Legal Zoom Company Valuation

It raised $500 million in a funding round led by Francisco Partners and GPI Capital in 2018 and valued the company at $2 billion. The investment also included participation from one or more funds managed by Franklin Templeton Investments and funds managed by Neuberger Berman Investment Advisers. Separately, Intapp Inc., a professional services software provider and capital markets company, announced Monday that it will raise $294 million in its IPO, targeting a valuation of about $1.65 billion. Sign up for a free trial to see LegalZoom reviews in June 2021 and more. Not bad for a company that was founded only 20 years ago and has entered a very competitive and traditional industry. The company has a current ratio of 1.03 with a debt-to-equity ratio of 0.08. Well, if you take the Global 100 ranking of Law.com law firms by revenue and apply a standard valuation multiple of 3x, LegalZoom would actually rank among the top ten law firms in the world by rating. June 21 (Reuters) – LegalZoom is targeting a valuation of more than $5 billion in its U.S. IPO, marking the online legal services company`s second attempt at a public listing, according to a regulatory filing on Monday.

The company, co-founded by former O.J. Simpson attorney Robert Shapiro, plans to sell just over 19 million shares at a price between $24 and $27 each, raising $516 million at the high end. LegalZoom co-founder Shapiro is famous for being part of O.J. Simpson`s legal defense team. He worked on the case with Robert Kardashian, the late father of celebrity Kim Kardashian. LegalZoom was launched in 2001 to help people create legal documents such as wills, incorporations and trademarks without lawyers and associated fees. LegalZoom`s last post-money rating was in June 2021. In 2014, European private equity firm Permira acquired between 47% and 50% of the company for $200 million, a deal that valued LegalZoom at $425 million at the time.

You are more than your last financing, tell our customers the story of your company. But where does that place the legaltech giant in the pantheon of the wider legal services landscape, under sacred names like Sidley Austin, Latham & Watkins and Clifford Chance, all of which have been operating not since the beginning of the 21st century, but since the 19th century. S. S. S. Check out our list of the 10 most valuable legaltech startups in the world here. In this way, the company was able to take a beachhead in the world of legal services and from there, move forward and grow. Since then, they have helped more than 2 million people and 3.8 million entrepreneurs get the legal help they need. LegalZoom, the global leader in legal technology, went public on June 30, 2021. The share price closed 35% higher than the opening price at the end of the day, effectively valuing the company at $7.35 billion. The Company has cash of $211.81 million and debt of $11.62 million, representing a net cash position of $200.19 million, or $1.03 per share. Current debt (including the current portion of long-term debt) Francisco Partners, Franklin Templeton, GPI Capital and Neuberger Berman The average price target for LegalZoom.com is $13.70, 31.23% higher than the current price.

The consensus rating is “Buy”. LegalZoom.com doesn`t seem to be paying off yet. *Assuming 3 times the revenue of unlisted law firms LegalZoom`s transactional structure is available for 5 funding rounds, including its IPO from June 30, 2021. Some lessons lawyers can learn from the rise of LegalZoom in a saturated market rooted in both tradition and a conservative approach to business. Glendale, California-based LegalZoom filed for an IPO in 2012, but later postponed the offer, withdrawing it after two years. LegalZoom.com has a market cap or net worth of $2.03 billion. The enterprise value is $1.83 billion. The most recent short interest rate is 6.84 million, so 3.52% of the outstanding shares were sold short. This stock has no record of stock splitting. Gross margin is 65.56%, with operating and profit margins of -11.87% and -12.15%, respectively.

Over the past 12 months, LegalZoom.com generated revenues of $614.63 million and losses of -$74.67 million. Earnings per share were -$0.72. All figures are expressed in millions (except EPS)Xignite market data. Intapp, whose products range from risk management to time tracking for lawyers, counts Singapore-based Temasek and Great Hill Partners among its investors. Cost of Goods Sold (COGS), including depreciation and depreciation. LegalZoom`s game is a classic case study for disruptive innovations. They entered the market by pursuing what the late HBS professor and author Clayton Christensen called low-end disruption – serving customers at the bottom of the market in a way that is essentially “pretty good.” LegalZoom`s last round of funding was a $535.4 million IPO on June 30, 2021. Over the past 12 months, operating cash flow was $46.01 million and capital expenditures were $-19.68 million, representing free cash flow of $26.33 million. The list is a shining example of the power of automated technical solutions to old problems – problems previously addressed by human advocates. LegalZoom.com has 194.56 million shares outstanding. The number of shares decreased by -0.74% in one year. These clients were satisfied with standard wills, trusts and the like.

LegalZoom has 13 investors. Technology Crossover Ventures has invested in LegalZoom`s growth equity funding round. The last profit date was Thursday, November 10, 2022, after the market closes.

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