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- Enter
Enter Revenue, Valuation, Funding & Investors
Enter is valued at $1.2B as of May 2026.
Last Enter valuation
$1.2B
Series B · May 2026
Last Enter funding round
$100M
Series B · May 2026
Enter revenue
$10M
Series B · May 2026
Key investors in Enter
Sequoia Capital
Founders Fund
ONEVC
Atlantico
Ribbit Capital
Kaszek
About Enter
Enter is a generative AI platform designed for the legal sector, emphasizing global security and privacy standards. Headquartered in Tel Aviv, it integrates large language models to streamline legal workflows like research, drafting, and case management. Enter complies with GDPR, HIPAA, and SOC 2 certifications, serving enterprises in Europe and the US. Founded in 2023, the platform powers over 50 law firms with features for secure document collaboration.
Founded
2023
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$10M (May 2026)
Valuation
$1.2B (May 2026)
Enter Valuation
Enter is currently valued at $1.2B, based on its Series B in May 2026.
The $100M round was led by Founders Fund, with participation from Kaszek, ONEVC, Atlantico, Ribbit Capital and Sequoia Capital.
Enter's valuation has grown 3.4x from $350M at its seed round in March 2025 to $1.2B in May 2026, across 3 priced rounds.
Enter valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| May 2026 | Series B | $1.2B | 120.0x |
| Sep 2025 | Series A | $350M | - |
| Mar 2025 | Seed | $350M | 35.0x |
Enter Revenue
Enter's latest recorded revenue is $10M, as of its Series B in May 2026.
Revenue moved from $10M in March 2025 to $10M in May 2026.
Enter revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| May 2026 | $10M | $1.2B | 120.0x | Series B |
| Mar 2025 | $10M | $350M | 35.0x | Seed |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Enter Funding History
Enter has raised a total of $141M across 3 funding rounds.
Enter's first fundraising round was a $6M seed round in March 2025. The most recent completed round was a $100M Series B in May 2026.
Enter funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2026 | Series B | Founders Fund (lead); Kaszek; ONEVC; Atlantico; Ribbit Capital; Sequoia Capital | $100M | $1.2B | - |
| Sep 2025 | Series A | Founders Fund (lead); Sequoia Capital (lead); ONEVC; Atlantico | $35M | $350M | Enter, a São Paulo-based legal-tech startup founded in 2023 by Mateus Costa-Ribeiro, Michael Mac-Vicar, and Henrique Vaz, develops an AI-powered platform that analyzes lawsuits, reviews case data, and generates ready-to-file legal defenses for major companies facing high-volume consumer litigation in Brazil and Latin America. The company combines AI efficiency with human expertise to optimize labor-intensive legal processes, serving clients like Nubank, C6, SulAmerica, BMG, Agibank, Vivo, Light, Mercado Libre, Magazine Luiza, Santander, Itaú, and Banco Mercantil, managing about 30% of consumer lawsuits for its clients with annual contracts averaging $750K. In its Series A round in 2025, co-led by Founders Fund and Sequoia Capital with participation from ONEVC and Atlantico, Enter raised $35 million (R$200 million), achieving a post-money valuation of R$2 billion ($350 million). This marked the largest funding for a native AI startup in Brazil and the first joint investment by Founders Fund and Sequoia in the country since Nubank. The round followed a $5.5 million seed in March 2025 led by Sequoia, their first Brazil investment in 12 years. Enter plans to use the Series A proceeds to scale operations, expand its enterprise client base to 15 publicly listed companies, and bolster engineering, sales, and AI deployment teams. The founders bring elite credentials: Costa-Ribeiro is a Harvard LL.M. lawyer and youngest to argue before Brazil's Supreme Court; Mac-Vicar was CTO at gaming unicorn Wildlife Studios; Vaz has product experience at Tesla and Wildlife. The investment underscores rebounding VC interest in Brazilian AI amid a massive litigation market, positioning Enter at the intersection of generative AI and legal tech in Latin America. |
| Mar 2025 | Seed | Sequoia Capital (lead) | $6M | $350M | Enter is a São Paulo-based legal tech startup founded in 2023 by Mateus Costa-Ribeiro, Michael Mac-Vicar, and Henrique Vaz. The company develops an AI platform that automates litigation management for enterprises, handling case intake, fraud detection, settlement recommendations, defense drafting, and ruling interpretation. Its clients include major Brazilian banks like Itaú and Santander, retailers such as Magazine Luiza and Mercado Libre, and others like Nubank and Airbnb. Enter serves 15 publicly listed companies, managing about 30% of their consumer lawsuits with annual contracts averaging $750K or R$4M. In its Series A round in September 2025, Enter raised $35 million (R$200 million), co-led by Founders Fund and Sequoia Capital, with participation from ONEVC and Atlantico. The post-money valuation reached $350 million (R$2 billion), marking the largest funding for a native AI startup in Brazil and the first joint investment by Founders Fund and Sequoia in the country since Nubank. This followed a prior round in March 2025. Enter demonstrated rapid growth with annual recurring revenue increasing from $1 million to $10 million in one year, according to the Wall Street Journal. Contracts with its 15 public clients suggest approximately R$60 million in annual revenue from that segment alone. The company expects to process 250,000 lawsuits in 2025. Funds will expand the platform to complex labor disputes, enhance predictive AI, scale enterprise solutions across Latin America, and bolster engineering, sales, and AI teams. |
Who has invested in Enter?
6 investors have backed Enter across its funding rounds, including Sequoia Capital, Founders Fund, ONEVC, Atlantico, Ribbit Capital and Kaszek.
Lead investors include Founders Fund and Sequoia Capital.
Enter Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Mar 2025 | ||
| 2 | Participant | Sep 2025 | ||
| 2 | Participant | Sep 2025 | ||
| 2 | Lead | Sep 2025 | ||
This data is available for Pro users. Sign up to see all 6 Enter investors. Start Free Trial | ||||
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Start Free TrialEnter Competitors
Enter competitors include listed companies like CS Disco and Shenzhen Sunwin, and private ones like Valsoft, Fieldguide, Vention and I-care Group.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $2B | - | ||
| Private | - | - | $700M | - | ||
| Publicly listed | $157M | ($44M) | $273M | 1.0x | ||
| Private | $73M | - | $1.2B | 16.4x | ||
| Private | $115M | - | $1.2B | 10.2x | ||
| Publicly listed | $20M | ($147M) | $687M | - |
Enter Public Comps
Enter is still privately-owned, but its public comps include ZoomInfo, Braiin, Fractal Analytics, BigBear.ai, iFLYHealth, ODDITY Tech, Shenzhen Ysstech Info, Beijing Haitian Ruisheng, Beijing Deep Glint Tech and Shenzhen Sunwin.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.2B | $326M | 2.0x | 2.1x | 7.8x | 5.1x | |||
| $73M | ($15M) | 15.8x | 13.0x | (76.1x) | 89.6x | |||
| $344M | $50M | 3.7x | 3.4x | 25.8x | 21.0x | |||
| $128M | ($295M) | 8.3x | 7.6x | (3.6x) | (27.8x) | |||
| $136M | ($7M) | 7.7x | 6.2x | (150.8x) | (144172.5x) | |||
| $810M | $131M | 1.5x | 1.8x | 9.6x | 18.3x | |||
| $205M | $4M | 7.2x | - | 378.8x | - | |||
| $56M | $5M | 13.8x | 14.0x | 160.9x | - | |||
This data is available for Pro users. Sign up to see all Enter competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Enter
| When was Enter founded? | Enter was founded in 2023. |
| Where is Enter headquartered? | Enter is headquartered in São Paulo, Brazil. |
| Is Enter publicly listed? | No, Enter is a private, VC-backed company. |
| What is Enter's valuation? | Enter was last valued at $1.2B in its Series B in May 2026. |
| How much funding has Enter raised? | Enter has raised $141M across 3 funding rounds. |
| What was Enter's last funding round? | Enter's last funding round was a $100M Series B in May 2026, led by Founders Fund. |
| Who are Enter's investors? | Enter's investors include Sequoia Capital, ONEVC, Atlantico, Founders Fund, Kaszek and Ribbit Capital. |
| What is Enter's revenue? | Enter's latest recorded revenue is $10M (May 2026). |
| Which companies are comparable to Enter? | Companies comparable to Enter include Valsoft, Fieldguide, CS Disco, Vention, I-care Group and Shenzhen Sunwin. |
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