UpCounsel

InternetSeries BSan Francisco, USupcounsel.com

Latest round

Series B

Last raised

Mar 2018

Total raised

$25M

Investors

9

About UpCounsel

UpCounsel, Inc. is a digital platform that connects businesses with experienced attorneys, streamlining the process of obtaining legal services while minimizing costs.Founded in 2012 and headquartered in San Francisco, US, UpCounsel provides a digital solution for businesses seeking legal services. The company was acquired by Enduring Ventures in March 2020, though financial terms were not disclosed. KJ Erickson leads the company as CEO, bringing previous entrepreneurial experience to the role.UpCounsel provides a digital platform that simplifies the process of finding and engaging legal services for businesses of all sizes. The core offering is an online marketplace where users can post legal job requests and receive custom proposals from experienced attorneys across various fields such as business formation, intellectual property, and employment law. This service is designed to help clients efficiently manage their legal needs without incurring high costs associated with traditional law firms. UpCounsel's clientele includes startups, small businesses, and Fortune 1000 companies, all seeking accessible legal support tailored to their specific requirements.UpCounsel's revenue model primarily revolves around transaction-based fees generated from the connections made between clients and attorneys on their platform. Clients can expect to receive transparent proposals for legal services that include detailed pricing options, allowing them to compare costs and quality before making a selection. The platform facilitates both one-time consultations and ongoing partnerships, enabling businesses to engage legal counsel in a manner that suits their operational needs. The services offered include various legal documents and resources, which contribute to the overall value proposition of the platform. Specific plans include the launch of upcoming features designed to improve user experience, although exact release dates have not been disclosed. The company is considering geographic expansion into more metropolitan areas throughout the US, with targeted efforts to enter markets currently underserved by accessible legal services.

Who invested in UpCounsel

9 investors across 5 rounds

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Funding rounds

  1. Series B

    Mar 26, 2018

    Amount

    $12M

    Investors

    Locked

  2. Series A

    Jul 17, 2015

    Amount

    $9.4M

    Investors

    Locked

  3. Seed

    Aug 6, 2014

    Amount

    $2.2M

    Investors

    Locked

  4. Seed

    Oct 2, 2013

    Amount

    $1.5M

    Investors

    Locked

  5. Seed

    Apr 1, 2013

    Amount

    $0.1M

    Investors

    Locked

Questions about UpCounsel

Who invested in UpCounsel?

UpCounsel has 9 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has UpCounsel raised?

UpCounsel has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did UpCounsel last raise money?

UpCounsel's most recent round on record is a Series B, in Mar 2018.

What does UpCounsel do?

UpCounsel is a internet company.

Where is UpCounsel headquartered?

UpCounsel is headquartered in San Francisco, US.

Which VCs invest in companies like UpCounsel?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at UpCounsel's stage. Their profiles are linked below.

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