Stealthy startup Avvo raised USD 10 million

Posted on April 20, 2007
Filed Under Venture News |

While my affliction to lawyers at best times might be described by the following joke, Avvo’s financing round, top star CEO and stealthy mode got me curious.

The National Institute of Health has announced that it will no longer be using rats for medical experiments. In their place, they will use lawyers. They have given three reasons for this decision:
1. There are now more lawyers than there are rats.
2. The medical researchers don’t become as emotionally attached to the lawyers as they did to the rats.
3. No matter how hard you try, there are some things that rats won’t do.

Company Avvo
Avvo.com
616 1st Avenue Suite 700
Seattle, WA 98104
info@avvo.com
Investors Ignition Partners and Benchmark Capital
Financing Round $10 million in second round, first round was $3 mln
Technology hush hush hush - something about “better navigating the highly confusing legal industry”

Awards & Distinctions Very distinguished management team: Mark Britton, Avvo CEO, former general counsel and senior vice president at Expedia, other top executives: former Classmates Online senior director Paul Bloom and former Expedia developer Sendi Widjaja

Without any doubts Avvo is after something big. While web legal landscape is rather abundantly littered with names like FindLaw.com, LawInfo.com, Nolo.com, LegalZoom.com, FreeAdvice.com, AttorneyPages.com, LawGuru.com, national addiction to sue each other leaves still a lot of place for newcomers. To get my piece of action I bought domain name “attorney.tc“. Please don’t sue me.

Update June 15, 2007

  1. Avvo is out of stealthy mode - it is all about rating lawyers.
  2. Techcrunch published a story about Avvo - Lawyers Sue Lawyer Ratings Site. By some ironic twist of fate Avvo is being sued by lawyers unhappy with ratings at Avvo website. Maybe rats do not eat each other, but lawyers definitely do.
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