LegalZoom
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 471m | 575m | 620m | 661m | 681m | 709m | 744m |
| % growth | 15 % | 22 % | 8 % | 7 % | 3 % | 4 % | 5 % |
| EBITDA | 75.6m | (66.3m) | (14.4m) | 60.1m | 138m | 154m | 171m |
| % EBITDA margin | 16 % | (12 %) | (2 %) | 9 % | 20 % | 22 % | 23 % |
| Profit | 9.9m | (109m) | (48.7m) | 14.0m | 22.2m | 28.3m | 41.8m |
| % profit margin | 2 % | (19 %) | (8 %) | 2 % | 3 % | 4 % | 6 % |
| EV / revenue | - | 5.1x | 2.1x | 2.9x | 1.5x | 1.4x | 1.2x |
| EV / EBITDA | - | -44.2x | -90.1x | 31.6x | 7.6x | 6.3x | 5.0x |
| R&D budget | 41.9m | 84.0m | 70.4m | 83.2m | - | - | - |
| R&D % of revenue | 9 % | 15 % | 11 % | 13 % | - | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
$45.0m | Series A | ||
$66.0m | Series B | ||
$200m Valuation: $425m | Secondary | ||
N/A | Late VC | ||
N/A | - | ||
$500m Valuation: $2.0b | Secondary | ||
| N/A | N/A | IPO | |
* | N/A | $140m | POST IPO SECONDARY |
| Total Funding | €101m | ||
Recent News about LegalZoom
EditLegalZoom is a pioneering online legal technology company that provides a wide range of legal services to individuals, families, and small businesses. The company operates primarily in the United States, offering its services across all 50 states. LegalZoom's primary clients include entrepreneurs looking to start or manage their businesses, individuals needing estate planning, and anyone requiring legal documents or consultations.
LegalZoom simplifies the legal process by offering an accessible online platform where clients can create legal documents, form businesses, and get legal advice without needing to visit a lawyer's office. The company provides services such as business formation (like LLCs and corporations), estate planning (including wills, living trusts, and powers of attorney), and intellectual property protection (such as trademarks).
The business model of LegalZoom is based on flat-rate fees, which means clients pay a set price for each service rather than hourly rates, eliminating the uncertainty of legal costs. This model is particularly appealing to small businesses and individuals who need predictable and affordable legal services. LegalZoom also offers a satisfaction guarantee, promising to refund their fee within the first 60 days if clients are unhappy with the services provided.
LegalZoom makes money by charging these flat fees for its various services. Additionally, the company partners with a network of independent attorneys who provide consultations and legal advice, further enhancing the value offered to clients. By leveraging technology, LegalZoom has managed to serve over 2 million businesses and help create 3.5 million estate planning documents, demonstrating its significant impact on the legal services market.
In summary, LegalZoom is a user-friendly, cost-effective legal service provider that caters to the needs of small businesses and individuals, making legal processes more accessible and affordable.
Keywords: online legal services, business formation, estate planning, flat-rate fees, legal documents, small businesses, intellectual property, attorney consultations, accessible legal help, satisfaction guarantee.
Tech stack
Investments by LegalZoom
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