Full-Time
Confirmed live in the last 24 hours
Legal practice management software provider
CA$172k - CA$258kAnnually
Senior, Expert
Toronto, ON, Canada + 2 more
More locations: Calgary, AB, Canada | Vancouver, BC, Canada
Hybrid work environment, with expectation for local Clions (Vancouver, Calgary, Toronto, and Dublin) to be in office min. once per week on our Anchor Day.
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Clio provides legal practice management software that helps law firms operate more efficiently. Its two main products, Clio Grow and Clio Manage, serve different purposes: Clio Grow is designed to enhance the client intake process and improve engagement with clients, while Clio Manage allows law firms to organize tasks, manage cases, handle documents, and process payments all in one platform. Clio caters to a diverse clientele, from solo practitioners to large law firms, and operates on a subscription model, charging users monthly or annually for access to its software. The goal of Clio is to streamline legal operations, reduce administrative tasks, and support the growth of legal practices.
Company Size
1,001-5,000
Company Stage
Series F
Total Funding
$1.3B
Headquarters
Burnaby, Canada
Founded
2008
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Company equity
401k
Parental leave options and stipend
Flexible paid time off
Stipend to support WFH
Various wellness benefitsand programs
BC tech companies raised $4.47 billion in 2024 across 53 financing deals over $5 million, with the top 10 deals totaling $3.34 billion. Clio led with a $1.23 billion Series-F round, marking the largest in BC tech history. Other notable deals include NanoVation Therapeutics' $815 million partnership and Blockstream's $292 million financing. The average financing round was $44.26 million, with 29 companies raising over $20 million each.
Clio, a legaltech company based in Burnaby, BC, raised a record-breaking $900 million USD Series F round at a $3 billion USD pre-money valuation in 2024. This round surpassed 1Password's previous record and accounted for nearly half of Canada's Q3 2024 tech funding. Clio's decision to stay private reflects a trend of Canadian tech companies avoiding the public market due to investor pressure and market conditions. Many companies, like Nuvei, have gone private, with IPOs expected to pick up in 2025-2026.
Canadian legal software company Clio raised $900 million in a Series F round led by NEA, valuing the company at $3 billion. The funds will enhance AI capabilities and expand international markets. Clio's CEO, Jack Newton, emphasized the integration of workflows and AI to boost lawyer productivity. The round included investors like Goldman Sachs and CapitalG. Clio plans further investment in AI and legal payment solutions, including the new AI solution "Clio Duo."
NEA-led investment, the largest transaction ever in cloud legal technology, includes participation from Goldman Sachs Asset Management, Sixth Street Growth,...
GeekWire’s in-depth startup coverage tells the stories of the Pacific Northwest entrepreneurial scene.Clio co-founder and CEO Jack Newton. (Clio Photo)Clio raised $900 million, boosting its valuation to $3 billion in what the company describes as the largest capital raise for a cloud-based legal software company ever.Founded in 2008 and based in the Vancouver, B.C., area, Clio serves thousands of law firms that use its software to run their business and manage relationships with clients.Clio is generating $200 million in annual recurring revenue. It has more than 1,100 employees.New Enterprise Associates led the Series F round, which comes three years after a $110 million round that valued Clio at $1.6 billion. Other backers in the round include Goldman Sachs Asset Management, Sixth Street Growth, CapitalG, and Tidemark.The company is led by CEO and co-founder Jack Newton, an author and podcast host who also co-founded the Legal Cloud Computing Association.“We started Clio with a vision to make running a law firm much easier, more lucrative for legal professionals, and more convenient for clients,” Newton wrote in a blog post.Legal tech startups pulled in $356 million as of June (not including Clio’s latest round), down slightly compared to last year, according to Crunchbase.There are a number of more nascent startups using AI and other technologies to help lawyers streamline tedious tasks, including Seattle-area companies AllDrafts, Clearbrief, Prophia, and Predict.law
BURNABY, B.C. — Clio has raised a US$900-million round of funding that the legal tech firm says is the largest software raise in Canadian tech history.
Cloud practice management system provider Clio today (23 July) announced it has raised US $900 million, based on a US $3 billion valuation, in a Series F investment round led by New Enterprise Associates (NEA). Clio says it will continue to expand its multi-product platform, including further investments in its AI portfolio and integrated legal payments. It will also accelerate its rapid market expansion upmarket and internationally, deepening its organic growth to more than 130 countries across the globe. Clio powers every aspect of the legal process: it simplifies law firm management by centralizing client intake, case management, document management and legal payments. It now has more than 250+ legal technology software integrations
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. The 16-year-old Canadian legal software firm Clio, which makes a cloud-based operating system for law firms that handles everything from client intake to court filings to accounting, announced today that it has raised $900 million in a Series F investment round. This massive round was led by New Enterprise Associates (NEA) and values the firm at a total of $3 billion. Clio is touting it as the largest transaction ever in cloud legal technology, and says the money will be used to further advance its tech offerings with AI and other features, as well as expand to new markets and firms. It already counts customers in more than 130 countries, though the majority of its 150,000 individual users are in the U.S.“We’re able to dramatically simplify workflows and unify them into one system,” said Jack Newton, CEO and Founder of Clio, in a phone interview with VentureBeat
Legal-tech company Clio has set a new record for Canadian firms by raising $900 million in a single investment round. The deal, led by New Enterprise Associates, values Clio at $3 billion. This funding allows Clio to continue growing privately before eventually going public.
Clio has secured a $900 million USD Series F funding round, making it the largest software funding round in Canadian tech history and valuing the company at over $4 billion CAD ($3 billion USD). This round, led by NEA with participation from Goldman Sachs, Sixth Street Growth, CapitalG, and Tidemark, follows Clio reaching $200 million USD in annual recurring revenue. The funding aims to support Clio's growth from $200 million USD ARR to $1 billion USD ARR and beyond.