Online Legal Services Platform Rocket Lawyer Raises $15 Million

Posted: May 14, 2013 in GT

Online legal services platform Rocket Lawyer has
raised another $15 million in new funding, we’ve
confirmed with the company. We’re told that the
funding was raised from a “strategic investor,” who is
not being named at this time. Rocket Lawyer
previously raised $40 million in capital from August Capital, Google Ventures and Investor Growth Capital
(IGC). For background, Rocket Lawyer provides legal
documents to consumers and small businesses, and
allows consumers to find and reach lawyers as well.
Earlier this year, Founder Charley Moore told us that
the company is growing revenue by $20 million each
year. Last year, rival LegalZoom sued the company over
false and misleading advertising, trademark
infringement and unfair competition. Rocket Lawyer
has since counter sued LegalZoom (and we’re told
some of the charges have been dropped). Rocket Lawyer is looking to expand beyond just
offering documents–the company just bought legal
Q&A site LawPivot. While its unclear what the new
funding will be used for, it should be interesting to see
if Rocket Lawyer makes any new acquisitions in the
near future.


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