Canadian Legal Tech Firm Clio Raises Record US$900 Million, Valued at US$3 Billion

Jul 23, 2024, 12:15 PM

Canadian legal tech firm Clio has set a new record in Canadian tech financing by raising US$900 million, bringing its valuation to US$3 billion. The British Columbia-based company's substantial fundraise is expected to transform the legal experience through its cloud-based technology, which aims to help law practices run more efficiently. Clio also plans to enhance its offerings by doubling down on AI and fintech, resetting the clock on its IPO plans.