The practice management software provider will leverage its latest funding round, which saw participation from Goldman Sachs, to accelerate its growth and product innovation, with plans for a new AI platform in the works.
July 23, 2024 at 08:00 AM
11 minute read
The original version of this story was published on Legaltech News
On Tuesday, Canada-headquartered practice management software provider Clio announced that it raised $900 million in a Series F round led by new investor New Enterprise Associates (NEA), with participation from additional new investors Goldman Sachs, Sixth Street, CapitalG and Tidemark.
The round, which also included a handful of participating existing investors such as TCV and JMI Equity, among others, brings Clio’s total valuation to $3 billion, according to a press release.
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Clio CEO and co-founder Jack Newton. (Courtesy photo)
