LawPivot, a Silicon Valley-based company that operates a Q&A site providing crowdsourced and confidential legal advice to companies, raised $600k in its seed financing round.
Investors include Google Ventures and Silicon Valley and New York business angels including Richard Chen, David Tisch, David Li, Nick Mehta and Don Hutchison. They joined returning investors David Austin, Allen Morgan, Deep Nishar, Chris Yeh and Nishith Desai.
The company also launched a new product, LawPivot Recommendations, a personalized recommendation algorithm that connects a company to lawyers on LawPivot to answer legal questions.
Founded in 2009 by former lawyers (at major law firms) and entrepreneurs Jay Mandal and Nitin Gupta, LawPivot aims to provide an easy way for companies, especially start ups, to receive confidential legal advice and solve critical legal issues ranging from contracts, stock issues, employment and labor matters, technology licensing, patents, trademarks, copyrights, real estate, to immigration, through crowdsourced, confidential answers from experts.
LawPivot is currently offering a free trial to California-based companies.
FinSMEs
24/01/2011