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Clio’s Six-Year Calgary Journey Culminates in USD $900M Series F Round

July 23, 2024 by Robert Lewis Leave a Comment

Clio made its way to Calgary in 2018 and hasn’t looked back since.

“With our new office launch, we’re putting down roots and committing to growing our Calgary team,” said Jack Newton, CEO and Co-founder of Clio. “The tech community here is tight-knit and collaborative, working together to make Calgary a standout tech hub in North America. We’re honored to be part of this movement.”

Headquartered in Burnaby, British Columbia, Clio boasts over 1,100 employees spread across key locations in North America, EMEA, and APAC regions. According to LinkedIn, more than 100 of these employees are based in Alberta and the global leader in legal tech continues to hire in Calgary.

Today, Clio announced a historic achievement: the largest investment round in Canadian history, securing a USD $900 million Series F round at a USD $3 billion valuation.

This new capital will help Clio expand its multi-product platform, with significant investments in its growing AI portfolio and integrated legal payments. The funds will also accelerate Clio’s rapid market expansion, both upmarket and internationally.

For 16 years, Clio has been a pioneer in creating innovative, cloud-based solutions tailored to the legal industry’s unique needs.

Clio serves as the operating system for law firms, streamlining every aspect of the legal process. It simplifies law firm management by centralizing client intake, case management, document management, legal payments, and more.

With over 250 legal technology software integrations, Clio is the world’s largest legal technology platform, endorsed by more than 100 law societies and bar associations worldwide.

Clio’s all-in-one payments business has taken off since its launch in 2022, now processing billions of dollars annually in legal-specific transactions across the United States, Canada, and the United Kingdom.

Filed Under: News Tagged With: Clio

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