Clio Surpasses $500M ARR; Stradley Ronon Deploys Vincent Firm-Wide
Clio confirmed it has surpassed $500 million in annual recurring revenue and is balance sheet profitable, following its $1 billion acquisition of vLex and a $5 billion valuation in its Series G round.
BY MIDSIZED DESK · JUNE 2, 2026 · 1 MIN READ
Clio confirmed it has surpassed $500 million in annual recurring revenue and is balance sheet profitable, following its $1 billion acquisition of vLex and a $5 billion valuation in its Series G round. Alongside the financial milestone, Stradley Ronon — an Am Law 200 firm — announced a firm-wide deployment of Vincent by Clio following a multi-month platform evaluation. Clio's April 2026 release report documents Vincent now running on GPT-5.5 (achieving 87.2% on Clio's internal evaluation benchmark), along with Authority Match citation verification for uploaded documents, voice mode on desktop, and a new Studio User Groups feature enabling workflow access management by practice area. The platform pricing for Clio Work — combining Vincent AI, Clio Library, and Clio Manage — sits at $199 per user per month. For midsized firms evaluating a practice management and legal AI stack in one platform, Clio's trajectory makes it the clearest bundled midmarket option.