Clio Surpasses US$500 Million in Annual Recurring Revenue
Summary
Clio, a global leader in legal AI, has announced that it has surpassed US$500 million in annual recurring revenue (ARR), placing the company among a rare class of global AI platforms that are profitable, accelerating, and category-defining at scale. This milestone follows a period of significant momentum, including the US$1 billion acquisition of vLex, the largest M&A transaction in legal technology history, and a US$500 million Series G funding round led by New Enterprise Associates at a US$5 billion valuation. The company's platform serves hundreds of thousands of legal professionals across more than 130 countries, with growth accelerating across every segment of the legal market. Clio introduced its Intelligent Legal Work Platform in 2025, establishing a new category in legal technology that brings AI to every dimension of legal work. The platform connects the workflows legal professionals rely on to acquire and serve clients, manage matters, and run their firms within a single experience. Clio has deployed agentic capabilities across its platform, allowing AI to execute complete legal workflows from a single instruction. The company's trajectory began in 2008, and it operates across offices in Vancouver, Toronto, Calgary, London, Manchester, Dublin, Sydney, Barcelona, and Bogota. Clio is trusted by hundreds of thousands of legal professionals in more than 130 countries and is approved by over 100 bar associations and law societies worldwide.
(Source:PR Newswire UK)