Canadian legaltech unicorn Clio appoints new CPO

 Canadian legaltech unicorn Clio appoints new CPO

Image courtesy: Clio

Canadian legaltech unicorn Clio has just announced that it has appointed a new Chief Product Officer, Hemant Kashyap. Kashyap will be responsible for developing and executing Clio’s product strategy, as well as integrations within Clio’s app ecosystem.

As per a job description on Linkedin, Kashyap will report directly to the CEO of the Burnaby, British Columbia-based company. He will own company’s full product vision and share the responsibility to drive growth and revenue.

“I am incredibly delighted to welcome Hemant Kashyap to Clio as our Chief Product Officer. Hemant’s passion for customer success aligns perfectly with our company’s core values, and I am truly excited about the incredible impact we will have with his leadership.”

Jack Newton, CEO and Founder of Clio

Kashyap formerly held the position of VP Product at ServiceTitan, where he introduced several new products. Before that, Kashyap worked as the Vice President of Product at Inspire Clean Energy. Kashyap will bring more than 20 years of experience in creating, building, and commercializing consumer and enterprise products to Clio. Further, the has experience in building platform technologies, partner ecosystems, and business strategies.

“Clio’s mission of transforming the legal experience for all is a critically important one. I’m thrilled to join the company and continue to drive that mission forward with the products we offer and markets we operate in. This is a formative era for Clio, and I am confident that we can continue to develop and deliver world-class products for legal professionals. I look forward to working with Jack and the broader team.”

Clio’s new Chief Product Officer, Hemant Kashyap

Also read: Clio Ventures backs better legal access with EvenUp deal

Clio founded to democratize legal software

Jack Newton and Rian Gauvreau co-founded Clio during the 2008 recession when they first-hand witnessed the anguish of solo lawyers and small firms while running their businesses during that time. Historically, the only options for server-based legal practise management software were those created for large law firms.

Clio revolutionized law firm management with its cloud-based practice management software for all firm sizes. Designed specifically for law firms, it offers a comprehensive suite of tools and features that streamline operations, enhance productivity, and deliver better client service.

Over time, the company has emerged as a global leader in the legaltech industry, empowering law firms of all sizes to focus on their clients and cases instead of administrative tasks. Its platform integrates with a wide range of third-party applications, including document management systems, accounting software, and email platforms, allowing law firms to create a customized technology ecosystem. By automating workflows and eliminating manual data entry, Clio’s proposition is that it boosts efficiency and productivity.

Gauvreau stepped down from his role as Chief People Officer in May 2021. The news came about a week after Clio achieved unicorn status with a valuation of US$1.6 billion. T. Rowe Price Associates Inc. and OMERS Growth Equity led the US$110 million Series E round. Clio claimed then that it was the “first legal practice management unicorn” globally.

Canadian legaltech unicorn recently turned a startup investor

Recently, the company launched Clio Ventures to invest in other global legaltech startups and drive innovation in the sector. Just a couple of weeks ago, Clio Ventures announced its investment in Steno, a Los Angeles-based legaltech startup. Steno streamlines court reporting with best-in-class technology and deferred payment options to improve law firms’ litigation processes.

This follows Clio Ventures first investment, which was in Proof, an on-demand platform that serves court documents, in March 2022.

As per Crunchbase data, Clio has raised a total US$386M till date. The company is headquartered in Vancouver, British Columbia. Litify (US), Peppermint (UK), and Smokeball (US) are some other companies in the domain.


Also read: Doormat raises CA$1.25M for better real estate legal service

Editor

The Tech Factor is a new-age media platform focused on Canada. Our mission is to provide insightful and comprehensive coverage of the Canadian startup and technology ecosystem. To connect with us, report any inaccuracy in our writing, or to share news about the ecosystem, please reach out at editor [at] thetechfactor.ca or fill the 'Submit Tips' form in the top menu.

Related post