Deals

Do-it-yourself legal site Rocket Lawyer raises $10.8M

Just five months after raising $18.5 million, online legal services provider Rocket Lawyer has added $10.8 million in funding to its bank account, according to an SEC filing VentureBeat uncovered today.

“This is a combined Series D financing of $18.5M from August Capital, Google Ventures and Investor Growth Capital plus the $10.7 M investment from the new investor, Industry Ventures, for a total of $29.2M,” a company representative told VentureBeat in an email statement.

Founded in August 2008, San Francisco-based Rocket Lawyer aims to make legal services accessible and affordable for all. The site supports common do-it-yourself small business and consumer legal needs such as wills, property titles and business contracts, and also offers legal advice from local attorneys for a fee.

The three year-old startup, according to a new Form D filed Tuesday by CEO Daniel Nye, closed $10.79 million in December 2011 from a single investor (Industry Ventures) in a $10.84 million equity round. The new money brings Rocket Lawyer’s total funding to roughly $40 million.

The fast-growing legal site doubled its visitor numbers between September 2010 and September 2011 and is said to be used by more than 15 million people and several thousand businesses each year. It competes with Legal Zoom and USLegalForms.

This post was updated with a statement from Rocket Lawyer confirming the additional funding.

[Image courtesy of Julia Manzerova/Flickr]