Business
LegalZoom Launches Free AI-Powered Grant Finder to Help Small Businesses Discover Critical Funding
New tool simplifies the search for business grants, helping entrepreneurs identify funding opportunities faster MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--
About this update from Legalzoom.com, Inc.
[{"type":"text","content":"\nNew tool simplifies the search for business grants, helping entrepreneurs identify funding opportunities faster\n\n\n MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--\nLegalZoom.com, Inc. (Nasdaq: LZ), America’s #1 online legal services company, today announced the launch of Grant Finder, an AI-powered tool that helps small business owners discover funding opportunities they may have otherwise missed.\n\n\nAccess to capital remains one of the biggest challenges entrepreneurs face today. While thousands of grants exist across government and corporate programs, finding relevant opportunities can take hours of manual research, often leading founders to outdated listings, irrelevant programs, and resources locked behind paywalls.\n\n\nLegalZoom’s Grant Finder simplifies this process by helping entrepreneurs quickly identify grant programs tailored to their business—no sign-up or payment required. Users can simply describe their business and funding needs in natural language, and Grant Finder returns a curated list of opportunities matched to their company’s industry, location, and other key characteristics.\n\n\n“Small business owners are launching at record rates, but they are doing so in an environment where access to capital is increasingly challenging and traditional funding tools are failing to keep pace,” said Aaron Stibel, LegalZoom Chief Business Officer & Chief Customer Officer. “Grant Finder reflects our commitment to removing barriers to success by combining the power of AI with a genuinely free resource that helps entrepreneurs discover funding opportunities without taking on debt or giving up equity.”\n\n\nThe timing of the launch reflects a growing wave of entrepreneurship across the United States. According to the U.S. Census Bureau, non-seasonally adjusted new business applications reached 505,240 in February alone, about a 14 percent increase from the prior year, while LinkedIn reports that the number of people adding “Founder” to their profile has surged 69 percent over the last year.\n\n\nDespite this surge in entrepreneurial activity, access to funding remains a critical obstacle. Cash flow issues, including lack of funding, account for 82 percent of small business failures. LegalZoom’s own data reveals that 63 percent of nonprofits formed through the platform cite fundraising help as their top need, with 39 percent id...