IN THE HEADLINES

Here’s what’s making news this week.

Clio has now raised (what is being said to be) the largest round of fundraising for a Canadian tech company.

This also skyrockets Clio’s valuation to a staggering $3B USD (up from $1.6b in 2021)

What is Clio?

Established in 2008, Clio has been empowering law firms to enhance their efficiency through innovative technology solutions. Their comprehensive software suite supports a range of essential functions, including billing, client intake, case management, document management, and more.

Initially catering primarily to smaller law practices, Clio's offerings have gained traction among larger firms as well.

Clio's products facilitate seamless interactions with courts, enabling lawyers to e-file documents with ease. The integration of artificial intelligence (AI) into their applications has further enhanced the capabilities and effectiveness of their solutions.

Why are we talking about this?

Rounds of fundraising, especially of this magnitude, are rare. The Canadian market, which is seen as being far more conservative and risk-averse, has not seen many large rounds of funding come together often.

To see another company not only reach unicorn status but well exceed it, is worth talking about.

Let’s go back to the beginning

TechTO has been fortunate to feature many stand-out founders on our stages, and that includes the Founder and CEO of Clio, Jack Newton.

He joined us back in 2016 at one of our events in Vancouver to share knowledge about customers, growth, and exactly what Clio was trying to achieve.

Given the position they are in now, we find this wisdom fascinating and hope you will too.

TODAY’S POLL

PARTNER CONTENT

Founders always get the credit, so we’re partnering with Humi to acknowledge the important work of some of tech’s top operators.

We’re calling on the community to nominate your top operators in tech (Leaders in Finance, Ops, or HR roles) to celebrate their achievements, together.

Why nominate someone?

• Networking Opportunities: You’ll get an invite to the celebration of the winners if your nominee is accepted

• Recognition of Peers: This is a great way to acknowledge the hard work and achievements of colleagues and can boost their morale.

• Promote Excellence: You’re helping to highlight top performers that can set a benchmark for excellence within your team or network

• Company Prestige: You’re helping to demonstrate that your company has award-winning employees, which is good for prestige and your employer brand

• Career Development: Nominating someone can highlight your ability to recognize talent and leadership, which can positively impact you.

What are you waiting for?

UPCOMING EVENTS

Make some time for our upcoming TechTO events. See what’s coming up for the community and ensure you’re on the list!

👏TechTO: Together | August 12, 2024 - TechTO features in-depth conversations with technology leaders, innovators, and entrepreneurs. Our TechTO: Together series gives access to exclusive venues, speakers, food, and more! More announcements coming soon!

🛩️ TechTO: Travel | September 16, 2024 - Travel returns, featuring the experts and leaders who have big things to share in regard to the travel tech space. Learn how travel has evolved, and everything you need to know about the future.

👏TechTO: Together | September 17, 2024 - The most popular TechTO event returns to Rotman to bring you more insights, perspectives, and expert opinions from inside the Canadian Tech Ecosystem. It’s what investors, innovators, and tech professionals need to know.

Visit our events page to see everything we have coming up for the community! New events are announced every month!

SPEAK AT TECHTO

Have a unique business or Founder’s journey to share? Come and speak at TechTO!

If you’re building something amazing, impacting the tech ecosystem in Canada, or know anyone doing the same - we want to hear from you!

Recommend your friends, colleagues or even yourself for a potential speaking opportunity at a future TechTO event.

It’s your chance to share your story, inspire others, and offer wisdom to many aspiring tech leaders at our in-person events. Our events see thousands join annually to gain inspiration and find direction from founders in the ecosystem.

Interested or know anyone who might be? Reach out to us at [email protected]