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What does UpCounsel do?
UpCounsel, is an online workplace for business legal needs. This platform enables businesses to hire and manage trusted attorneys. The company is on a mission to make the legal experience remarkable for businesses. If the company was a law firm, it would be the fastest growing law firm in the history, its attorneys are already making up the largest law firm around the globe.
With this company businesses can efficiently access and manage a high quality and on demand legal workforce. Even though small businesses are currently spending more than $100B on legal fees every year, they have trouble finding good and cost effective legal services for managing their business processes and decisions. But with UpCounsel these businesses can now avoid the painful process of finding and managing legal services easily.
How much UpCounselw as funded?
UpCounsel raised $10M in Series A funding on July 28, 2015 from Menlo Ventures (Lead), Metamorphic Ventures and Homebrew.
Previous funding
$100k in Seed round on April 1, 2011 from AngelPad
$1.5M in Seed round on October 2, 2013 from Bobby Yazdani, Haroon Mokhtarzada, Collaborative Fund, Shawn V. Gruver, Homebrew, SV Angel and Signatures Capital
$2.4M in Seed round on December 9, 2014 from Crosslink Capital (Lead), AngelPad, Metamorphic Ventures (Lead), Streamlined Ventures and FundersClub
What is next for UpCounsel?
UpCounsel plans to use the lastest fund to increase its further adoption of its on demand legal marketplace. It will be used to expand its sales and marketing teams while continuing the expansion on features which put the company in the center of business-lawyer relationship.
More about UpCounsel
UpCounsel was founded on April 1st, 2012 by Matt Faustman and Mason Blake. It has its headquarters in San Francisco, CA. The company provides a remarkable legal experience. Businesses whether small or large, use this platform for supplemention of replacing their large firms or traditional law service providers.
The company’s customers love the fact that they are going to have plenty of high quality lawyers at their fingertips with transparent billing and tools to make their work more efficient.
