Clio Raises $110M Series E Funding; Valued at $1.6 Billion

29 Apr, 2021

Clio Raises $110M Series E Funding; Valued at $1.6 Billion
Photo by Kelvin Zyteng on Unsplash

– Clio is a Vancouver, BC, Canada-based provider of a cloud-based legal technology platform.
– The company raised US$110M in Series E funding.
– The round was led by funds and accounts advised by T. Rowe Price Associates, Inc. and also included Omers Growth Equity.
– The new investment will be used to further invest in its platform, strategic acquisitions, partnerships and to grow its workforce by 250 employees in 2021, with a focus on bolstering its product and engineering teams to continue innovating and evolving its product offerings.
– Clio currently employs over 500 staff across five global offices.

CRM Legal Legal Tech North America Software
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