ClickUp receives $400 million in latest funding round to enhance workplace productivity tools

ClickUp, an all-in-one productivity platform, announced that the company has raised $400 million in Series C funding, enabling it to reshape how teams work while giving businesses a competitive advantage.

The Series C funding, co-led by Andreessen Horowitz and Tiger Global, with participation from Lightspeed Venture Partners and Meritech Capital Partners, puts ClickUp at a $4 billion valuation.

This new round brings ClickUp's total funding to $535 million. The additional investment will be used to expand the company's global footprint and hire world-class talent. In addition, ClickUp will use the funds to accelerate the development of innovative new products and cutting-edge features, while scaling the awareness and usage of ClickUp to new audiences.

"ClickUp's sole purpose has always been to make the world more productive. Time is our most valuable resource and we are committed to giving people more time to focus on what matters most to them," said Zeb Evans, CEO and founder of ClickUp. "We believe software should make people more productive and efficient. I'm thrilled about our next chapter and accelerating the innovations that deliver on this promise to our customers."

ClickUp is one of the fastest-growing SaaS companies in the world thanks to its flexible productivity platform that flexes to the way people want to work, according to the vendor.

The company offers a solution that replaces all individual workplace productivity tools within a single, unified platform, including: project management, document collaboration, spreadsheets, chat, and goals.

In the last year, ClickUp has tripled its revenue and grew its user base from 200,000 to 800,000 teams worldwide. Businesses all over the world, including teams at McDonalds, Booking.com, Papa Johns, and Netflix, are choosing ClickUp to meet the demands of their evolving workplaces.

For more information about this news, visit www.clickup.com.