# Clerky

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

- Industry: Software
- Headquarters: Walnut, US
- Website: www.clerky.com
- Total disclosed funding: $2M
- Latest round: Seed (May 21, 2019)
- Investors on record: 2

## About

Founded in 2011 in Walnut, California, Clerky, Inc. provides essential legal documentation services tailored for startup founders, ensuring a streamlined incorporation process and ongoing legal management support.Clerky, Inc. specializes in offering legal solutions for startup founders, primarily focusing on business incorporation and maintenance services. Founded in 2011 in Walnut, California, the company has undergone no significant pivots since its inception. The founders of Clerky include Chris F, Darby Wong, and John Chambers, with Darby Wong currently serving as CEO. The company raised USD 2 mn in Seed funding from Flourish Ventures and individual investors in May 2019, bringing the total amount raised to USD 2 mn. Clerky has executed 2 deals in its history.Clerky is an online legal service primarily focused on providing startup founders with essential legal paperwork solutions. The core product offerings include startup formation services, allowing entrepreneurs to incorporate their businesses as Delaware C corporations—a common choice for high-growth startups. Clerky's software streamlines the incorporation process by ensuring accurate name availability checks and expert rejection analysis, minimizing filing delays and unnecessary revisions. Additionally, Clerky offers maintenance products that enable users to manage their corporations through name changes, adjustments to authorized shares, and issuing stock with customizable vesting options. The platform supports 83(b) elections, assisting founders with complex tax requirements. Clerky primarily serves startup founders and companies across the United States, particularly in technology hubs like Silicon Valley, where navigating legal documentation is crucial for growth and investment readiness.Clerky generates revenue through a structured pricing model that includes one-time fees for specific services provided to startups. The company offers a Company Lifetime Package, encompassing Delaware incorporation and various post-incorporation services, priced at USD 819. Additional services, such as foreign qualifications and stock plan adoptions, are available on a pay-per-use basis, allowing clients to engage with Clerky as their legal needs evolve. This transactional revenue structure is typical in B2B interactions, where startup clients pay for essential legal services to establish and maintain corporate compliance.Clerky plans to utilize the recent USD 2 mn Seed funding to enhance its software offerings and expand its product line. The company is currently working on new features that will streamline filing processes further and improve user experience, with anticipated release dates yet to be announced. Clerky is also targeting expansion into new markets, specifically aiming to reach startup communities in major metropolitan areas outside California, including New York and Austin, by mid-2024.

## Funding rounds

- Seed, May 21, 2019, $2M — Flourish Ventures
- Seed, Mar 11, 2013 — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Flourish Ventures (https://capitalatlas.ai/funds/flourish-ventures) — Seed