Emerging and High Growth Companies

Clio in its record-setting US$900-million Series F investment round led by New Enterprise Associates (NEA)

Clio
Key Contact
Mark Longo

Vancouver Managing Partner, Vancouver

Team
Martin Smith

Associate, Emerging and High Growth Companies, Vancouver

Ian Nelson

Associate, Emerging and High Growth Companies, Vancouver

Jacques Du Plessis

Partner, Emerging and High Growth Companies, Vancouver

Sylvia McLean (née Rowat)

Associate, Emerging and High Growth Companies, Vancouver

Arkie Liu

Associate, Emerging and High Growth Companies, Vancouver

Christina Brown

Paralegal, Emerging and High Growth Companies, Vancouver

Alex Pescitelli

Articling Student, Vancouver

Pavit Sethi, CFA

Senior Practice Financial Analyst, Emerging and High Growth Companies, Vancouver

Dov Begun

Partner, Tax, Toronto

Edward Rowe

Partner, Tax, Calgary

Jennifer Horton

Associate, Tax, Toronto

Tatum Miller

Associate, Tax, Vancouver

On July 23, 2024, Clio announced the closing of its US$900-million Series F investment round, at a US$3-billion valuation, led by New Enterprise Associates (NEA) and including new investors Goldman Sachs Asset Management, Sixth Street, CapitalG, and Tidemark. This deal represents the largest venture investment and growth equity financing in Canada’s technology sector in history.

Clio has revolutionized the landscape of legal technology, emerging as the undisputed leader of innovation and integration. By offering advanced yet intuitive legal software, Clio has redefined efficiency and client service, setting the standard for legal professionals across the globe. With an unwavering commitment to groundbreaking innovation and customer success, Clio stands as the preeminent authority in legaltech, continuously pushing the boundaries of the sector’s evolution.

Osler, Hoskin & Harcourt LLP represented Clio as counsel on the transaction with a team led by Mark Longo (Emerging and High Growth Companies) and consisting of Martin Smith, Ian Nelson, Jacques Du Plessis, Sylvia Rowat, Arkie Liu, Christina Brown, Alex Pescitelli and Pavit Sethi (Emerging and High Growth Companies), Dov Begun, Edward Rowe, Jennifer Horton and Tatum Miller (Tax).

Value
US$900 million
Date Announced
Jul 23, 2024
Lead Office
Vancouver
Key Contact
Mark Longo

Vancouver Managing Partner, Vancouver

Team
Martin Smith

Associate, Emerging and High Growth Companies, Vancouver

Ian Nelson

Associate, Emerging and High Growth Companies, Vancouver

Jacques Du Plessis

Partner, Emerging and High Growth Companies, Vancouver

Sylvia McLean (née Rowat)

Associate, Emerging and High Growth Companies, Vancouver

Arkie Liu

Associate, Emerging and High Growth Companies, Vancouver

Christina Brown

Paralegal, Emerging and High Growth Companies, Vancouver

Alex Pescitelli

Articling Student, Vancouver

Pavit Sethi, CFA

Senior Practice Financial Analyst, Emerging and High Growth Companies, Vancouver

Dov Begun

Partner, Tax, Toronto

Edward Rowe

Partner, Tax, Calgary

Jennifer Horton

Associate, Tax, Toronto

Tatum Miller

Associate, Tax, Vancouver