US EditionLegal AI Firm Clio Valued at $5 Billion in Latest Funding Round
Clio's $500 million equity financing led by New Enterprise Associates supports acquisitions doubling its global legal software market and reaching 400,000 legal professionals.
- On Nov. 10, 2025, Clio completed its $1 billion acquisition of vLex and closed a $500 million Series G led by New Enterprise Associates that values the company at $5 billion.
- Clio is shifting from practice management into legal research to create an Intelligent Legal Work Platform, a move CEO Jack Newton called `This is a defining moment for Clio and for the legal industry` last month.
- Clio currently generates US$400-million in revenue, is profitable, and is used by more than 400,000 legal professionals, while Vincent AI draws on more than one billion documents across 110 jurisdictions.
- The deal expands Clio's enterprise reach through Clio for Enterprise, doubling its global market and positioning it against Thomson Reuters Corp. and LexisNexis.
- Investors, including NEA Co-CEO Tony Florence, say the US$350 million debt facility led by Blackstone and Blue Owl Capital will support transformational moves and future opportunities.
23 Articles
23 Articles
In latest funding round, legal AI firm Clio valued at $5 billion
Legal artificial intelligence company Clio said on Monday it has raised $500 million in a funding round led by New Enterprise Associates (NEA), valuing the company at $5 billion. The funding comes as demand for AI tools that automate professional and office work grows, with firms looking to streamline routine tasks, reduce costs, and improve decision-making. Venture capital firms are pouring significant investments into companies developing such…
Clio raises $500M at $5B valuation and acquires vLex for $1B to create a unified AI-powered legal platform - Tech Startups
Legal tech just had one of its biggest shakeups yet. Clio, the company best known for modernizing how law firms manage their work, has closed a massive $500 million Series G round led by New Enterprise Associates (NEA), valuing the […] The post Clio raises $500M at $5B valuation and acquires vLex for $1B to create a unified AI-powered legal platform first appeared on Tech Startups.
Legal AI technology firm Clio valued at $5 billion in latest funding round
(Reuters) -Legal AI technology company Clio said on Monday it has raised $500 million in a funding round led by New Enterprise Associates (NEA), valuing the company at $5 billion. The funding raise also included participation from existing investors TCV, Goldman Sachs Asset Management, Sixth Street Growth and JMI Equity. Clio said it also completed its $1 billion acquisition of global legal research platform vLex. Clio, which streamlines legal w…
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Legal AI firm Clio valued at $5 billion in latest funding round
Legal artificial intelligence company Clio said on Monday it has raised $500 million in a funding round led by New Enterprise Associates (NEA), valuing the company at $5 billion.The funding comes as demand for AI tools that automate professional and office work grows, with firms looking to streamline routine
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