Avvo raises $37.5 million in funding

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Avvo is a Seattle based startup that has a marketplace for legal advice that has raised $37.5 million in Series D funding led by New York based hedge fund Coatue Management. Benchmark Capital, Ignition Partners and DAG Ventures also participated in this round. This brings Avvo’s total funding to $60.5 million. Avvo now has over 160,000 lawyers from around the U.S. participating in its Q&A fourms and has given an “Avvo rating” to over 97% of lawyers in the country. Avvo will be launching in other countries over the next few months.

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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