Clio (software company)
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 | |
| Type | Private |
|---|---|
| Industry | Legal technology |
| Founded | 2007 |
| Founders |
|
| Headquarters | , Canada |
Number of employees | 1,000 |
| Parent | Themis Solutions Inc. |
| Website | www |
Clio is a legal technology company headquartered in Burnaby, British Columbia. It offers law firms cloud-based software that handles various law practice management tasks including client intake, contact management, calendaring, document management, timekeeping, billing, and trust accounting.[1]
History
[edit]Clio was established in 2007 by Jack Newton and Rian Gauvreau.[2] Clio launched the first cloud-based practice management software developed for law firms.[3]
In 2012, Clio's Series B raised $6 million.[4][5] The company made the first version of its Application Programming Interface available in 2012.[6]
In September 2013, Clio released a mobile application that provides access to the company's software from iOS devices.[7] The release occurred at the company's first annual Cloud Conference.[8]
In 2014, Clio received $20 million in Series C funding from Bessemer Venture Partners, with participation from its initial investor, German-based venture capital firm Acton Capital Partners.[9][10] Clio also announced the Android version of their mobile application and a major product update.[11]
On October 5, 2018, Clio announced that it had acquired client intake software provider Lexicata and that the Lexicata product would be converted into a new product called Clio Grow.[12] By this time, Clio also supported 120 integrations with other legal software applications.[8]
One year later, in September 2019, Clio raised a $250 million Series D from TCV, JMI Equity.[13]
On April 27, 2021, after several acquisitions in the legal technology space, Clio was valued at $1.6 billion with the announcement of a $110 million Series E funding round.[14]
In July, 2024, Clio announced a $900 million Series F round.[15][16][17]
On September 5, 2024, the Vancouver Canucks announced Clio as their inaugural away jersey sponsor, in a multi-year partnership with the company.[18]
On November 2025, Clio announced the acquisition of vLex for $1 billion and announced a $5 billion valuation. [19]
See also
[edit]References
[edit]- ↑ "Company Profile: Clio". Government of Canada. Retrieved 2025-06-10.
{{cite web}}: CS1 maint: url-status (link) - ↑ Scarlat, Irina (2015-12-10). "From 0 to 30k users in US$27 million in funding. The story of Clio". HowToWeb. Archived from the original on 2019-07-09.
- ↑ "The Shrinking Ownership of Law Practice Management Technology (Part 1 of 4): A Market Dominated by Just Six Ownership Groups | LawSites". www.lawnext.com. 2024-09-16. Retrieved 2026-06-10.
- ↑ Empson, Rip (2012-01-30). "Clio Grabs $6 Million To Help Bring Small Legal Practices To The Cloud". TechCrunch.
- ↑ Simpson, Scott (2012-01-30). "Vancouver software developer Clio announces $6 million funding round". Vancouver Sun.
- ↑ Simpson, Neilson (2019-02-04). "The state of legal tech". Canadian Lawyer.
- ↑ Ambrogi, Robert (2013-02-04). "Clio Releases Full-Featured iPhone App". LawSites.
- 1 2 Ambrogi, Robert (2018-08-10). "Cloud Practice Management Software Grows Up". Above The Law.
- ↑ Kolodny, Lora (2014-03-25). "Vancouver Startup Clio Raises $18M to Help Lawyers Cut Inbox Clutter". The Wall Street Journal.
- ↑ Silcoff, Jean (2019-09-04). "Vancouver-area legal software company Clio raises $250-million in venture capital funding". The Globe And Mail.
- ↑ Matthews, Steve (2014-09-22). "Clio Announces "Next" UI at User Conference". Slaw.
- ↑ Tashea, Jason (2019-10-04). "Clio acquires Lexicata, launches customer relationship product Clio Grow". ABA Journal.
- ↑ "Cloud Technology Leader Clio Announces $250 Million Investment from TCV and JMI to Transform the Legal Industry". VentureBeat. 4 September 2019.
- ↑ Merken, Sara (26 October 2021). "Clio unveils payments tech lawyers developed in-house". Reuters. Retrieved 2021-11-03.
- ↑ "Our investment in Clio's $900M Series F, Shining Light on NEA's Late-Stage Strategy". NEA. Retrieved 2026-06-10.
- ↑ Azevedo, Mary Ann (2024-07-23). "Legal tech Clio raises $900M at a $3B valuation, plans to double down on AI and fintech". TechCrunch. Retrieved 2026-06-10.
- ↑ "Five Observations from Clio's $900m Series F". ScaleView. Retrieved 2026-06-10.
- ↑ "Canucks Announce Clio as Official Away Jersey Partner". NHL. 5 September 2024.
- ↑ Journal, A. B. A. "Clio completes $1B acquisition of vLex and announces $5B company valuation". ABA Journal. Retrieved 2026-06-10.
