Culture leaderEntreprise phare · Burnaby · BC · SaaS
Clio
Proof that a Canadian software company can be both human and high-performing
Clio built the operating system for law firms from Burnaby and has spent seven straight years on Canada's Top 100 Employers list while doing it. Its culture rests on flexible, distributed work and published pay ranges, and Canada's largest software financings have now turned it into a global acquirer.
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Profil rédigé en anglais pour l’instant; les sources sont liées.
01 · CultureCulture
How they workLeur façon de travailler
Our viewNotre avisClio is one of the most consistently recognized employers in Canadian tech: seven consecutive years on Canada's Top 100 Employers, nine on BC's Top Employers, and a 2025 Most Admired Corporate Culture. Two choices make it stand out. It publishes pay transparency on every global role, and its 'Distributed by Design' model treats flexibility as deliberate rather than a pandemic leftover.
RecognitionReconnaissances
- Canada's Top 100 Employers (7th consecutive year)Mediacorp Canada · 2026
- Canada's Top 100 EmployersMediacorp Canada · 2025
- BC's Top Employers (9th consecutive year)Mediacorp Canada · 2026
- Canada's Most Admired Corporate CulturesWaterstone Human Capital · 2025
In their wordsDans leurs mots
“We refuse to compromise on being both human and high-performing—at Clio, every decision we make takes both into account.”
“Our greatest competitive advantage is our people.”
“We founded Clio to transform the legal experience for all, and this milestone brings that mission to a new horizon.”
In practiceEn pratique
- Pay transparencyClio states it gives access to pay transparency on all of its global roles and commits to equitable compensation regardless of gender, race or other identifying factors. (2026) source ↗
- Distributed by Design / hybrid workMost roles are hybrid, pairing remote flexibility with intentional in-person connection; Clio cites its 'Distributed by Design' approach as a reason for its Top 100 Employers win. (2025) source ↗
- Parental top-upNew-parent top-up and parental leave for both birthing and non-birthing parents. (2025) source ↗
- Flexible paid time offFlexible PTO with a minimum of four weeks. (2026) source ↗
- Learning and coachingSpecialized learning and development programs plus access to an in-house performance coach. (2026) source ↗
- Employee equityCompany equity for applicable employees. (2026) source ↗
02 · CapabilitiesSavoir-faire
What they do bestCe qu’elles font de mieux
Our viewNotre avisClio started as cloud practice management for small law firms and now spans the whole legal workflow, from Clio Manage to its AI workspace Clio Work and vLex's Vincent research platform. The vLex deal added a legal database of more than a billion documents across 110 jurisdictions. Clio passed US$500 million in annual recurring revenue in 2026 and says it is profitable while still accelerating.
Cloud practice management for law firms
Clio Manage runs matters, billing and client work for legal professionals in 130+ countries, approved by more than 100 bar associations and law societies. source ↗
Legal AI and research
The US$1 billion vLex acquisition brought Vincent AI and a legal database of over 1 billion documents across 110 jurisdictions, plus 350+ legal, data and technology experts. source ↗
Profitable growth at scale
Clio reports it surpassed US$500 million ARR and is profitable while growth accelerates. source ↗
03 · CapitalCapital
Who backs them, and what they backQui les soutient, et ce qu’elles soutiennent
Venture-backed
Our viewNotre avisClio is venture-backed and privately held, with back-to-back records for Canadian software: a US$900 million Series F in 2024 and a US$500 million Series G at a US$5 billion valuation in 2025, both led by NEA. It now deploys that capital as an acquirer. The US$1 billion vLex purchase is described as the largest M&A deal in legal tech history.
FundingFinancement
| DateDate | RoundRonde | AmountMontant | InvestorsInvestisseurs |
|---|---|---|---|
| 2025-11 | Series G | US$500M (plus US$350M debt facility led by Blackstone and Blue Owl) | New Enterprise Associates (lead), TCV, Goldman Sachs Asset Management, Sixth Street Growth, JMI Equity source ↗ |
| 2024-07 | Series F | US$900M at US$3B valuation | New Enterprise Associates (lead), Goldman Sachs Asset Management, Sixth Street Growth, CapitalG, Tidemark, TCV, JMI Equity, T. Rowe Price, OMERS source ↗ |
Capital they deployLes capitaux qu’elles déploient
- Acquisition of vLexUS$1 billion acquisition of the global legal intelligence company (Vincent AI); majority shareholder Oakley Capital took Clio stock as part of the deal. · 2025-11 source ↗
- Acquisition of ShareDoMatter-management platform for larger firms, rebranded as Clio Operate. · 2025-03 source ↗
What we could not confirm (2)Ce que nous n’avons pas pu confirmer (2)
- Total capital raised to date (no single primary figure found)
- HQ city: Clio's Top 100 release says Burnaby, BC, while its BC's Top Employers release says Vancouver
CheckedVérifié le 2026-10-05
Why it matters in VancouverPourquoi c’est important à Vancouver
Legal practice-management software, Burnaby; raised US$500M Series G at US$5B valuation (Nov 2025) alongside US$1B vLex acquisition
Metro Vancouver's most valuable private tech company
SourceSource: SaaS News, Clio Secures $500M Series G at $5B Valuation