Clio’s Series F Funding: How it Benefits You

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We all know—from working with our many tens of hundreds of shoppers who depend on Clio on a regular basis—that working a legislation agency has by no means been simple, particularly with out entry to the fitting software program. We began Clio with a imaginative and prescient to make working a legislation agency a lot simpler, extra profitable for authorized professionals, and extra handy for purchasers.

It’s a imaginative and prescient that also holds true in the present day, and I’m excited to share the subsequent step in that journey with you.

I’m proud to announce that Clio has raised $900M USD in Collection F funding, the biggest of its variety for any cloud-based authorized expertise, worldwide. It’s additionally a outstanding reflection of the work we’ve achieved in our 16 years to pioneer—and proceed to steer—the event of cloud-based authorized expertise. Most significantly, it’s all been in pursuit of our mission to rework the authorized expertise for all.

With this funding, we’ve expanded our staff of companions to incorporate the esteemed New Enterprise Associates (NEA), which led our newest funding spherical, in addition to new companions Goldman Sachs Asset Administration, Sixth Avenue Development, CapitalG, and Tidemark, who be part of our present buyers. Between them, these corporations have been concerned in among the largest, most fun development tales inside the previous 20 years—together with Fb, Netflix, Salesforce, Uber, Workday, Dropbox, AirBnB, and Spotify. Every of those corporations has had a transformative impact on their industries—and we plan to proceed to have simply as a lot of an influence in our work to empower authorized professionals to redefine success in their very own practices.

What does this imply for you?

This new funding marks a brand new stage of development for Clio that can be sure that we proceed main innovation and development in legaltech via our portfolio of merchandise. In different phrases, in the event you’re a authorized skilled who makes use of Clio, you’ll proceed to see extra advantages from partnering with the world’s main authorized expertise supplier. We’ve already made nice strides within the previous yr to boost the options and capabilities inside Clio Handle, Clio Develop, Clio Draft, and Clio Funds—that is along with launching a devoted module for private damage practices, plus two of our largest product releases with Clio File and Clio Accounting. This yr, we’re additionally introducing Clio Duo, our generative AI answer that can help attorneys with routine duties and supply insights into easy methods to run extra environment friendly practices.

Trying ahead, this funding will help our imaginative and prescient for legaltech innovation and open thrilling new doorways for us.

I’m energized by this information, and I’m additionally grateful to those that’ve joined us in our mission. I’m extremely proud to say that Clio is authorised by over 100 bar associations and legislation societies, worldwide, together with all 50 US States. Clio’s App Listing additionally options over 250 integrations. And, we help numerous legislation college students via our work with authorized clinics concerned in our Clio’s Tutorial Entry Program (CAAP). That is along with the various Clio Channel Companions we work with to convey Clio to an ever-growing group of tech-forward legislation corporations. To the entire many companions we work with, thanks to your ongoing companies and collaboration.

After all it goes with out saying that none of this could have been potential with out Crew Clio. Thanks to each Clion on our roster, which stands in the present day at over 1,100 workers.

And at last, an enormous thanks to our prospects. We’re immensely happy with every part we’ve achieved thus far. I wish to share my gratitude to your funding and belief in us as we proceed to ship the perfect that legaltech has to supply.

When you’d prefer to be taught extra about our imaginative and prescient, legaltech, and innovation to your legislation agency—and to see our upcoming product bulletins firsthand—I invite you to affix me in Austin, Texas, this October for the Clio Cloud Convention, the largest and most fun occasion in authorized. Tickets to attend in particular person and just about are nonetheless obtainable, so get them when you can.

Within the meantime, keep tuned—we are able to’t wait to begin this thrilling subsequent chapter with you all.