What is Clio?
Clio operates as a comprehensive cloud-based software platform specifically engineered for law firms and legal professionals. By centralizing critical workflows—including client intake, case tracking, document management, billing, and payment processing—the company provides an essential digital infrastructure for modern legal practices. Beyond basic administrative functions, Clio integrates advanced legal research capabilities and artificial intelligence tools, enabling practitioners to automate complex tasks and significantly enhance operational efficiency. Its market position is defined by its ability to serve as the central operating system for legal firms, facilitating a seamless transition from traditional paper-based processes to a fully digitized, data-driven environment.
How much funding has Clio raised?
Clio has raised a total of $1.8B across 7 funding rounds:
Series A
$1M
Series B
$6M
Series C
$20M
Series D
$250M
Series E
$110M
Series F
$900M
Series G
$500M
Series A (2011): $1M, investors not publicly disclosed
Series B (2012): $6M led by Point Nine and Acton Capital Partners
Series C (2014): $20M supported by Bessemer Venture Partners, Acton Capital Partners, VersionOne, and Point Nine
Series D (2019): $250M featuring JMI Equity and Technology Crossover Ventures
Series E (2021): $110M backed by T. Rowe Price Associates and OMERS Growth Equity
Series F (2024): $900M with participation from CapitalG Management, Tidemark, New Enterprise Associates, and Sixth Street Growth
Series G (2025): $500M led by New Enterprise Associates, Goldman Sachs Asset Management, Sixth Street, and JMI Equity
Key Investors in Clio
New Enterprise Associates
Established in 1977 and headquartered in Menlo Park, California, New Enterprise Associates is a venture capital firm focused on helping entrepreneurs build businesses.
Goldman Sachs Asset Management
Goldman Sachs Asset Management is a global investment firm providing comprehensive advisory services and tailored investment solutions for institutions and individuals worldwide.
Sixth Street
Sixth Street is a global investment firm with significant assets under management, known for its strategic stakes in high-growth technology and enterprise companies.
What's next for Clio?
With the infusion of this latest capital, Clio is well-positioned to accelerate its product roadmap and expand its footprint in the enterprise legal software market. The company is expected to leverage these resources to deepen its AI-driven feature set, potentially targeting broader international markets and enhancing its integration ecosystem. As the legal industry continues to undergo rapid digital transformation, Clio's strategic focus will likely remain on scaling its infrastructure to support larger, multi-jurisdictional law firms while maintaining the agility required to innovate within the competitive SaaS landscape.
See full Clio company page
