LegalZoom.com, Inc
General Information | |
Business: | Our mission is to democratize law. We believe every business deserves the full protection of the legal system and a simple way to stay compliant with it. Our platform helps new businesses form. Once a small business is formed, we offer subscription services to protect the business, its ideas, and the families that create them. LegalZoom empowers small business owners to apply their energy and passion to their businesses instead of the legal and regulatory complexity required to operate them. LegalZoom is a leading online platform for legal and compliance solutions in the United States. In 2020, 10% of new limited liability companies, or LLCs, and 5% of new corporations in the United States were formed via LegalZoom. Our unique position at business inception allows us to become a trusted business advisor, supporting the evolving needs of a new business across its lifecycle. Along with formation, LegalZoom offerings include ongoing compliance and tax advice and filings, trademark filings, and estate plans. Additionally, we have unique insights into our customers and leverage our product as a channel to introduce small businesses to leading brands in our partner ecosystem, solving even more of their business needs. We operate across all 50 states and over 3,000 counties in the United States, and have more than 20 years of experience navigating complex regulation and simplifying the legal and compliance process for our customers. (Note: LegalZoom priced its IPO on June 29, 2021, at $28 – above its $24-to-$27 price range – on 19.12 million shares, the same number of shares in the prospectus, to raise $535.36 million.) |
Industry: | COMPUTER PROGRAMMING, DATA PROCESSING |
Employees: | 1055 |
Founded: | 1999 |
Contact Information | |
Address | 101 North Brand Boulevard, 11th Floor Glendale, California 91203 |
Phone Number | (323) 962-8600 |
Web Address | http://www.legalzoom.com/ |
View Prospectus: | LegalZoom.com, Inc |
Financial Information | |
Market Cap | $4949.81mil |
Revenues | $499.47 mil (last 12 months) |
Net Income | $-4.8 mil (last 12 months) |
IPO Profile | |
Symbol | LZ |
Exchange | NASDAQ |
Shares (millions): | 19.1 |
Price range | $28.00 - $28.00 |
Est. $ Volume | $535.4 mil |
Manager / Joint Managers | J.P. Morgan/ Morgan Stanley/ Barclays/ BofA Securities/ Citigroup/ Credit Suisse/ Jefferies |
CO-Managers | JMP Securities/ Raymond James/ William Blair/ AmeriVet Securities/ Penserra/ Telsey Advisory Group/ Siebert Williams Shank |
Expected To Trade: | 6/30/2021 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |