Valuation
$3B
2024 Revenue
$200M
Customers
70
Funding
$1.3B
Avg ACV
$2.9M
Team · 2025
1.8K
Founded
2008
Clio Revenue, Valuation & Funding (2024)
Clio generated $200M in revenue in 2024.
Clio provides cloud-based practice management software for the legal industry. Clio's platform offers a range of features, including time tracking, billing and invoicing, document management, client communication, and legal research, to help law firms manage their day-to-day operations more efficiently.
Last updated
Clio Revenue
In 2024, Clio's revenue reached $200M. The company previously reported $229.4M in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Clio Hit $200m revenue in March 2024 | Not recorded |
| 2023 | Clio Hit $229.4m revenue in November 2023 | Not recorded |
| 2022 | Clio Hit $143.7m revenue in November 2022 | Not recorded |
| 2021 | Clio Hit $100m revenue in January 2021 | Not recorded |
| 2020 | Clio Hit $50m revenue in August 2020 | Not recorded |
| 2008 | Launched with $0 revenue |
Clio Valuation, Funding Rounds
Clio reached a $3B valuation in 2024, set during its Series F round.
Clio has raised $1.3B in total funding across 5 rounds, most recently a $900M Series F round in 2024.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2024 | Series F | $900M | $3B | 30% | Not recorded |
| 2021 | Series E | $110M | - | - | Not recorded |
| 2019 | Series D | $250M | - | - | Not recorded |
| 2014 | Series C | $20M | - | - | Not recorded |
| 2012 | Series B | $6M | - | - | Not recorded |
Founders
Jack Newton
CEO
Jack Newton is the Chief Executive Officer and Co-founder of Clio. An experienced business leader, software developer, and entrepreneur, Jack began his career with a snow-shoveling business and a foray into the life sciences industry before focusing his strategic vision on making Clio the leader in legal cloud computing. Despite his hectic schedule, he has made time to run every day for the last 20 years.
Customers
Clio serves 70 customers.
Clio Employees & Team Size
Clio employs approximately 1.8K people as of 2026, up from 1.3K in 2024. It serves 70 customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 1.8K employees (November 2025) | Not recorded |
| 2024 | Reached 1.3K employees (September 2024) | Not recorded |
| 2023 | Reached 1K employees (November 2023) | Not recorded |
| 2022 | Reached 640 employees (November 2022) | Not recorded |
| 2021 | Reached 446 employees (November 2021) | Not recorded |
| 2020 | Reached 251 employees (November 2020) | Not recorded |
| 2020 | Reached 251 employees (August 2020) | Not recorded |
Frequently Asked Questions about Clio
What is Clio's revenue?
As of 2024, Clio generated $200M in revenue.
Who founded Clio?
Clio was founded by Rian Gauvreau.
Who is the CEO of Clio?
The CEO of Clio is Jack Newton.
How much funding does Clio have?
Clio raised $1.3B across 5 rounds.
How many employees does Clio have?
As of 2025, Clio had 1.8K employees.
Where is Clio headquartered?
Clio is headquartered in Washington, District Of Columbia, United States.
Compare Clio to the industry
Clio operates across multiple industries. Browse revenue, funding, and growth data for Clio in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
ThoughtSpot
ThoughtSpot is a software company that provides a search and AI-driven analytics platform for...
Apollo.io
Apollo.io is a sales engagement and prospecting platform that helps businesses generate leads and...
Hugging Face
The AI community building the future.
Zenbusiness
ZenBusiness is an Austin-based platform that helps solopreneurs and first-time small business...
ID.me
ID.me is an online identity verification company that provides a digital wallet and authentication...
SmartMore
SmartMore is a fast-growing high-tech company specialized in providing comprehensive products &...
