Clio Secures $500M Series G Funding Round

Why It Matters

The infusion of $500 million and the vLex acquisition position Clio to dominate the legal‑tech market, accelerating AI‑driven workflow automation and consolidating market share among law firms worldwide.

Deal Summary

Clio, the legal AI platform, announced the closing of a $500 million Series G round, valuing the company at $5 billion. The round was led by New Enterprise Associates and included existing backers TCV, Goldman Sachs Asset Management, Sixth Street Growth and JMI Equity.