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Clio (software company)
Software company in Canada From Wikipedia, the free encyclopedia
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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.[citation needed]
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Clio was established in 2007 by Jack Newton and Rian Gauvreau.[1] Clio launched the first cloud-based practice management software developed for law firms.[citation needed]
In 2012, Clio's Series B raised $6 Million.[2][3] The company made the first version of its Application Programming Interface available in 2012.[4]
In September 2013, Clio released a mobile application that provides access to the company's software from iOS devices.[5] The release occurred at the company's first annual Cloud Conference.[6]
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.[7][8] Clio also announced the Android version of their mobile application and a major product update.[9]
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.[10] By this time, Clio also supported 120 integrations with other legal software applications.[6]
One year later, in September 2019, Clio raised a $250M (USD) Series D from TCV, JMI Equity.[11]
On April 27, 2021, after several acquisitions in the legal technology space, Clio was valued at $1.6B with the announcement of a $110M Series E funding round.[12]
In July, 2023, Clio announced a $900M USD Series F round.[citation needed]
On September 5th, 2024, the Vancouver Canucks announced Clio as their inaugural away jersey sponsor, in a multi-year partnership with the company.[13]
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