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Hashtag Trending, April 29, 2021 – BC software firm achieves unicorn status; Shopify's monster numbers; Vaccine Hunters partners with TO


A B.C legal software company is now a unicorn after a valuation of $1-billion USD, Shopify doubles its revenue in Q1, and Vaccine Hunters Canada can help you navigate vaccine registration.
It’s all the tech news that’s popular right now. Welcome to Hashtag Trending! It’s Thursday, April 30 and I’m your host Baneet Braich.
 
B.C. legal software company Clio also known as Themis Solutions is now a unicorn. That means it’s the latest Canadian tech giant to earn a valuation of US$1-billion. Clio developed a software platform for law firms that is cloud-based. The operating system is used by about 200,000 lawyers. Now Clio has secured US$110-million in funding, which will be used to make more acquisitions, hire 250 employees and expand globally as it prepares to go public as early as next year. [LinkedIn] ....

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Legal software provider Clio reaches unicorn status with $110-million funding round


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Vancouver-based legal software company Clio has become Canada’s latest tech “unicorn” after raising US$110 million in financing it hopes to use to launch an acquisition strategy and boost hiring.
The deal gives Themis Solutions Inc. which operates as Clio a valuation of more than US$1 billion, a milestone for tech startups known as “unicorn” status, and comes just a year and a half after it announced what was then the largest venture-capital investment for a Canadian company.
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