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- ClickUp
ClickUp Revenue, Valuation, Funding & Investors
ClickUp is valued at $4B as of October 2021, a 13.3x multiple on its last reported $300M revenue.
Last ClickUp valuation
$4B
Series C · Oct 2021
Last ClickUp funding round
$400M
Series C · Oct 2021
ClickUp revenue
$300M
Series C · Oct 2021
Key investors in ClickUp
Craft Ventures
Georgian
Andreessen Horowitz
Lightspeed Venture Partners
Tiger Global
Meritech Capital Partners
About ClickUp
ClickUp is a San Diego-headquartered productivity platform founded in 2017 offering task management, docs, whiteboards, chat, and 1,000+ integrations. It serves teams in engineering, marketing, and HR with customizable hierarchies, AI automations, and goals tracking. The all-in-one workspace replaces tools like Asana and Jira for over 10 million users across startups and Fortune 500 companies.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$300M (Oct 2021)
Valuation
$4B (Oct 2021)
ClickUp Valuation
ClickUp is currently valued at $4B, based on its Series C in October 2021.
The $400M round was led by Andreessen Horowitz and Tiger Global, with participation from Lightspeed Venture Partners and Meritech Capital Partners.
ClickUp's valuation has grown 4.0x from $1B at its Series B in December 2020 to $4B in October 2021, across 2 priced rounds.
ClickUp valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Oct 2021 | Series C | $4B | 13.3x |
| Dec 2020 | Series B | $1B | 3.3x |
ClickUp Revenue
ClickUp's latest recorded revenue is $300M, as of its Series C in October 2021. At a $4B valuation, that implies a 13.3x revenue multiple.
Revenue moved from $300M in December 2020 to $300M in October 2021, while the revenue multiple moved from 3.3x to 13.3x.
ClickUp revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Oct 2021 | $300M | $4B | 13.3x | Series C |
| Dec 2020 | $300M | $1B | 3.3x | 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.
ClickUp Funding History
ClickUp has raised a total of $538M across 5 funding rounds.
ClickUp's first fundraising round was a $1M seed round in October 2017. The most recent completed round was a $400M Series C in October 2021.
ClickUp funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2021 | Series C | Andreessen Horowitz (lead); Tiger Global (lead); Lightspeed Venture Partners; Meritech Capital Partners | $400M | $4B | ClickUp is a subscription-based SaaS productivity platform that integrates project management, docs, chat, collaboration tools, and AI features into an all-in-one workspace, using a tiered pricing model from free to enterprise plans with per-seat billing starting at $7/user/month. The company bootstrapped to profitability and around $10M ARR before raising venture capital, achieving natural product-market fit through rapid weekly feature releases and SEO-driven customer acquisition. In October 2021, ClickUp raised $400 million in its Series C round co-led by Andreessen Horowitz and Tiger Global, with participation from Lightspeed Venture Partners and Meritech Capital Partners, reaching a $4 billion post-money valuation; this brought total funding to $535 million across four rounds. The Series C funding supported hypergrowth amid the 2021 venture environment, enabling platform enhancements like ClickUp 3.0 for better performance, feature parity, and scalability through re-platforming and sharding. ClickUp serves over 100,000 paying customers at the time, expanding to 20 million users later, with efficient go-to-market strategies including product-led sales and outbound teams that reduced CAC by 3x while scaling pipeline. 2022 revenue reached $150 million, implying a ~27x multiple on the $4B valuation retrospectively. Post-2021, ClickUp transitioned from growth-at-all-costs to efficient operations, integrating AI deeply into workflows for 400% AI sales growth and converging tools like chat, projects, and Brain AI. By September 2025, it surpassed $300M ARR with 800k monthly team signups and 145% YoY growth, serving 20M+ users and emphasizing incrementality testing in outbound motions for 11x LTV lift in sales-assisted customers. |
| Dec 2020 | Series B | Georgian (lead); Craft Ventures | $100M | $1B | ClickUp is an all-in-one customizable workplace productivity platform designed to replace multiple disparate workplace tools across an organization. The platform includes features such as project management, document collaboration, spreadsheets, and email, along with integrations to over 1,000 popular workplace apps including Google Drive, Slack, Zoom, Salesforce, GitHub, and Zendesk, plus over 100 native apps. In December 2020, ClickUp announced a $100 million Series B funding round led by Canadian venture firm Georgian with participation from Craft Ventures, bringing total funding raised to $135 million. The round valued the company at $1 billion, achieving unicorn status. This followed a Series A of $35 million led by Craft Ventures in June 2020. The company demonstrated exceptional growth during the period. ClickUp reported 900% revenue growth in the year leading up to the Series B announcement and had doubled its user base to 2 million users in the six months since raising its Series A funding. The platform served over 200,000 teams, with customers including Google, Nike, Uber, Netflix, and Airbnb. The company also doubled its headcount from 100 to 200 employees between Series A and Series B, with plans to double again in the coming months. ClickUp was founded in 2017 and quickly became one of the fastest growing SaaS companies, aided by strong product-market fit and customer-centric support including 24/7 real-time support and an intuitive coaching program. The funding was well-received as the productivity software market experienced unprecedented demand in 2020 due to the rapid shift to remote work prompted by the COVID-19 pandemic. |
| Jun 2020 | Series A | Craft Ventures (lead); Georgian | $35M | - | ClickUp is an all-in-one customizable workplace productivity platform that integrates chat, task management, docs, wikis, OKRs, and more into a single flexible interface for teams of all sizes. Founded in 2017 and based in San Diego, it serves customers including Google, Nike, Uber, Airbnb, Netflix, and Ubisoft, with over 100,000 customers and millions of users at the time of the round. The platform offers a free plan, $5 per user/month unlimited plan, and $9 per user/month business plan with features like single sign-on and automations. ClickUp emphasizes 100+ native integrations and 1,000+ with tools like Google Drive, Slack, Zoom, Salesforce, GitHub, and Zendesk, aiming to replace or integrate with all workplace apps to reduce inefficiency. On June 24, 2020, ClickUp raised $35 million in its first outside capital as a Series A round led by Craft Ventures, with participation from Georgian Partners; David Sacks joined the board. The funding supports paid marketing, product localization for different languages and geographies, aggressive team scaling from 100 to 500 employees by year-end, and accelerating weekly feature releases. The company simultaneously launched Remote Work OS, a bundle of AI-powered tools for live collaboration, task prioritization, and real-time project insights, amid rising remote work demands. |
| Jan 2018 | Seed | - | $2M | - | - |
| Oct 2017 | Seed | - | $1M | - | - |
Who has invested in ClickUp?
6 investors have backed ClickUp across its funding rounds, including Craft Ventures, Georgian, Andreessen Horowitz, Lightspeed Venture Partners, Tiger Global and Meritech Capital Partners.
Lead investors include Andreessen Horowitz, Tiger Global, Georgian and Craft Ventures.
ClickUp Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Jun 2020 | ||
| 2 | Lead | Jun 2020 | ||
| 1 | Lead | Oct 2021 | ||
| 1 | Participant | Oct 2021 | ||
This data is available for Pro users. Sign up to see all 6 ClickUp investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by ClickUp
ClickUp has acquired 5 companies to date.
Last acquisition by ClickUp was on December 23rd 2025. ClickUp acquired Codegen for undisclosed valuation.
Latest Acquisitions by ClickUp
| Description | Codegen is a SaaS company providing AI-assisted code generation and development tools. Its platform accelerates software creation with autocomplete, refactoring, and multi-language support for developers building web and mobile applications. | Qatalog is a Berlin-based work hub that unifies tools like wikis, project trackers, Slack, and email into a single interface for distributed teams. Recognized as a 2021 Gartner Cool Vendor and backed by Salesforce Ventures, it enables search across 50-plus apps, automates workflows, and supports knowledge sharing without constant notifications. | Ora is a project management platform combining task tracking, time logging, Kanban boards, and estimates for software teams. Hosted at ora.pm, it supports agile workflows with Gantt charts, custom fields, and integrations to Jira, GitHub, and Slack. Used by remote teams worldwide, Ora facilitates sprint planning and reporting, serving product development firms with real-time collaboration across 100,000 active projects. | Hypercal is a United Kingdom-based calendar application tailored for Apple ecosystems on Mac, iPhone, and iPad. Launched in 2023, it emphasizes natural language processing for effortless event scheduling, such as typing 'meeting with team tomorrow at 2pm' to auto-populate details. The app integrates directly with productivity tools including Notion, Todoist, Google Calendar, and Apple Reminders, enabling synchronized task management across platforms. Hypercal supports multiple calendar views like week, month, and agenda, alongside features for time blocking and focus modes. Distributed through the Mac App Store and Setapp subscription service, it serves over 10,000 users seeking simplified scheduling without subscription fees beyond initial purchase. | |
| HQ Country | |||||
| HQ City | San Francisco, CA | London | Sofia | London | |
| Deal Date | 23 Dec 2025 | 4 Nov 2025 | 27 May 2025 | 30 Jan 2024 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all ClickUp acquisitions and their M&A valuation multiples. Start Free Trial | |||||
ClickUp Competitors
ClickUp competitors include listed companies like Monday.com, Box, Asana and Dropbox, and private ones like Gamma and InVision.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $1.2B | $8M | $3.8B | 2.1x | ||
| Publicly listed | $1.2B | $124M | $4.8B | 4.3x | ||
| Publicly listed | $791M | ($175M) | $2.3B | 2.7x | ||
| Private | $100M | - | $2.1B | 21.0x | ||
| Publicly listed | $2.5B | $854M | $8.2B | 4.4x | ||
| Private | $100M | - | $1.9B | 19.0x |
ClickUp Public Comps
ClickUp is still privately-owned, but its public comps include Lumine Group, Monday.com, Sinch, Doximity, Box, AvePoint, Appian, Tata Communications, SoundHound and Five9.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $766M | $278M | 5.3x | 4.2x | 14.4x | 12.6x | |||
| $1.2B | $8M | 2.4x | 2.1x | 368.8x | 13.3x | |||
| $2.8B | $313M | 1.5x | 1.4x | 13.2x | 11.1x | |||
| $645M | $229M | 6.3x | 6.2x | 17.7x | 11.9x | |||
| $1.2B | $124M | 4.5x | 4.3x | 43.0x | 13.8x | |||
| $419M | $42M | 5.9x | 5.1x | 58.4x | 27.4x | |||
| $727M | $37M | 3.9x | 3.5x | 77.2x | 28.9x | |||
| $2.6B | $494M | 2.5x | 2.4x | 13.2x | 12.2x | |||
This data is available for Pro users. Sign up to see all ClickUp competitors and their valuation data. Start Free Trial | ||||||||
Common questions about ClickUp
| When was ClickUp founded? | ClickUp was founded in 2017. |
| Where is ClickUp headquartered? | ClickUp is headquartered in San Diego, CA, United States. |
| Is ClickUp publicly listed? | No, ClickUp is a private, VC-backed company. |
| What is ClickUp's valuation? | ClickUp was last valued at $4B in its Series C in October 2021. |
| How much funding has ClickUp raised? | ClickUp has raised $538M across 5 funding rounds. |
| What was ClickUp's last funding round? | ClickUp's last funding round was a $400M Series C in October 2021, led by Andreessen Horowitz and Tiger Global. |
| Who are ClickUp's investors? | ClickUp's investors include Georgian, Craft Ventures, Andreessen Horowitz, Lightspeed Venture Partners, Tiger Global and Meritech Capital Partners. |
| What is ClickUp's revenue? | ClickUp's latest recorded revenue is $300M (October 2021). |
| What is ClickUp's revenue multiple? | ClickUp's latest valuation implies a 13.3x revenue multiple ($4B valuation on $300M of revenue). |
| Which companies are comparable to ClickUp? | Companies comparable to ClickUp include Monday.com, Box, Asana, Gamma, Dropbox and InVision. |
| How many companies has ClickUp acquired? | ClickUp has acquired 5 companies, including Codegen, Qatalog, Ora, Hypercal and Slapdash. |
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