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- Clubhouse
Clubhouse Revenue, Valuation, Funding & Investors
Clubhouse is valued at $1B as of January 2021.
Last Clubhouse valuation
$1B
Series B · Jan 2021
Last Clubhouse funding round
$100M
Series B · Jan 2021
Clubhouse revenue
$4M
Series B · Jan 2021
Key investors in Clubhouse
Andreessen Horowitz
Offline Ventures
Scott Belsky
TQ Ventures
TechNexus Venture Collaborative
Kortschak Investments L.P.
About Clubhouse
Clubhouse is a San Francisco-headquartered audio social network enabling live, drop-in voice conversations in topic-based rooms. Launched in beta in 2020, it gained 10 million weekly active users by early 2021 through invites-only access on iOS. Features include speaker-listener modes, recordings, and spatial audio, attracting celebrities and creators discussing tech, music, and news worldwide.
Founded
2020
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Advertising
Revenue
$4M (Jan 2021)
Valuation
$1B (Jan 2021)
Sectors
Clubhouse Valuation
Clubhouse is currently valued at $1B, based on its Series B in January 2021.
The $100M round was led by Andreessen Horowitz, with participation from Offline Ventures and TQ Ventures.
Clubhouse's valuation has grown 10x from $100M at its Series A in May 2020 to $1B in January 2021, across 2 priced rounds.
Clubhouse valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jan 2021 | Series B | $1B | 250.0x |
| May 2020 | Series A | $100M | 25.0x |
Clubhouse Revenue
Clubhouse's latest recorded revenue is $4M, as of its Series B in January 2021.
Revenue moved from $4M in May 2020 to $4M in January 2021.
Clubhouse revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jan 2021 | $4M | $1B | 250.0x | Series B |
| May 2020 | $4M | $100M | 25.0x | Series A |
* 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.
Clubhouse Funding History
Clubhouse has raised a total of $110M across 2 funding rounds.
Clubhouse's first fundraising round was a $10M Series A in May 2020. The most recent completed round was a $100M Series B in January 2021.
Clubhouse funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2021 | Series B | Andreessen Horowitz (lead); Offline Ventures; TQ Ventures | $100M | $1B | Clubhouse is a San Francisco-based audio social network launched in March 2020, enabling real-time voice conversations where users talk, listen, and learn in invite-only rooms. By January 2021, it had grown to two million users, comparable to Twitter's early growth, with fewer than 10 employees. The company raised approximately $100 million in a funding round led by existing investor Andreessen Horowitz, with participation from over 180 investors often aggregated via a no-fee special purpose vehicle, achieving a $1 billion post-money valuation. This marked Clubhouse as a high-risk, high-reward bet amid pandemic-driven demand for virtual social experiences. At the time, Clubhouse had not yet generated revenue but planned monetization through creator tools like tips, subscriptions, or fees, taking a platform cut while avoiding traditional advertising. Leaders emphasized building a business model where creators' earnings drive platform success, though Apple would take a transaction cut on iOS. The rapid hype positioned it alongside flash-in-the-pan apps like HQ Trivia, with sustainability questioned post-pandemic. Clubhouse later faced challenges including layoffs in 2022 as live audio competition intensified. |
| May 2020 | Series A | Andreessen Horowitz (lead); Worklife Ventures; TGM ventures; Tim Kendall; Offline Ventures; Natalie Carnegie; TechNexus Venture Collaborative; Scott Belsky; Kortschak Investments L.P. | $10M | $100M | Clubhouse is a social audio app that enables live voice conversations in rooms. In May 2020, it received a $12 million Series A investment led by Andreessen Horowitz, achieving a post-money valuation of $100 million. Additional investors included angel backers such as Ryan Hoover, Balaji Srinivasan, and James Beshara. The round occurred during the early COVID-19 pandemic, preceding Clubhouse's rapid growth to 600,000 registered users by December 2020 and 2 million weekly active users by January 2021. The company later expanded monetization efforts, partnering with Stripe in April 2021 for payments and tipping features targeted at US creators. |
Who has invested in Clubhouse?
10 investors have backed Clubhouse across its funding rounds, including Andreessen Horowitz, Offline Ventures, Scott Belsky, TQ Ventures, TechNexus Venture Collaborative and Kortschak Investments L.P..
Lead investors include Andreessen Horowitz.
Clubhouse Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | May 2020 | ||
| 2 | Participant | May 2020 | ||
| 1 | Participant | May 2020 | ||
| 1 | Participant | May 2020 | ||
| 1 | Participant | May 2020 | ||
| 1 | Participant | May 2020 | ||
| 1 | Participant | May 2020 | ||
| 1 | Participant | May 2020 | ||
This data is available for Pro users. Sign up to see all 10 Clubhouse investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialClubhouse Competitors
Clubhouse competitors include listed companies like Nextdoor and Yalla Group, and private ones like Lamabang, Maimai, MEET48 and mobli.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $258M | ($69M) | $959M | 2.2x | ||
| Publicly listed | $342M | $128M | $827M | - |
Clubhouse Public Comps
Clubhouse is still privately-owned, but its public comps include Nextdoor, Yalla Group, Hello Group, VNG Corp., Webtoon, DeNA, Weibo, Bumble, mixi and Newborn Town.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $258M | ($69M) | 2.4x | 2.2x | (8.8x) | 27.8x | |||
| $342M | $128M | - | - | - | - | |||
| $1.5B | $215M | - | - | - | - | |||
| $420M | $23M | 1.4x | - | 25.5x | - | |||
| $1.4B | ($373M) | 0.6x | 0.6x | (2.4x) | 37.6x | |||
| $950M | $177M | 1.1x | 1.1x | 5.8x | 6.5x | |||
| $1.8B | $644M | 0.5x | 0.5x | 1.4x | 1.9x | |||
| $966M | ($793M) | 0.8x | 0.9x | (1.0x) | 2.9x | |||
This data is available for Pro users. Sign up to see all Clubhouse competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Clubhouse
| When was Clubhouse founded? | Clubhouse was founded in 2020. |
| Where is Clubhouse headquartered? | Clubhouse is headquartered in San Francisco, CA, United States. |
| Is Clubhouse publicly listed? | No, Clubhouse is a private, VC-backed company. |
| What is Clubhouse's valuation? | Clubhouse was last valued at $1B in its Series B in January 2021. |
| How much funding has Clubhouse raised? | Clubhouse has raised $110M across 2 funding rounds. |
| What was Clubhouse's last funding round? | Clubhouse's last funding round was a $100M Series B in January 2021, led by Andreessen Horowitz. |
| Who are Clubhouse's investors? | Clubhouse's investors include Andreessen Horowitz, Offline Ventures, Worklife Ventures, TGM ventures, Tim Kendall, Natalie Carnegie, TechNexus Venture Collaborative, Scott Belsky, Kortschak Investments L.P. and TQ Ventures. |
| What is Clubhouse's revenue? | Clubhouse's latest recorded revenue is $4M (January 2021). |
| Which companies are comparable to Clubhouse? | Companies comparable to Clubhouse include Lamabang, Maimai, MEET48, mobli, Nextdoor and Yalla Group. |
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