PE Fund Investments
Document automation co Revvsales acquired by US-based LegalZoom
US-based, Nasdaq-listed LegalZoom has acquired Bengaluru-based Revv (formerly Revvsales), a document automation and forms template company. Revv's technology will enhance LegalZoom's forms library and legal templates offerings and will be used to develop product experiences and services for small businesses. Revv's India-based team of about 30 employees will be joining LegalZoom as part of the transaction. District Capital Partners acted as financial advisor to LegalZoom, and Massumi + Consoli LLP served as its legal counsel. Founded in 2018 by ex-Freshworks executives Rishi Kulkarni and Sameer Goel, Revv is a self-service document automation and electronic signature platform. Revv offers legally binding eSignatures coupled with vetted templates, cloud-based workflow automation, native API, Zapier integration, analytics, cloud-based storage, and audit trails.
From the Venture Intelligence PE-VC Deal Database: In Aug-2018, Revvsales had raised USD 2 M from Lightspeed Ventures. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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