Clio Completes Historic $1B vLex Acquisition, Secures $500M Series G Funding
On November 10, 2025, Clio, a leading name in legal AI technology, announced the successful completion of its monumental $1 billion acquisition of vLex, marking the largest merger and acquisition (M&A) deal in the legal technology sector to date. As part of this significant milestone, Clio also secured $500 million in a Series G funding round that pushes its valuation to $5 billion. The funding round, led by New Enterprise Associates (NEA), included participation from prominent investors such as TCV, Goldman Sachs Asset Management, Sixth Street Growth, and JMI Equity.
This landmark acquisition and funding not only signify Clio's growth trajectory as an AI-centric company but also highlight its commitment to revolutionizing legal practices. The acquisition of vLex, a platform known for its vast global legal intelligence, aims to create a fully integrated environment where AI enhances every aspect of legal work. As Clio's CEO and founder, Jack Newton, stated, "This defining moment propels our mission to transform the legal experience across the board. With the integration of vLex and its roster of over 350 experts in law and technology, we are engineering the most formidable legal intelligence platform in existence."
With the vLex acquisition, Clio now offers an 'Intelligent Legal Work Platform.' This innovative platform merges Clio's comprehensive legal operating system with vLex's advanced Vincent AI, which utilizes one of the world's most extensive global legal databases. This combination fosters a robust environment where the business and practice of law can converge effectively through AI that understands both legal mechanics and substantive law. The Intelligent Legal Work Platform represents a pivot from traditional legal workflows toward dynamic intelligence, enabling legal professionals to transition from insights to actionable decisions with increased speed and precision.
Clio's enhancements do not stop with individual firms. The acquisition extends Clio's footprint into larger enterprises, following its March 2025 acquisition of ShareDo, which evolved into Clio Operate. This adaptive work management solution is tailored for large firms and corporate legal departments, optimizing workflows and offering the collaborative tools required by global teams. Clio Operate integrates analytics, matter management, and compliance features, making it ideal for the complexities of large law firms.
With the emergence of Clio for Enterprise, Clio is sharpening its focus on catering to the intricate needs of substantial legal teams worldwide. This unit aims to provide operational technology paired with legal intelligence, facilitating data-driven decision-making using AI rooted in verifiable legal data.
Investors have expressed utmost confidence in Clio’s strategic direction, notably NEA, which emphasized Clio’s clarity and ambition as hallmarks of market leadership. According to Tony Florence, Co-CEO at NEA, "Clio has cultivated one of the most trusted platforms in legal technology, and its innovative application of AI is transforming workflows across the profession. We look forward to partnering with Jack and his team during this exciting growth phase, firmly believing that Clio's strategic foresight will position it as an industry leader for years to come."
To facilitate this ambitious expansion, Clio also secured a strategic $350 million debt facility, with Blackstone and Blue Owl Capital leading the effort. These financial partnerships are crucial for future developments and will allow Clio to capitalize on emerging opportunities that align with its mission to shape the future of legal technology.
The intricate details of this acquisition also feature Oakley Capital—a European private equity firm and majority stakeholder in vLex—who opted to convert part of their stake into Clio stock. Newton hailed this move as a testament to Oakley’s confidence in Clio’s vision and the potential this merger holds in transforming the legal landscape.
Providing holistic legal solutions and cutting-edge AI tools, Clio is set to lead the next wave of innovation within the legal sector, shaping not only firms’ operations but also enhancing the overall legal experience worldwide. For more insights into how Clio is redefining legal work, interested parties can learn more at clio.com.