ClickUp Raises $400M in Series C Funding

ClickUp

ClickUp, a San Diego, CA-based all-in-one productivity platform, raised $400m USD in Series C funding.

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. 

Mark Stoddard is Head of International Operations.

FinSMEs

29/10/2021