Canada’s latest unicorn: Clio raises $110M at a $1.6 B appraisal for legal tech
Clio, a software business that assists law practices run more effectively with its cloud-based innovation, announced Tuesday it has raised a $110 million Series E round co-led by T. Rowe Price Associates Inc. and OMERS Growth Equity. The round propels the Vancouver, British Columbia-based company to unicorn status, valuing it at $1.6 billion. Clio last […] Clio last raised in September of 2019 when it brought in $250 million in a Series D funding. With the newest funding, Clio declares that it’s the “very first legal practice management unicorn” worldwide. In 2018, Clio made its first acquisition with its buy of Lexicata, a Los Angeles-based legal tech startup. — TechCrunch” src =”https://techcrunch.com/2021/01/07/with-5-new-unicorns-in-first-week-of-2021-are-we-in-for-a-stampede-this-year/embed/#?secret=oSe0XOWQ6Z”data-secret=” oSe0XOWQ6Z “width=” 800 “height=”450″frameborder=”0 “marginwidth=” 0″marginheight=”0″scrolling=”no” >”Over the next few years we plan to entirely redefine the way legal services are delivered and democratize access to legal help by way of the cloud,”Newton told TechCrunch. …
Recent Comments