# Avvo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/avvo

- Industry: Internet
- Headquarters: Seattle, US
- Website: www.avvo.com/
- Total disclosed funding: $116M
- Latest round: Series E (Jul 22, 2015)
- Investors on record: 6

## About

Avvo Inc., based in the US, operates as a legal technology firm that connects individuals seeking legal advice with a network of attorneys, facilitating access to legal resources through its digital platform.Avvo Inc. is a legal services platform that allows users to seek legal advice from attorneys. Founded in 2006 and headquartered in Seattle, US, the company has undergone strategic developments to enhance its offerings. The company has secured a total of USD 56.79 mn across multiple funding rounds, with the latest being a SERIES E round led by TCV in January 2018. The firm has completed 7 investment deals to date. The founder's prior entrepreneurial endeavors are not specified in available resources.Avvo.com primarily offers a digital platform that connects individuals seeking legal advice with a network of attorneys. The core product enables users to post legal questions anonymously, receiving responses from experienced lawyers within hours. This service addresses a wide range of legal issues, including bankruptcy, divorce, criminal defense, and estate planning. Since its launch in 2006, Avvo has developed features such as detailed lawyer profiles, ratings, and client reviews, providing potential clients with insights into attorneys' backgrounds and professionalism. Avvo caters to a diverse client base across the United States, facilitating access to legal resources in urban centers like New York City, Los Angeles, Chicago, and Houston.Avvo's revenue model is built around user interactions and attorney engagements on its platform. The company generates income through subscription services and partnerships, allowing attorneys to enhance their profiles via premium listings or advertising. This structure enables clients seeking legal assistance to connect with relevant lawyers efficiently. Although specific pricing plans are not disclosed, the platform supports both B2B and direct-to-consumer engagements, facilitating access to legal advice and representation.In January 2018, Avvo Inc. was agreed to be acquired by Internet Brands for an undisclosed amount. The company plans to develop new products and expand its reach into additional markets, although specific details on upcoming launches and targeted geographic regions have not been disclosed.

## Funding rounds

- Series E, Jul 22, 2015, $57M — Benchmark, TCV, Ignition Partners, Vulcan, Coatue Management
- Series D, Apr 7, 2014, $37M — Benchmark, Ignition Partners, DAG Ventures, Coatue Management
- Series C, Mar 17, 2010, $9.9M — Benchmark, Ignition Partners, DAG Ventures
- Series B, Apr 25, 2007, $9.5M — Benchmark, Ignition Partners
- Series A, Jun 7, 2006, $3M — Benchmark

## Investors

- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series A, Series B, Series C, Series D, Series E
- Ignition Partners (https://capitalatlas.ai/funds/ignition-partners) — Series B, Series C, Series D, Series E
- DAG Ventures (https://capitalatlas.ai/funds/dag-ventures) — Series C, Series D
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series D, Series E
- TCV (https://capitalatlas.ai/funds/tcv) — Series E
- Vulcan (https://capitalatlas.ai/funds/vulcan) — Series E