XDATA – September 3rd 2014
Legal Hero disclosed selling $640,000 worth of mezzanine securities as part of financing round. The mezzanine securities, which started to sell a few days ago, were bought by twenty-four investors. The offering has no fundraising cap and the company may elect to raise additional funds until the offering closes in August 2015. No offering was previously initiated by the company under a registration exemption with the SEC.
Legal Hero markets and develops a platform for small businesses to identify and retain lawyers among a curated network of lawyers. The platform offers up-front and most of the time fixed prices and a streamlined experience to users with secure billing and online document management.
Anne Weber (President and CEO) leads the New York NY based company which was registered in 2013. Legal Hero kept its revenues undisclosed.
The executive team includes Anne Webber.
Company: Legal Hero
Industry: Business Services
Amount offered: N/A
Amount placed: $640,000
First sale: 08-31-2014
Data as of: 09-03-2014