Clio this week revealed a major financial milestone. The Vancouver-based legal technology pioneer has officially surpassed US$500 million in annual recurring revenue—an achievement which places the Vancouver-based legaltech titan “among a rare class” of global platforms using artificial intelligence to transform the sector, according to a statement from the firm. “The most consequential technology decisions […]
Clio
Clio Expands Into Embedded Finance With Clio Capital Launch
Vancouver-based Clio is pushing further into fintech with the launch of Clio Capital, an embedded funding solution designed to give U.S. law firms direct access to working capital inside its platform. The move builds on Clio’s October 2025 rollout of Pay Later with Affirm and underscores the company’s broader ambition to layer financial services directly […]
Clio’s $5B Valuation Marks Legaltech Milestone
Vancouver’s Clio has completed its US$1 billion acquisition of vLex, in one of the most significant transactions in legaltech history. The closing coincides with Clio’s US$500 million Series G funding round, led by New Enterprise Associates (NEA) and valuing the company at US$5 billion. Together, these milestones accelerate Clio’s evolution as an AI-first company and […]
BC Tech Honours Province’s Innovators at 2025 Technology Impact Awards
The BC Tech Association celebrated the best of British Columbia’s innovation economy tonight at the 2025 Technology Impact Awards (TIAs), held at Parq Vancouver. The annual gala, now in its 31st year, recognized ten standout companies driving the province’s technology growth, culture, and global impact. Clio, the Burnaby-based legaltech unicorn, took home Gamechanger | Deal […]
Clio Acquires vLex in Landmark $1 Billion Deal
Vancouver’s Clio announced today it has signed a definitive agreement to acquire vLex, the legal intelligence pioneer behind Vincent, a groundbreaking AI platform built on the world’s largest global legal research database. Valued at USD $1 billion in a combination of cash and stock, the acquisition marks the most significant transaction in Clio’s 17-year history. […]
Clio and Scorpion Partner to Help Law Firms Link Marketing to Revenue
Vancouver-based legaltech giant Clio has announced a strategic partnership with Utah’s Scorpion, a leading provider of digital marketing solutions for law firms. The alliance aims to solve one of the industry’s longest-standing challenges: connecting marketing investments directly to revenue. As part of the agreement, Scorpion becomes Clio’s sole Preferred Marketing Partner, while Clio takes on […]
Vertical SaaS Will Own the Future, Says Clio CEO at Web Summit
At Web Summit Vancouver, Clio CEO Jack Newton made the case that vertical SaaS platforms—and increasingly, vertical AI—are reshaping industries and creating outsized opportunities for Canadian startups. Taking the main stage in his hometown, Newton began by revisiting a classic idea: “Some of you might recognize the title of this talk as a callback to […]
Clio Appoints a New Chief Product Officer Amid ‘Deeper Investment in AI’
Clio this week announced the appointment of a new Chief Product Officer. The B.C.-born legaltech pioneer has hired John Foreman, who brings over 15 years of leadership experience in SaaS companies, with a track record of building customer centric products. Most recently, Foreman served as Chief Product and Marketing Officer at Podium. Prior to that, […]
Clio to Headline Vancouver Startup Week 2025 as Full Schedule Goes Live
Vancouver Startup Week (VSW) 2025 is officially on—and it’s shaping up to be one of the year’s most anticipated events. Running May 20–23, the event features more than 60 activities across the city, connecting startup founders, investors, industry leaders, and talent from across the innovation ecosystem. Clio, the Vancouver-born legaltech unicorn and global leader in […]
Clio Acquires UK-Based ShareDo to Expand Legal Tech for Large Firms
In 2024, Vancouver-based Clio secured a record-breaking USD $900 million Series F funding round, the largest in Canadian history, to drive legal tech innovation. Today, the company is putting that investment to work with a strategic acquisition. Clio has acquired ShareDo, a UK-based adaptive work management platform, expanding its reach into larger law firms. This […]