Rocket Lawyer announced a major growth capital financing of $223 million, led by Vista Credit Partners, a strategic credit investor. Rocket Lawyer and Vista will collaborate to scale the Rocket Legal Cloud platform to meet the strong demand for the company’s digital tools of justice.
Founded in 2008, based on patented technology, Rocket Lawyer provides enterprises, small and medium-sized businesses, and millions of individuals with digital legal documents, digital signatures, attorney advice from anywhere, online incorporations and more. The company innovates, invents and delivers modern, scalable cloud-based solutions.
“Nearly every day, examples of injustice make headlines. And for every headline-grabbing incident, there are countless others,” said Charley Moore, CEO and founder of Rocket Lawyer. “Vista Credit Partners shares our commitment to bring justice within reach of everyone with a connected device.”
David Flannery, President of Vista Credit Partners: “We are thrilled to be partnering with Charley Moore and the impressive Rocket Lawyer team, who have pioneered an important technology at a time when millions of people need affordable legal services. The pandemic has hastened the transition of legacy systems to a more accessible digital future, especially in the legal sphere. We believe this climate gives Rocket Lawyer an incredible growth opportunity […].”
Vista Credit Partners is the credit-investing arm of Vista Equity Partners and is a strategic investor and financing partner focused on the growing enterprise software, data, and technology market.
With operations in North America, the United Kingdom and the European Union, Rocket Lawyer has provided over 25 million people and organizations with access to digital legal documents, attorney advice, and business legal services, such as incorporations, at a price that more people can afford.
