Clio Named One of the Fastest Growing Companies in North America on Deloitte’s 2017 Technology Fast 500™
November 9, 2017
Clio recognized as one of Deloitte’s 2017 Technology Fast 500™ due to the company’s growth, innovation, and work in transforming the practice of law, for good.
Vancouver, BC – Clio, the leading cloud-based legal practice management platform, was named one of Deloitte’s 2017 Technology Fast 500™, which recognizes the 500 fastest growing technology, media, telecommunications, life sciences, and energy tech companies in North America.
For almost a decade, Clio has been offering a low-barrier, affordable solution with the most powerful and comprehensive features for firms. Since then, Clio has seen continued growth with more than 150,000 legal professionals spanning 90 countries using Clio today. This year, Clio further reinforced its position as the industry’s most comprehensive practice management solution by reengineering its platform, propelling a new generation of legal technology. The advantages of the new Clio experience go deeper than new features and improved design. Every aspect of Clio, including mobile, now leverages a common Application Programming Interface, API v4, which lets partners and customers alike connect technologies to Clio that can communicate and use each other’s functions.
“In 2008, we were the first to bring practice management to the cloud, forever changing how lawyers work,” said Jack Newton, CEO, and Co-Founder of Clio. “As we usher in the next decade of innovation, we are committed to transforming the practice of law, for good. It’s exciting to be recognized for our efforts as it means we are on track to accomplishing our goal, and are truly making an impact. We are honored to be named one of Deloitte’s 2017 North America Technology Fast 500 winners.”
Clio continuously seeks innovative solutions for their customers to be more productive and thrive in an ever-demanding environment. Over the last year, Clio has grown exponentially and made a large impact on the legal technology landscape by releasing:
- The widely-anticipated new Clio experience, a ground-up reinvention of their leading practice management platform
- A $1 million developer fund with a $100,000 Launch//Code Contest to support the future of technology
- Their second annual Legal Trends Report, a groundbreaking report that helps lawyers make informed, data-driven decisions based on the most comprehensive data set in the industry
- A new app directory that puts their 70+ integration partners front and center
- 12 new apps, further securing Clio’s position as the leading practice management solution with the most integrations available
“The Deloitte 2017 North America Technology Fast 500 winners underscore the impact of technological innovation and world-class customer service in driving growth, in a fiery competitive environment,” said Sandra Shirai, vice chairman, Deloitte Consulting LLP and U.S. technology, media, and telecommunications leader. “These companies are on the cutting edge and are transforming the way we do business. We extend our sincere congratulations to all the winners for achieving remarkable growth while delivering new services and experience for their customers.”
Clio’s commitment to innovation and continued success has not gone unnoticed. In the last year, Clio was named Canadian Startup Awards’ Employer of the Year, one of Canada’s Top Small & Medium Employers, and CIX’s Top 20 Most Influential Technology Companies, was recognized by ICMI for having an Exceptional Contact Center Culture, while Clio’s Data Operations Team was named Team of the Year at Technology Impact Awards. Jack Newton was also named EY’s Software-as-a-Service Entrepreneur of the Year™ and recognized as one of BIV’s Top 40 Under 40.
“Emerging growth companies are powering innovation in the broader economy. The growth rates delivered by the companies on this year’s North America Technology Fast 500 ranking are a bright spot for the capital markets and a strong indicator that the emerging growth technology sector will continue to deliver a strong return on investment,” said Heather Gates, national Managing Director of Deloitte & Touche LLP’s emerging growth company practice. “Deloitte is dedicated to supporting the best and brightest companies of the future in the emerging growth company sector. We are proud to acknowledge the significant accomplishments of this year’s Fast 500 winners.”
Overall, 2017 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 59,093 percent from 2013-2016, with median growth of 380 percent.
About Deloitte’s 2017 Technology Fast 500™:
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media,
telecommunications, life sciences and energy tech companies —both public and private—in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2013 to 2016.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
Founded in Vancouver, Canada in 2008, Clio is the most comprehensive cloud-based practice management platform for the legal industry. With the help of the cloud, Clio eases the processes of time tracking, billing, administration, and collaboration for law firms of all sizes. One of Canada’s fastest-growing companies with international reach, Clio employs over 240 individuals with a rapidly growing customer base spanning 90 countries. Clio has been named one of CIX’s Top 20 Most Innovative Technology Companies, and for the last two years, has been recognized by Deloitte on both the Fast50 and the Fast500 lists. Learn more at clio.com.
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