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LegalZoom.com, Inc.
Business Summary
LegalZoom.com Inc. is a privately-held company acting as an online legal document repository and assistance service. LegalZoom's online service helps people find and fill out legal documents, from wills, to filing to incorporate a business or form an LLC, trademarking a name, or filing for a divorce. LegalZoom revenues are derived from sales of its online services and document templates, typically ranging from $100 to several hundred dollars each. LegalZoom.com Inc. was founded in 2001. LegalZoom.com Inc. founders are Brian Liu, Brian Lee, Eddie Hartman, and Robert Shapiro. (LegalZoom.com co-founder attorney Robert Shapiro gained fame as a defense attorney for O.J. Simpson during Simpson's murder trial.)
Recent News, Updates, and Analysis
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Jul. 2012 PrivCo's exclusive interview with Gina Bauman, Director of Marketing at Institutional Venture Partners, and the venture capital firm's massive $1 billion VC fund raise. … Read More »
Overview & Corporate Organization
Basic Information
| Company Tags: | VC Backed |
| Year Founded: | 2001 |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Glendale |
| State/Province: | California |
| Country: | United States |
| Website: | www.legalzoom.com |
| Twitter: | http://www.twitter.com/twitter.com/LegalZoom |
| LinkedIn: | http://www.linkedin.com/company/legalzoom |
| Facebook: | http://www.facebook.com/LegalZoom |
Corporate Organization
| Founders: | Brian Lee Brian Liu Eddie Hartman Robert Shapiro |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Internet > Internet Services > Other Internet Services |
| Services > Legal Services > Other Legal Services |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Competitors
| Rocket Lawyer, Inc. |
| USLegalForms |
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Income Statement | 2011 | 2010 | 2009 | 2008 |
| Revenues | View | View | View | |
| Selling, General & Administrative Expenses | View | View | View | |
| Marketing/Advertising Expense | View | View | View | |
| Research & Development Expense | View | View | View | |
| Total Expenses | View | View | View | |
| Operating Income (Loss) | View | View | View | |
| Net Income (Loss) | View | View | View | |
| Cost of Services | View | View | View | |
| Balance Sheet | 2011 | 2010 | 2009 | 2008 |
| Cash and Cash Equivalents | View | View | ||
| Total Assets | View | View | ||
| Working Capital (Deficit) | View | View | ||
| Total Liabilities | View | View | ||
| Stockholders Equity | View | View | ||
| Cash Flow Statement | 2011 | 2010 | 2009 | 2008 |
| Cash Flow From Operating Activities | View | View | View | |
| Cash Flow From Investing Activities | View | View | View | |
| Cash Flow From Financing Activities | View | View | View | |
| Total Cash Flow (Net Change in Cash) | View | View | View | |
| Employee Figures | 2011 | 2010 | 2009 | 2008 |
| Total Employees | View | View | View | View |
| Productivity (Revenue/Employee) | View | View | View |
| Financial Notes: | |
| * | LegalZoom.com, Inc. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all LegalZoom.com, Inc. financials to Excel and create your own graphs.)
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Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Nov. 2006 | Completed | View1 | View | Joint Venture / Partnership Formed | View |
| Details | Sep. 2012 | Completed | View | View | Joint Venture / Partnership Formed | View |
| 1 | Web.com Group, Inc. and LegalZoom.com,...Read More → |
Full-length notes are available with Single Report Access or PrivCo Premium Subscription. |
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VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Apr. 2004 | Kayne Anderson Capital Advisors | Funding | Private Equity & Venture Capital | |
| Details | Total Round Funding $2,000,000 | |||
| Feb. 2007 | View | A | Venture Capital | |
| Feb. 2007 | View | A | Private Equity & Venture Capital | |
| Details | Total Round A1 View | |||
| Nov. 2011 | View | B | Private Equity & Venture Capital | |
| Nov. 2011 | View | B | Venture Capital | |
| Nov. 2011 | View | B | Other Investment Firm | |
| Nov. 2011 | View | B | Private Equity | |
| Details | Total Round B View | |||
| Total of Funding Shown Above View | ||||
| 1 | LegalZoom Inc. issued...Read More → |
Full-length notes are available with Single Report Access or PrivCo Premium Subscription. |
Missing a deal? Tell us about it! tips@privco.com
Public / Private History (PPH™)
| Date | Deal Type | Action | Resulting Status | Valuation | Amount Raised | Public Ticker | |
| Details | May. 2012 | View | View | View | View | View | View |
Detailed Business Description: LegalZoom.com, Inc.
LegalZoom is a privately-held company that provides online legal document services, legal plans, and advice to users.
Business Model
LegalZoom operates, an online platform that provides legal documents and services to customers. LegalZoom's customers consist mainly of individuals, entrepreneurs, and small businesses. As of 2011, the company had helped serve two million customers with their legal needs. LegalZoom separates itself from established law firms by offering easily accessible services at much lower prices.
LegalZoom generates revenue through the sale of subscriptions to users. Customers will pay $15 a month for personal advice or $30/month for business help and advice. With the higher level subscription, users have access to consultants and attorneys to discuss anything from employment law to incorporation.
LegalZoom takes advantage of its first mover advantage. The founders employed the services of famed attorney, Robert Shapiro, to give people customers and lawyers a… Continue Reading →
Exhibits
Supplemental Resources
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