Clio | |
Type: | Private |
Industry: | Legal technology |
Predecessors: | --> |
Successors: | --> |
Hq Location City: | Burnaby, British Columbia |
Hq Location Country: | Canada |
Areas Served: | --> |
Profit: | --> |
Profit Year: | --> |
Owners: | --> |
Num Employees: | 900 [1] |
Parent: | Themis Solutions Inc. |
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.[2]
Clio was established in 2007 by Jack Newton and Rian Gauvreau.[3] Clio launched first cloud-based practice management software developed for law firms.[4]
In 2012, Clio's Series B raised $6 Million.[5] [6] The company made the first version of its Application Programming Interface available in 2012.[7]
In September 2013, Clio released a mobile application that provides access to the company's software from iOS devices.[8] The release occurred at the company's first annual Cloud Conference.[9]
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.[10] [11] Clio also announced the Android version of their mobile application and a major product update.[12]
In October 2016, Clio published the first Legal Trends Report, an annual publication that references aggregated metrics from the company's user base to analyze trends and benchmarks in law firm operations.[13] [14]
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.[15] By this time, Clio also supported 120 integrations with other legal software applications.
One year later, in September 2019, Clio raised a $250M (USD) Series D from TCV, JMI Equity.[16]
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.[17] [18]
In July, 2023, Clio announced a $900M USD Series F round.
On September 5th, 2024, the Vancouver Canucks announced Clio as their inaugural away jersey sponsor, in a multi-year partnership with the company.[19] [20]