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ACQUIRED COMPANY
 
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UpCounsel  Acquired by Enduring Ventures (2020  amount undisclosed )

580 Market St. 5th Floor
San Francisco, CA 94104
USA
415-390-5941
Website Company Summary Management Team
Management

CEO: KJ Erickson (3/31/2020) ; Matt Faustman (11/30/2011)
President/COO/Operations: Meg Sandman (2/28/2017) ; Melissa Goodhart (4/28/2018)
Finance: Sieva Kozinsky (1/31/2020)
Technology: Mason Blake (11/30/2011)
Sales/Marketing: Paul Drobot
Board

Outside board: (May no longer be on the board) Venky Ganesan (Menlo Ventures Managing Director)
Advisory board: Touraj Parang (Jaxtr)
Company

Business description: UpCounsel is a marketplace for legal services. By using technology to reinvent the traditional legal model, we are making legal services accessible for every individual and business. UpCounsel makes it easy to find, hire, and pay cost-effective, talented and local attorneys for almost anything. Users get attorneys appropriately skilled for their needs based on location, budget and required legal skills. First, you tell us what you need by posting a job. You receive offers from multiple attorneys to complete the work. You can research each attorney by checking out their work history, user reviews and even ask follow-up questions to the attorneys. Then, pick your attorney and the work gets done! We make payment easy and charge buyers a low flat rate of 10% on top of all fees. Examples of Jobs Posted -Consultations on pretty much everything -Company formation -Review and explanation of founder agreements -Drafting terms of service and privacy policies -Drafting lease agreements and apartment rules -Assembling summer internship programs -Hiring employees and independent contractors -Attorney in the office twice a month for various tasks -Help with a family and friends convertible note
Customers include: built.ioFinancialForce.comHotel TonightMenlo VenturesPillowSingularity UniversitySoldsieTwilio;  Aivvy;  Astral;  BauBax;  Charming Charlie;  Signature Capital;  Stanfy
Partners include: Intuit WeWork
Capital

Rounds: 5
Recent Fundings: Dec 2021   Apr 2018
Capital raised: 29.3M
Last Round: 3.9M
Ownership: Acquired by Enduring Ventures (2020  amount undisclosed )
VCs include: Crosslink CapitalMenlo Ventures Metamorphic Ventures;  Collaborative Fund Homebrew Streamlined VenturesSignatures Capital Cota CapitalZenStone Venture Capital;  BluePoint Ventures
Angels/other VCs: Shawn V. Gruver (HFG Wealth Management);  Haroon Mokhtarzada (Webs.com);  Idris Mokhtarzada (Webs.com);  Bobby Yazdani (Saba Software)

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Overview
Record updated: Dec 2021
Sector: Legal
Year Founded: 2012
Headcount: 26-50 as of Dec 2021
Rounds: 5
Recent Fundings: Dec 2021   Apr 2018
Capital Raised: 29.3M
Last Round: 3.9M
Ownership: Acquired by Enduring Ventures (2020  amount undisclosed )