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Clio Secures $900M Investment, Reaching $3B Valuation

The legal tech firm plans to expand AI and fintech offerings while growing its international and mid-market presence.

  • Clio's Series F round led by New Enterprise Associates, with participation from Goldman Sachs and others.
  • The company has more than doubled its valuation from $1.6 billion in 2021 to $3 billion.
  • Clio aims to enhance its AI capabilities and expand its fintech products, including legal-specific payment solutions.
  • The firm serves over 150,000 legal professionals and generates $200 million in annual recurring revenue.
  • Clio plans to use the new funds to explore international markets and increase its mid-sized law firm clientele.
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