Workplace productivity platform ClickUp raised $400 million

ClickUp, an online workplace productivity platform, has raised $400 million in Series C funding, co-led by Andreessen Horowitz and Tiger Global, with participation from Lightspeed Venture Partners and Meritech Capital Partners.
Dollar spending on technology“ClickUp’s sole purpose has always been to make the world more productive. Time is our most valuable resource and we are committed to giving people more time to focus on what matters most to them,” says Zeb Evans, CEO and Founder of ClickUp.

The fastest-growing SaaS solution replaces all individual workplace productivity tools within a single, unified platform, including: project management, document collaboration, spreadsheets, chat, and goals. Today, more than 90 percent of ClickUp customers actively use three or more products within the platform.

In the last year, ClickUp has tripled its revenue and grew its user base from 200,000 to 800,000 teams worldwide. Businesses all over the world, including teams at McDonalds, Booking.com, Papa Johns, and Netflix, are choosing ClickUp to meet the demands of their evolving workplaces.

This new round brings ClickUp’s total funding to $535 million. The additional investment will be used to expand the company’s global footprint and hire world-class talent. In addition, ClickUp will use the funds to accelerate the development of innovative new products and cutting-edge features, while scaling the awareness and usage of ClickUp to new audiences.