Announced
Completed
Synopsis
New Enterprise Associates, a venture capital firm, led a $900m Series F round in Clio, a suite of web-based tools that help law firms in practice management and client collaboration, with participation from Goldman Sachs Asset Management, Sixth Street Growth, CapitalG, and Tidemark. "This historic raise was heavily oversubscribed, further demonstrating the overwhelming demand and confidence in Clio's future. I'm thrilled to embark on this journey with NEA and our group of exceptional investors. The Clio operating system is the undisputed platform of the legal technology sector, engineered to not only meet but anticipate future industry demands. We are pioneering this future for our customers, driven by our mission to transform the legal experience for all. Our commitment to delivering unparalleled value propels every decision we make, and we are inspired by the massive opportunities ahead," Jack Newton, Clio CEO and Founder.
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