Spotlight on: UpCounsel
Description
Operator of a legal platform intended for businesses to find and hire legal help solely based on their preferences. The company's platform provides free access to document collaboration software, a full-service billing platform to track income and quickly send invoices and receive payment, and free marketing opportunities for lawyers, enabling lawyers and clients to quickly connect, and seamlessly collaborate on documents and securely transact business.
Most Recent Financing Status
The company raised $3.9 million of equity crowdfunding in the form of SAFE Notes via Wefunder on December 10, 2021. Arora Project also participated in the round. Previously, the company raised an undisclosed amount of venture funding in the form of SAFE Notes from Arising Ventures on July 7, 2021. Prior to that, the company raised an undisclosed amount of Series 1 seed funding from PSR Law Firm (India) and PRMM USA on June 1, 2021.
HQ Location: Las Vegas, NV
Employees: 38
Total Raised: $25.45M
Post Valuation: $46.73M
Growth Rate: 0.15% (91st Percentile)
Size Multiple: 559x Median (100th Percentile)
Institutional Investors (Active):
To learn more about UpCounsel, visit their website or follow them on LinkedIn and Twitter.
Source: Pitchbook, April 2023
Published April 25, 2023.
