- ClickUp — an all-in-one customizable workplace productivity platform that services all departments across an organization — announced that it raised $100 million in Series B funding. These are the details.
ClickUp — an all-in-one customizable workplace productivity platform that services all departments across an organization — announced that it raised $100 million in Series B funding. Including this funding round, the company has raised a total of $135 million. This round of funding was at a reported $1 billion valuation according to Bloomberg.
Georgian led the round with participation from Craft Ventures. And with over 900% revenue growth in the past year, ClickUp’s extraordinary virality among users is a testament to both the strong community it has built and the market demand for a streamlined productivity platform that replaces all other work and productivity software.
Launched in 2017, ClickUp has quickly become one of the fastest growing SaaS companies due to its comprehensive feature set and high-touch customer service. And combined with this new funding, it is positioned to lead the productivity management software market — which is expected to exceed $102 billion by 2027.
Today 200,000 teams worldwide — including those at Google, Nike, Uber, Netflix, and Airbnb — use ClickUp for everything from project management to chat, docs, time management, wikis, goals and Objectives and Key Results (OKRs), and dashboards. And all ClickUp features are available in one highly-customizable and easy-to-use platform that works for all users and all departments in an organization.
Even though most productivity software only works for certain teams and forces users to work how the platform dictates, ClickUp empowers organizations to bring all work into one platform and let their users work how and where they want. And development, marketing, sales, finance, design and more can all work in ClickUp and create unparalleled business alignment and efficiency.
The platform is also known for providing seamless integrations with over 1,000 popular workplace apps, including Google Drive, Slack, Zoom, Salesforce, GitHub, and Zendesk, and over 100 native apps that can be toggled on and off based on user needs. Plus, ClickUp is first-in-class in customer service with an intuitive coaching program and 24/7 real-time support that is free to all users.
ClickUp recently launched a new mobile app and added several industry-leading features to its platform. And these features include a first-of-its-kind native email integration and automation, streamlined task relationships for cross-department transparency and work alignment, and expanded Goals and ‘Events in ClickUp’ integrations. And features like this have helped continue ClickUp’s organic growth among users in all corners of the globe including the US, UK, Canada, Brazil, India, and Australia. The new funding round will be used to accelerate its expansion plans, scale operations, and help the company continue to deliver on its promise of replacing all other workplace apps.
KEY QUOTES:
“ClickUp saves everyone time by replacing all workplace apps with one productivity platform that people genuinely love and use everyday. We began with a vision to create a connected and customizable solution that truly worked for everyone and everything – but I credit our customers with the platform that ClickUp has become. Over the last 2 years, we have received feedback from hundreds of thousands of customers who have partnered with us to create a platform that truly serves them. As we expand our global presence and continue to deliver on our mission of making the world more productive, it is our core focus on prioritizing customers above all else that will continue our viral growth and make us succeed.”
— Zeb Evans, CEO and Founder of ClickUp
“Georgian was a ClickUp user first, and an investor second. ClickUp’s laser focus on their customers’ experience with the product has fueled the company’s explosive growth, which continues to accelerate. Our entire team is thrilled to further our partnership with ClickUp as they transform the future of work.”
— Tyson Baber, Lead Investor at Georgian
“ClickUp has brought us all into one system where we manage all of our projects as well as where to see the status of anything and everything. It’s been a game-changer! Not only do we feel we’ve adopted an amazing tool to increase organizational visibility, but we feel we’ve gained an esteemed partner who is as committed to innovating in their space as Webflow.”
— Leonard Souza, Director of Engineering at Webflow
