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.

Clubhouse Overview

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

United StatesSan Francisco, CA

Status

Privately held

Customer focus

B2C

Revenue model

Advertising

Revenue

$4M (Jan 2021)

Valuation

$1B (Jan 2021)

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
Clubhouse valuation by funding round
DateStageValuationRevenue Multiple
Jan 2021Series B$1B250.0x
May 2020Series A$100M25.0x

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

Clubhouse revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Jan 2021$4M$1B250.0xSeries B
May 2020$4M$100M25.0xSeries 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

Clubhouse funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2021Series BAndreessen Horowitz (lead); Offline Ventures; TQ Ventures$100M$1BClubhouse 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 2020Series AAndreessen Horowitz (lead); Worklife Ventures; TGM ventures; Tim Kendall; Offline Ventures; Natalie Carnegie; TechNexus Venture Collaborative; Scott Belsky; Kortschak Investments L.P.$10M$100MClubhouse 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

Investors in Clubhouse by funding rounds participated
InvestorHQRoundsRoleFirst check
Andreessen HorowitzUnited StatesSan Francisco, CA2LeadMay 2020
Offline VenturesUnited StatesSan Francisco, CA2ParticipantMay 2020
Worklife VenturesUnited StatesUnited States1ParticipantMay 2020
TGM venturesUnited StatesLos Angeles, CA1ParticipantMay 2020
Tim KendallUnited StatesSan Francisco, CA1ParticipantMay 2020
Natalie CarnegieUnited StatesSan Francisco, CA1ParticipantMay 2020
TechNexus Venture CollaborativeUnited StatesChicago, IL1ParticipantMay 2020
Scott BelskyUnited StatesNew York City, NY1ParticipantMay 2020

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Clubhouse Competitors

Clubhouse competitors include listed companies like Nextdoor and Yalla Group, and private ones like Lamabang, Maimai, MEET48 and mobli.

Public and private companies comparable to Clubhouse
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
LamabangChinaShenzhenPrivate--$1B-
MaimaiChinaBeijingPrivate--$1B-
MEET48Hong KongHong KongPrivate--$1B-
mobliIsraelTel AvivPrivate--$1B-
NextdoorUnited StatesUnited StatesPublicly listed$258M($69M)$959M2.2x
Yalla GroupUAEUAEPublicly 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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Nextdoor$258M($69M)2.4x2.2x(8.8x)27.8x
Yalla Group$342M$128M----
Hello Group$1.5B$215M----
VNG Corp.$420M$23M1.4x-25.5x-
Webtoon$1.4B($373M)0.6x0.6x(2.4x)37.6x
DeNA$950M$177M1.1x1.1x5.8x6.5x
Weibo$1.8B$644M0.5x0.5x1.4x1.9x
Bumble$966M($793M)0.8x0.9x(1.0x)2.9x

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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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