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CLIO
Clio
Legal technology (law practice management software) · Burnaby · Canada · Founded · 2007 · ≈ · 1,000 · employees

Clio Funding — Last Valued at $5B

Private

Clio has raised $2.8B across 4 funding rounds, plus 3 undated rounds. The latest round valued Clio at $5B post-money, with NEA on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Clio funding · at a glance
Total raised, all rounds
$2.8B
sum of disclosed sizes
Funding rounds
4
plus 3 undated rounds
Latest round
$5B
post-money · May 2026
Lead on that event
NEA
TCV, Goldman Sachs, Sixth Street Growth, JMI Equity
2026
About Clio

Clio raised a $250 million Series D from TCV and JMI Equity in 2019, then a $110 million Series E in 2021 at a $1.6 billion valuation. A $900 million Series F followed in July 2024, and in November 2025 the company announced the acquisition of vLex for $1 billion alongside a $5 billion valuation.

Funding timeline

The Clio funding timeline

4 funding rounds, the latest highlighted.

2007
Clio founded

Clio was founded in 2007, Canada.

UNDATED
vLex acquisition / valuation announcement, Series B, Series C

No date is disclosed for this round.

SEP 2019
Series D

A primary round — the company sells new shares to investors it selects. $250M raised, led by TCV, JMI Equity.

Valuation basisAmount$250MPrice / shareLeadTCV, JMI Equity
APR 2021
Series E at $1.6B post-money

A primary round — the company sells new shares to investors it selects. $110M raised.

Valuation basispost-moneyAmount$110MPrice / shareLead
JUL 2024

A primary round — the company sells new shares to investors it selects. $900M raised, led by New Enterprise Associates.

Valuation basisAmount$900MPrice / shareLeadNew Enterprise Associates
MAY 2026LATEST
Series G at $5B post-money

TCV, Goldman Sachs, Sixth Street Growth, JMI Equity. $500M raised, led by NEA.

Valuation basispost-moneyAmount$500MPrice / shareLeadNEA
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Clio funding rounds in full

4 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series G LATEST
May 2026
$500M
$5Bpost-money
—
NEA
TCV, Goldman Sachs, Sixth Street Growth, JMI Equity
Series F
Jul 2024
$900M
$3B
—
New Enterprise Associates
—
Series E
Apr 2021
$110M
$1.6Bpost-money
—
—
—
Series D
Sep 2019
$250M
—
—
TCV, JMI Equity
—
vLex acquisition / valuation announcement
—
$1B
$5Bpost-money
—
—
Reflects the acquisition price; valuation announced alongside it.
Series B
—
$6M
—
—
—
—
Series C
—
$20M
—
—
Bessemer Venture Partners
Acton Capital Partners
Clio · investors

Investors

Bessemer Venture PartnersLEADNEALEADNew Enterprise AssociatesLEADTCVLEADJJMI EquityLEADAActon Capital Partners

Frequently asked questions

What is Clio's valuation?›

The last valuation is $5B (post-money, May 2026).

Who has invested in Clio?›

Lead investors for each round are in the funding timeline.

Who are Clio's competitors?›

The closest legal technology (law practice management software) peers are on the competitors page.

How can I get exposure to Clio?›

The routes section explains what is realistically available for a company at this stage.

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