UpCounsel, an online marketplace for lawyers that raised $26 million from investors, will shut down next month, according to an email to site users.
The San Francisco-based company provided freelance attorneys for brief consultations, full-time legal department staff positions, and everything in between.
The site was co-founded by CEO Matt Faustman, an attorney who previously represented Silicon Valley startups, and Mason Blake, an engineer who was the company’s chief technical officer.
UpCounsel’s board and its shareholders decided to shut down the site permanently on March 4, Blake and Faustman wrote in a Feb. 3 email to site users.
“We want ...