LegalZoom IPO
LegalZoom provides online legal services and document preparation for small businesses and consumers, including business formation, trademark registration, and legal advice. The company went public in 2021 and is traded on NASDAQ under the ticker symbol LZ. Investors have been watching LegalZoom as it represents the digitization of traditional legal services with a large addressable market.
Key Facts
| Industry | Legal Technology |
| Founded | 2001 |
| Headquarters | Glendale, CA |
| Employees | ~1,200 |
| Website | legalzoom.com |
| Funding | Public company (IPO in June 2021) |
About LegalZoom
LegalZoom operates an online platform that provides legal document preparation and business formation services for small businesses and individuals. The company democratizes access to legal services by offering automated document generation for common legal needs like LLC formation, trademark applications, wills, and contracts at significantly lower costs than traditional law firms.
Since going public in 2021, LegalZoom has expanded beyond document preparation to offer ongoing legal and compliance services, including registered agent services, business licenses, and access to attorney consultations. The company serves millions of customers and has processed over 4 million business formations, establishing itself as a dominant player in the legal technology space for small business services.
IPO Status
LegalZoom completed its initial public offering in June 2021, pricing shares at $28 per share and raising approximately $380 million. The IPO was well-received initially, with shares trading above the offering price in early sessions. The company trades on NASDAQ under the ticker symbol LZ. Since going public, LegalZoom has focused on expanding its subscription-based services and growing its customer base. The stock has experienced typical post-IPO volatility as the market has adjusted to the company's business model and growth prospects in the competitive legal technology space.
Competitors
Frequently Asked Questions
Does LegalZoom have a stock?
Yes, LegalZoom completed its IPO in June 2021. The company went public at $28 per share and is now traded on NASDAQ under the ticker LZ.
When is the LegalZoom IPO date?
LegalZoom already went public on June 30, 2021. The IPO date has already passed and shares are now publicly traded.
How can I buy LegalZoom stock?
You can buy LegalZoom stock through any brokerage account since the company is publicly traded on NASDAQ under ticker symbol LZ. The stock is available through traditional brokers, online platforms, and robo-advisors.
Don't Miss the Next Big IPO
Get notified when the next major company files for an IPO. Daily alerts delivered to your inbox.
Get IPO Alerts