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- Calendly
Calendly Revenue, Valuation, Funding & Investors
Calendly is valued at $3B as of January 2021, a 42.9x multiple on its last reported $70M revenue.
Last Calendly valuation
$3B
Series B · Jan 2021
Last Calendly funding round
$350M
Series B · Jan 2021
Calendly revenue
$70M
Series B · Jan 2021
Key investors in Calendly
ICONIQ Capital
OpenView
Atlanta Ventures
About Calendly
Calendly is an Atlanta-headquartered scheduling automation platform used by over 20 million professionals worldwide to eliminate email back-and-forth for meetings. The service integrates with Google Calendar, Outlook, and video tools like Zoom and supports team workflows, round-robin routing, and payment collections via Stripe. Adopted by enterprises such as Square and Twilio, it handles booking pages in multiple languages across sales, recruiting, and customer success functions.
Founded
2013
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$70M (Jan 2021)
Valuation
$3B (Jan 2021)
Calendly Valuation
Calendly is currently valued at $3B, based on its Series B in January 2021.
The $350M round was led by OpenView, with participation from ICONIQ Capital.
Calendly valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jan 2021 | Series B | $3B | 42.9x |
Calendly Revenue
Calendly's latest recorded revenue is $70M, as of its Series B in January 2021. At a $3B valuation, that implies a 42.9x revenue multiple.
Calendly revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jan 2021 | $70M | $3B | 42.9x | Series B |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Calendly Funding History
Calendly has raised a total of $351M across 2 funding rounds.
Calendly's first fundraising round was a $600K seed round in April 2014. The most recent completed round was a $350M Series B in January 2021.
Calendly funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2021 | Series B | OpenView (lead); ICONIQ Capital | $350M | $3B | Calendly is a cloud-based scheduling automation platform that simplifies meeting coordination through a user-friendly interface and viral invite-based acquisition, achieving significant growth during the COVID-19 pandemic with monthly rates of 5-6% in 2020. By November 2020, it reached $60M ARR, growing to $70M by year-end 2020 and $85M by early 2021, fueled by over 10 million users and 53% U.S. market share. The company bootstrapped efficiently with only $550K seed funding prior to its major round, attaining a 109x ARR-to-funding multiple. In January 2021, Calendly raised $350 million in a Series B round led by OpenView Venture Partners and ICONIQ Capital, reaching a $3 billion post-money valuation and bringing total funding to $350.6 million. The round provided liquidity for early shareholders and employees while supporting product innovation, infrastructure scaling, hiring, and enterprise expansion amid surging online meeting demand. Investors valued it at approximately 42.9x 2020 revenue of $70 million, a premium compared to peers like Salesforce and HubSpot. Calendly became profitable as early as 2015 with $1M revenue, evolving from free usage to premium plans starting at $10 in late 2014. It expanded features for enterprise needs like security and compliance, serving sectors including financial services where ARR grew 73% in H2 2023. By 2023, it hit $270M-$276M ARR with over 20 million users and 100K companies, positioning it competitively against larger platforms and niche rivals while targeting $1B ARR. |
| Apr 2014 | Seed | Atlanta Ventures (lead) | $600K | - | - |
Who has invested in Calendly?
3 investors have backed Calendly across its funding rounds, including ICONIQ Capital, OpenView and Atlanta Ventures.
Lead investors include OpenView and Atlanta Ventures.
Calendly Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Jan 2021 | ||
This data is available for Pro users. Sign up to see all 3 Calendly investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Calendly
Calendly has acquired 2 companies to date.
Last acquisition by Calendly was on September 27th 2022. Calendly acquired Prelude for undisclosed valuation.
Latest Acquisitions by Calendly
| Description | Prelude is a San Francisco-headquartered recruiting platform specializing in interview scheduling automation. Its software integrates with calendars, video tools like Zoom, and ATS platforms such as Workable to eliminate manual coordination. Founded in 2017, Prelude serves enterprise clients including Airbnb and Stripe, processing millions of interview slots annually. The company expands into talent pipeline management for high-volume tech hiring. | MeetingNotes is a connected meeting notes platform branded as Hugo, enabling teams to set agendas, collaborate on notes, and organize discussions by attendee. San Francisco-headquartered, it integrates with over 20 tools including Slack, Zoom, Salesforce, and Asana. The software indexes meeting content for search and action items, supporting remote and hybrid workflows at enterprises worldwide. |
| HQ Country | ||
| HQ City | San Francisco, CA | San Francisco, CA |
| Deal Date | 27 Sep 2022 | 10 Aug 2022 |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Calendly acquisitions and their M&A valuation multiples. Start Free Trial | ||
Investments by Calendly
Calendly has invested in 1 company to date.
Latest investment by Calendly was on May 26th 2021. Calendly invested in Reclaim.ai in their $5M Seed round.
Latest Investments by Calendly
| Description | Reclaim.ai is an Austin-headquartered calendar automation tool using AI to schedule tasks, habits, and meetings. It defends time blocks against intrusions and reschedules dynamically based on priorities from Google Calendar or Outlook. Reclaim.ai syncs with Todoist and analyzes work patterns for weekly planning. Launched in 2021, it serves professionals in tech and consulting. |
| HQ Country | |
| HQ City | Portland, OR |
| Deal Date | 26 May 2021 |
| Round | Seed |
| Raised | $5M |
| Investors | Index Ventures; Flying Fish Partners; Sue Khim; Yvonne Wassenaar; peercheque; CoFound Partners; Jason Warner; Gradient; Kenny Van Zant; Operator Partners; Alex Solomon |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Calendly investments and their VC round multiples. Start Free Trial | |
Calendly Competitors
Calendly competitors include listed companies like Appian, Monday.com and Asana, and private ones like ClickUp, Gamma and Wispr Flow.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $727M | $37M | $2.7B | 3.5x | ||
| Publicly listed | $1.2B | $8M | $3.8B | 2.1x | ||
| Publicly listed | $791M | ($175M) | $2.3B | 2.7x | ||
| Private | $300M | - | $4B | 13.3x | ||
| Private | $100M | - | $2.1B | 21.0x | ||
| Private | - | - | $2B | - |
Calendly Public Comps
Calendly is still privately-owned, but its public comps include Appian, Asana, Monday.com, Planisware, Weaver Network, Opera, Ireader, Wondershare, Box and McMillan Shakespeare.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $727M | $37M | 3.9x | 3.5x | 77.2x | 28.9x | |||
| $791M | ($175M) | 2.8x | 2.7x | (12.8x) | 22.8x | |||
| $1.2B | $8M | 2.4x | 2.1x | 368.8x | 13.3x | |||
| $228M | $78M | 7.3x | 6.7x | 21.5x | 18.4x | |||
| $341M | $43M | 4.4x | 4.2x | 34.6x | 28.3x | |||
| $615M | $141M | 2.4x | 2.1x | 10.5x | 9.2x | |||
| $484M | ($16M) | 2.7x | 3.5x | (81.1x) | - | |||
| $229M | ($6M) | 6.3x | 6.4x | (231.3x) | (175.1x) | |||
This data is available for Pro users. Sign up to see all Calendly competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Calendly
| When was Calendly founded? | Calendly was founded in 2013. |
| Where is Calendly headquartered? | Calendly is headquartered in Atlanta, GA, United States. |
| Is Calendly publicly listed? | No, Calendly is a private, VC-backed company. |
| What is Calendly's valuation? | Calendly was last valued at $3B in its Series B in January 2021. |
| How much funding has Calendly raised? | Calendly has raised $351M across 2 funding rounds. |
| What was Calendly's last funding round? | Calendly's last funding round was a $350M Series B in January 2021, led by OpenView. |
| Who are Calendly's investors? | Calendly's investors include OpenView, ICONIQ Capital and Atlanta Ventures. |
| What is Calendly's revenue? | Calendly's latest recorded revenue is $70M (January 2021). |
| What is Calendly's revenue multiple? | Calendly's latest valuation implies a 42.9x revenue multiple ($3B valuation on $70M of revenue). |
| Which companies are comparable to Calendly? | Companies comparable to Calendly include Appian, Monday.com, Asana, ClickUp, Gamma and Wispr Flow. |
| How many companies has Calendly acquired? | Calendly has acquired 2 companies, including Prelude and MeetingNotes. |
| How many companies has Calendly invested in? | Calendly has invested in 1 company, including Reclaim.ai. |
| What was Calendly's last investment? | In May 2021, Calendly invested in Reclaim.ai's $5M seed round alongside Index Ventures, Flying Fish Partners, Sue Khim and 8 other investors. |
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