Head over to our on-demand library to view sessions from VB Transform 2023. Register Here
Online legal document repository LegalZoom has raised $66 million in its most recent round of funding.
LegalZoom is an online service that helps people find and fill out legal documents. That can include documents to create a last will and testament, filing to incorporate a business, trademarking a name or title or filing for a divorce. The documents range anywhere from $100 to $400, according to the company’s website. LegalZoom is not a law firm — it just supplies the documents. That means the site won’t offer any kind of legal advice.
The funding announced today comes from Kleiner Perkins Caufield & Byers and Institutional Venture Partners
The company told VentureBeat earlier this year that it planned to raise money and had added Kleiner Perkins Caufield & Byers and Institutional Venture Partners as investors.
LegalZoom relocated its offices from Hollywood to Glendale after a spat with the city of Los Angeles regarding taxes. Sources within the company told VentureBeat the company was preparing to go public in February earlier this year.
The Los Angeles, Calif.-based company was founded in 2001. LegalZoom raised $2 million in what looks like an early seed funding round and about $46 million in an institutional funding round that included Polaris Venture Partners and Kayne Anderson Private Investors. The company says it has more than 500 employees and has served more than 1 million customers.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Discover our Briefings.
