
Clio
Clio is cloud legal practice management software for case management, time tracking, billing and client intake at law firms.
Lystem
Lystem is a legal operations platform for law firms and legal teams, integrating case and matter management, hearings, tasks, HR workflows, accounting, reporting, and role-based access.
Clio vs Lystem
At a Glance
| Detail | Clio | Lystem |
|---|---|---|
| Category | Practice Mgmt | Practice Mgmt |
| Total raised | $1.79B | Not disclosed |
| Rounds tracked | 6 | Not disclosed |
| Latest round | Series G, $500M · Nov 2025 | Not disclosed |
| Last valuation | $5B | Not disclosed |
| Lead investors | New Enterprise Associates, TCV, JMI Equity, T. Rowe Price | Not disclosed |
| Built for | Mid-size firms, Boutiques | Not disclosed |
| Headquarters | Canada | United Arab Emirates |
Funding, Side by Side
Clio rounds
- Nov 2025Series G$500M
- Jul 2024Series F$900M
- Apr 2021Series E$110M
- Sep 2019Series D$250M
- Mar 2014Series C$20M
- Jan 2012Series B$6M
Lystem rounds
No public rounds tracked yet.
Our Take
We have not tested these two head to head yet. The numbers above come from public funding announcements. If you use either one, tell us what you found and it may become a Field Note.
Quick Answers
- Which has raised more, Clio or Lystem?
- Clio has raised $1.79B in disclosed funding, compared with no disclosed amount for Lystem.
- What is Clio best for?
- Clio is cloud legal practice management software for case management, time tracking, billing and client intake at law firms.
- What is Lystem best for?
- Lystem is a legal operations platform for law firms and legal teams, integrating case and matter management, hearings, tasks, HR workflows, accounting, reporting, and role-based access.
Source: Legal Tech Circle funding data, from public announcements. Updated November 10, 2026.