014, he took on a similar role as a private equity summer analyst at Birch Hill Equity Partners in Toronto, Canada. This position allowed him to deepen his understanding of private equity by working within one of Canada’s leading private equity firms.

From 2014 to 2015, Karabibar shifted to management consulting at Bain & Company. Over the course of a year, he honed his skills in strategic problem-solving and business analysis, contributing to various consulting projects.

Following his time at Bain, he embraced a more versatile role as a Startup Generalist at Zoomer from 2015 to 2016 in the San Francisco Bay Area. This position involved working across different operational areas in a fast-paced startup environment.

Between 2016 and 2018, Karabibar returned to the investment world, serving as a Tech Growth Investor at Warburg Pincus LLC, also in the San Francisco Bay Area. In this role, he focused on technology-driven growth investments, providing valuable insights and support to expanding tech companies.

In 2018, Karabibar joined Waymo as an Investor & Corporate Development professional, a position he held for two years until 2020. This role allowed him to contribute to the corporate strategy and investment activities of one of the leading autonomous vehicle companies.

Finally, in 2020, he co-founded EvenUp, a legal AI startup focused on personal injury law. As the CEO, he has led the company for over four years, building an AI-powered platform that aids law firms in personal injury case management. 

Julie Sweet Net Worth, Accenture CEO

Latest Updates

EvenUp has recently raised $135 million in a Series D funding round led by Bain Capital Ventures, bringing its valuation to over $1 billion. Other investors in this round include Premji Invest, Lightspeed Venture Partners, Bessemer Venture Partners, SignalFire, and B Capital Group. 

“Many law firms are stretched thin, which is why they need technology to scale their top performers. This is especially critical in personal injury law firms, where attorneys often manage over 100 clients a year,” Karabibar said. 

FREQUENTLY ASKED QUESTIONS

Who is the CEO of EvenUp?

The chief executive officer (CEO) of EvenUp is Rami Karabibar. Karabibar founded the company in 2019 with Raymond Mieszaniec (Chief Operations Officer) and Saam Mashhad (Chief of Product & Legal Operations). 

What does the company EvenUp do?

EvenUp is a legal tech startup that uses AI to assist personal injury law firms in managing cases more efficiently. Their platform closes the justice gap by empowering lawyers and clients to achieve better outcomes through data-driven tools.

Is EvenUp a billion-dollar startup?

Yes, EvenUp was recently valued to be worth around $1 billion. The legal AI startup raised $135 million in a Series D funding round led by Bain Capital Ventures, bringing its valuation to be over a billion dollars. 

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Saumya is a tech enthusiast diving deep into new-age technology, especially artificial intelligence (AI), machine learning (ML), and gaming. She is passionate about decoding the complexities and uses of new-age tech. She is on a mission to write articles that bridge the gap between technical jargon and everyday understanding. Previously, she worked as a Content Executive at one of India's leading educational platforms.

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