VANCOUVER, BC — November 10, 2025 — Leads & Copy —Clio, a global legal AI technology firm, has finalized its US$1 billion acquisition of vLex, marking one of the most significant mergers and acquisitions in legal technology. The deal coincides with the closing of Clio’s US$500 million Series G funding round, valuing the company at US$5 billion.
The Series G funding round, led by New Enterprise Associates (NEA), also saw participation from existing investors TCV, Goldman Sachs Asset Management, Sixth Street Growth, and JMI Equity.
According to Clio, the merger accelerates its evolution as an AI-first company, reinforcing its position in a new category of legal technology that integrates the business and practice of law. By combining vLex’s global legal intelligence with Clio’s platform, the firm aims to create an environment where AI powers every dimension of legal work.
Jack Newton, CEO and Founder of Clio, said the acquisition brings the company’s mission to transform the legal experience to a new horizon. He added that with vLex as part of Clio, and more than 350 experts in law, data, and technology joining the team, the company is combining the best minds and tools to build the world’s most powerful legal intelligence platform.
The company said that the completion of the vLex acquisition unites Clio’s legal operating system with vLex’s Vincent AI, powered by a global legal database. Together, they form the Intelligent Legal Work Platform, connecting the business and practice of law through AI that understands both the mechanics and substance of legal work.
Clio revealed the Intelligent Legal Work Platform at ClioCon 2025, calling it a shift from a traditional system to a system of action that leverages dynamic intelligence. By combining practice management, research, drafting, and firm operations into connected AI-powered workflows, Clio says it empowers legal professionals to move from insight to action with greater speed and precision.
The company added that through the integration of AI across the full lifecycle of legal work, Clio transforms static information into intelligent systems that continuously learn, adapt, and deliver increasing value over time.
The Intelligent Legal Work Platform, powered by Vincent AI, draws from vLex’s library of more than one billion editorially enriched documents across 110 jurisdictions, according to the release. When combined with Clio’s AI capabilities across Clio Work, Clio Manage, Clio Grow, and Clio Draft, the platform delivers accuracy, efficiency, and confidence in every task, the company said.
The integration of vLex also accelerates Clio’s expansion into the enterprise market, extending its reach from small and midsize firms to the world’s largest legal organizations. This follows Clio’s March 2025 acquisition of ShareDo, which has evolved into Clio Operate, an adaptive work management platform for large firms and corporate legal departments.
Clio Operate delivers configurability, compliance, and collaboration at scale, according to the press release. It unifies workflows, analytics, and matter management across global teams, providing structure with flexibility. Clio Operate is already used by leading firms in the United Kingdom and is now available in the United States and other international markets.
The company said that vLex and Clio Operate will anchor a new era of enterprise innovation through Clio for Enterprise, a division dedicated to serving the complex needs of global legal teams. The combination of Clio’s operational technology with vLex’s legal intelligence connects performance, data, and decision-making through AI that is accurate, court-admissible, and built on trusted legal data.
According to the company, the Series G funding round reflects confidence in Clio’s financial performance and its vision to lead the next era of legal technology. The financing also includes a US$350 million debt facility led by Blackstone (NYSE: BX) and funds managed by Blue Owl Capital (NYSE: OWL).
Curt Sigfstead, Clio’s Chief Financial Officer, said the financing supports transformational moves such as the acquisition of vLex and gives them the flexibility to act quickly on future opportunities that advance their mission and shape the future of legal technology.
The transaction also includes a significant equity component, with Oakley Capital choosing to take Clio stock as part of the transaction.
Goldman Sachs acted as Clio’s exclusive financial advisor. Law firms Osler, Hoskin & Harcourt LLP, Wilson Sonsini Goodrich & Rosati, Gowling WLG, and Pérez-Llorca served as legal counsel to Clio.
J.P. Morgan acted as vLex’s exclusive financial advisor. A&O Shearman served as vLex’s legal counsel.
Learn more about Clio at clio.com.
Source: Clio
