The Vancouver-born legaltech giant’s landmark deal with vLex and $500 million Series G funding round mark a defining moment for AI in law.
Clio has completed its US$1 billion acquisition of vLex, in one of the most significant transactions in legal technology history. The closing coincides with Clio’s US$500 million Series G funding round, led by New Enterprise Associates (NEA) and valuing the company at US$5 billion.
Other participants in the round include existing investors TCV, Goldman Sachs Asset Management, Sixth Street Growth, and JMI Equity, while Blackstone and Blue Owl Capital have provided an additional US$350 million debt facility to support future strategic growth.
Together, these milestones accelerate Clio’s evolution as an AI-first company and cement its leadership in a new category of legal technology that unites the business and practice of law through intelligent, connected systems.
“This is a defining moment for Clio and for the legal industry,” said Jack Newton, CEO and Founder of Clio. “With vLex now part of Clio, and 350+ experts in law, data, and technology joining our team, we are combining the best minds and the best tools to build the world’s most powerful legal intelligence platform — one that will define how legal work is done for generations to come.”
Building the Intelligent Legal Work Platform
The acquisition brings together Clio’s legal operating system with vLex’s Vincent AI, powered by one of the world’s largest libraries of legal data — more than one billion editorially enriched documents across 110 jurisdictions. The result is the Intelligent Legal Work Platform, an integrated system that transforms the traditional legal workflow into an AI-driven “system of action.”
Revealed at ClioCon 2025, the platform connects practice management, research, drafting, and firm operations into dynamic, data-aware workflows. Through deep AI integration across Clio Manage, Clio Grow, Clio Work, and Clio Draft, it helps lawyers move from insight to action faster, with greater accuracy and confidence.
Expanding Enterprise Reach
The vLex acquisition also propels Clio’s expansion into the enterprise market. It follows Clio’s March 2025 acquisition of ShareDo, now rebranded as Clio Operate — an adaptive work management system designed for large firms and corporate legal departments.
Already used by leading U.K. firms, Clio Operate offers configurability, compliance, and collaboration at scale. Now, through Clio for Enterprise, the company plans to deliver an integrated platform that connects performance, data, and decision-making across global legal organizations.
“The addition of vLex and expansion of Clio Operate anchor a new era of enterprise innovation,” said Newton. “Together, we’re building a connected ecosystem where AI powers every dimension of legal work — from research and drafting to analytics and client service.”
Investor Confidence in Legal AI
The Series G funding reflects strong investor confidence in Clio’s trajectory and its role in leading the AI transformation of legal services.
“Clio continues to demonstrate the clarity, execution, and ambition that define enduring market leaders,” said Tony Florence, Co-CEO at NEA. “Its integration of AI is reshaping how work is done across the profession, and we believe Clio’s vision and financial strength position it to lead this industry for decades to come.”
In a show of long-term alignment, Oakley Capital, vLex’s majority shareholder, opted to take Clio stock as part of the transaction — joining Clio’s roster of global partners and investors.
“Oakley’s decision to become a shareholder in Clio is an incredible vote of confidence,” Newton added. “They share our belief in the transformative potential of AI in law and the global opportunity ahead.”
With a strengthened financial foundation, expanded enterprise portfolio, and unparalleled AI infrastructure, Clio is poised to redefine how legal professionals work — transforming the world’s legal information into connected intelligence.