ClickUp Raises $400M in Series C Funding

Funding Rounds

▤ Summary

This new round, which brings total funding to $535m USD and puts the company at a $4bn USD post-money valuation, was co-led by Andreessen Horowitz and Tiger Global, with participation from Lightspeed Venture Partners and Meritech Capital Partners. The company intends to use the funds to create 600 European jobs, a regional European headquarters and a new development centre, and invest in localised versions of its platform for France, Germany and Spain. Led by Zeb Evans, CEO and Founder, ClickUp is a SaaS company providing a productivity platform including: project management, document collaboration, spreadsheets, chat, and goals. In the last year, the company has tripled its revenue and grew its user base from 200,000 to 800,000 teams worldwide, including those at McDonalds, Booking.com, and Netflix.

$ Funding

$
Amount $400.0M Total raised
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Date October 27, 2021 Announcement date
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Investors - Lead investors
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Company http://www.clickup.com Funded company

▥ Classifications

industries
No industries detected
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
SaaS Project Management Software Collaboration Software

▦ Linked Companies

ClickUp
$250M to $500M