About Avvo
Avvo is a company based in Seattle (United States) founded in 2006 was acquired by Internet Brands in January 2018.. Avvo has raised $132 million across 5 funding rounds from investors including Internet Brands, TCV and Coatue. The company has 317 employees as of December 31, 2022. Avvo operates in a competitive market with competitors including Law&Company, Best Lawyers, Chambers and Partners, Martindale-Hubbell and Super Lawyers, among others.
- Headquarter Seattle, United States
- Employees 317 as on 31 Dec, 2022
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Sectors
Professional & Legal Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$132 M (USD)
in 5 rounds
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Latest Funding Round
$71.5 M (USD), Series E
Jul 22, 2015
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Investors
Internet Brands
& 6 more
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Employee Count
317
as on Dec 31, 2022
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Acquired by
Internet Brands
(Jan 11, 2018)
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Funding Insights of Avvo
Avvo has successfully raised a total of $132M across 5 strategic funding rounds. The most recent funding activity was a Series E round of $71.5 million completed in July 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series E — $71.5M
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First Round
First Round
(08 Jun 2006)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2015 | Amount | Series E - Avvo | Valuation |
investors |
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| Apr, 2014 | Amount | Series D - Avvo | Valuation | Coatue | |
| Mar, 2010 | Amount | Series C - Avvo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Avvo
Avvo has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Internet Brands, TCV and Coatue. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital is invested in global technology companies by TCV.
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Founded Year | Domain | Location | |
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Provider of an investment platform for various stages
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Founded Year | Domain | Location | |
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Private equity investments are backed by a single-family office firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Avvo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Avvo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Avvo Comparisons
Competitors of Avvo
Avvo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Law&Company, Best Lawyers, Chambers and Partners, Martindale-Hubbell and Super Lawyers, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online lawyer listing platform
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| domain | founded_year | HQ Location |
Online platform to find lawyers and law firms
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| domain | founded_year | HQ Location |
Law firms and lawyers are ranked through legal data analytics.
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| domain | founded_year | HQ Location |
Legal professionals are listed and connected through an online platform.
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| domain | founded_year | HQ Location |
Online platform for listing and rating lawyers is operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Avvo
Frequently Asked Questions about Avvo
When was Avvo founded?
Avvo was founded in 2006.
Where is Avvo located?
Avvo is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is Avvo a funded company?
Avvo is a funded company, having raised a total of $132M across 5 funding rounds to date. The company's 1st funding round was a Series C of $10M, raised on Jun 08, 2006.
How many employees does Avvo have?
As of Dec 31, 2022, the latest employee count at Avvo is 317.
What does Avvo do?
Avvo is a legal QA forum, directory and legal marketplace, connecting hundreds of thousands of consumers and lawyers every month. In Avvos QA forum consumers can get free legal advice 247 from more than 150,000 participating lawyers, and Avvos directory provides comprehensive profiles, client reviews, peer endorsements and the industry-recognized Avvo Rating for more than 95 percent of all lawyers in the U.S. In addition, Avvo helps lawyers grow their business with Avvo Ignite, a cloud-based marketing platform and website solution specifically for attorneys.
Who are the top competitors of Avvo?
Avvo's top competitors include Chambers and Partners, Law&Company and Martindale-Hubbell.
Who are Avvo's investors?
Avvo has 7 investors. Key investors include Internet Brands, TCV, Coatue, Vulcan Capital, and Benchmark.
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