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ClickUp hits $1 billion valuation in $100M Series B raise – TechCrunch

ClickUp hits $1 billion valuation in $100M Series B raise Just six month after raising its first bit of outside funding, ClickUp has closed $100 million in new funding and reached a $1 billion valuation, a report in Bloomberg first reported. The company has seen plenty of growth in the past several months to justify that new unicorn status, including doubling the amount of users to 2 million. In a press release the company also detailed it had grown revenue nine times over since the beginning of the year. This latest $100 million round was led by Canadian firm Georgian with participation from Craft Ventures, which led the startup’s $35 million Series A back in June. The high valuation showcases just how eager investors are to find winners in the productivity software space, which has seen massive customer gains as an industry this year, partially as a result of shifting corporate attitudes toward working from home.

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ClickUp raises $100M as venture capital continues to flow to local startups

Print San Diego-based ClickUp, which makes productivity software for businesses including tools for remote work, has raised $100 million in a second round of venture capital funding. The latest funding, announced Tuesday, comes on the heels of ClickUp corralling $35 million in June. It highlights how San Diego startups continue raising money at what looks like a record pace despite the coronavirus pandemic. Local startups are expected to pull in well over $1 billion in the fourth quarter based on deals announced so far. That comes on top of $3.4 billion raised during the first three quarters of the year. For all of 2019, San Diego startups took in a total of $3.5 billion, which was the largest amount of venture capital flowing into the region in the previous five years, according to industry research firm Pitchbook.

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ClickUp CEO talks hiring, raising and scaling in the white-hot productivity space – TechCrunch

ClickUp CEO talks hiring, raising and scaling in the white-hot productivity space Few young software companies have had as great a year as San Diego-based ClickUp. The company, which makes business productivity tools for task management, goals and docs, raised its first bit of outside funding in mid-2020. Just six months later, it has reached a $1 billion valuation after doubling its customer base and revenue increased ninefold as businesses embraced remote work. The new funding and valuation after just a few months of hefty growth show just how closely investors are watching the productivity software space. I spoke with ClickUp CEO Zeb Evans yesterday to get his insights on the challenges of hypergrowth and why it made sense to say “yes” to the check.

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(ASAN), Salesforce.com Inc (NYSE:CRM) - Asana Rival ClickUp Hits $1B Valuation In Latest Funding Round: Bloomberg

(ASAN), Salesforce.com Inc (NYSE:CRM) - Asana Rival ClickUp Hits $1B Valuation In Latest Funding Round: Bloomberg
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Software maker ClickUp reaches US$1b value in funding round

Software maker ClickUp reaches US$1b value in funding round
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