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Legal software company Clio raises massive $900M round to power AI advances
Clio believes t AI will help lawyers by giving them more time to find and serve more people who are currently doing without representation.
Clio is mission critical to law firms, and the company’s best-in-class retention and NPS are testaments to the team’s ability to continuously innovate, deliver immense value, and meet the dynamic needs of the legal sector. Recently, the company announced Clio Duo, a proprietary generative AI solution designed to help lawyers complete routine tasks and leverage firm analytics for more efficient practice management. Amid the recent outage of security provider CrowdStrike that left millions of airport travelers stranded and bank customers frustrated, questions have swirled throughout the tech and business worlds about enterprises being overly reliant on cloud software companies.
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