- LegalZoom.com Inc LZ has acquired Revv, a Bangalore, India-based document automation and forms templates company. That financial terms remain secret.
- Founded in 2018 by exFreshworks Inc. FRESH of executives Rishi Kulkarni and Sameer Goel, Revv is a self-service document automation and e-signature platform. Revv offers legally binding e-signatures coupled with verified templates, cloud-based workflow automation, native API, Zapier integration, analytics, cloud-based storage and audit trails.
- Revv’s proprietary technology will enhance LegaZoom’s forms library and legal template offering and will be used to develop modern product experiences and services for small businesses.
- “The acquisition of Revv demonstrates our continued focus on scaling critical engineering and product talent to provide the best products and services for small businesses,” said Dan Wernikoff, CEO of LegalZoom.
- The Bangalore-based team of approximately 30 will all join LegalZoom as part of the transaction.
- The company held $215.5 million Cash and cash equivalents as of June 30, 2022.
- Price promotion: LZ shares are trading 11% higher at $8.51 on the last check Monday.
- Photo via company
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