About LegalZoom
LegalZoom provides online legal services to individuals, families, and small businesses across the United States. Its platform allows clients to create legal documents, form businesses, and receive legal advice without needing to visit a lawyer's office. Services include business formation, estate planning, and intellectual property protection. LegalZoom operates on a flat-rate fee model, offering predictable pricing that appeals to its clients. The company also partners with independent attorneys for consultations, enhancing the services provided. LegalZoom's goal is to make legal processes more accessible and affordable, having already assisted over 2 million businesses and created 3.5 million estate planning documents.
Glendale, CaliforniaHeadquarters
2001Year Founded
$108MTotal Funding
IPOCompany Stage
LegalIndustries
1,001-5,000Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Paid Time Off
Health Savings Account/Flexible Spending Account
Short-Term/Long-Term Disability Insurance
Fertility Treatment Support
Mental Health Support
Wellness Program
Risks
CEO departure and stock price drop indicate potential leadership instability.
Lowered revenue expectations suggest financial challenges for LegalZoom.
Ongoing shareholder investigations could lead to costly legal battles.
Differentiation
LegalZoom offers flat-rate fees, eliminating uncertainty in legal costs.
The company provides online legal services accessible across all 50 states.
LegalZoom partners with independent attorneys for consultations, enhancing service value.
Upsides
Growing demand for online legal services boosts LegalZoom's market potential.
Shift towards subscription revenue provides LegalZoom with a predictable income stream.
Increased need for IP protection drives demand for LegalZoom's services.
Funding
Total raised$107.97 M
Latest valuation$2.00 B
StageIPO
POST IPO SECONDARY
8/31/2023$140
SECONDARY
7/31/2018$500
$2.00 BSERIES B
6/30/2011$66
$330.00 MSERIES A
2/28/2007$45
$225.00 M