Canadian Legal Tech Company, Clio, Acquires UK-based ShareDo
In a strategic move to expand its services to large law firms, BC-based legal technology company Clio has acquired UK-based ShareDo. Founded in 2011, ShareDo is a provider of adaptive work management platforms designed to streamline workflows, enhance efficiency and maximize profitability for mid- to large-sized law firms, corporate legal teams, and insurance companies.
This acquisition follows Clio’s landmark US$900 million Series F funding round in July 2024, the largest in Canadian history, and enables Clio to offer a fully comprehensive solution for law firms of all sizes. The acquisition also bolsters Clio’s international presence, with ShareDo having a strong foothold in the UK and a growing base in the United States, Canada and Australia.
This strategic move positions Clio as a leader in the legal technology sector, empowering the company to deliver innovative and efficient solutions that address the evolving demands of the legal industry.
Author: Matthew Stackhouse
Photo Credit: https://unsplash.com/@anniespratt
Photo Credit: https://unsplash.com/@anniespratt
Expertise
Insights
-
Technology
OpenAI and US Department of Defense Agree to Terms for AI Deployment in Military Settings
OpenAI has announced a deal with the United States Department of Defense (the “DoD”) that will allow the United States military to deploy advanced artificial intelligence systems within classified… -
Technology
Reinventing Cement: CURA’s Path to Reducing CO₂ Emissions
Global average atmospheric carbon dioxide (“CO₂”) concentrations have climbed roughly 25 percent since 1980. This is largely driven by fossil fuel combustion and intensifying wildfires, as the… -
Technology
Carbon Robotics’ Large Plant Model Brings Real-Time Plant ID to Laser Weeding
Carbon Robotics, the Seattle startup behind the LaserWeeder – a robot fleet that uses lasers to eliminate weeds – has introduced a new AI system called the Large Plant Model (“LPM”). The company says… -
Technology
Etsy to sell Depop, Gen Z’s Favourite Hub for Vintage Clothing, to eBay This Year
According to a recent article from TechCrunch, virtual retailer Etsy is selling Depop, Gen Z’s preferred online platform for buying and selling vintage clothing, to eBay for US$1.2 billion in… -
Technology
Reducing Post-Harvest Losses: A Smarter Approach to Potato Storage
Cellar Insights Inc. (“Cellar Insights”), an agricultural technology company, is advancing post-harvest potato storage using sensor technology, data analytics and predictive modelling. Its system… -
Technology
Ashes to Asteroids, Dust to Dust: Meet the Company Sending People’s Cremated Remains into Orbit
Ever loved someone ‘to the Moon and back’? Well, thanks to an American start-up, you can now pay to have their ashes shot into space.Space Beyond is a vertically integrated aerospace service that is…