At a Glance
| Detail | Clio | Nexl |
|---|---|---|
| Category | Practice Mgmt | Practice Mgmt |
| Total raised | $1.79B | $27M |
| Rounds tracked | 6 | 2 |
| Latest round | Series G, $500M · Nov 2025 | Series B, $23M · Oct 2025 |
| Last valuation | $5B | Not disclosed |
| Lead investors | New Enterprise Associates, TCV, JMI Equity, T. Rowe Price | Tidemark Capital, EVP |
| Built for | Mid-size firms, Boutiques | Not disclosed |
| Headquarters | Canada | Australia |
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
Nexl rounds
- Oct 2025Series B$23M
- Mar 2023Undisclosed$4M
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 Nexl?
- Clio has raised $1.79B in disclosed funding, compared with $27M for Nexl.
- Do Clio and Nexl share investors?
- No. None of the investors we track have backed both companies.
- 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 Nexl best for?
- CRM and growth platform for law firms.
Source: Legal Tech Circle funding data, from public announcements. Updated November 10, 2026.