August 11, 2011 — We are happy to announce that Rocket Lawyer has raised $18.5 million in expansion capital. The financing, led by August Capital and including Google Ventures and Investor Growth Capital (IGC), will be used to continue building Rocket Lawyer's brand and patent-pending online legal solutions.
We are gratified that millions of people and thousands of businesses have taken advantage of the free legal documents and affordable access to real attorneys online via Rocket Lawyer, said Charley Moore, founder and executive chairman of Rocket Lawyer.
Our investors share our vision, and together we're dedicated to making legal services easy and affordable for everyone, added Dan Nye, Rocket Lawyer president and CEO.
Over 15 million small businesses and consumers have used Rocket Lawyer's easy, web-based do it yourself tools and legal plans. Each month, more than 20,000 Last Wills and 40,000 Business Contracts are created using the site's step by step interview process. Rocket Lawyer helps users create customized legal documents that can be electronically signed online and shared instantly or downloaded for printing. Legal plan members have access to free document reviews from local attorneys, and deeply discounted rates on legal fees for more complicated legal services. Visitors to Rocket Lawyer have grown over 100 percent, year over year, making Rocket Lawyer the fastest growing online legal service.
This article contains general legal information and does not contain legal advice. Rocket Lawyer is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.