# ClickUp

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clickup

- Industry: Software
- Headquarters: San Diego, US
- Website: www.clickup.com
- Total disclosed funding: $532M
- Latest round: Series C (Oct 22, 2021)
- Investors on record: 6

## About

Founded in 2016 and based in San Diego, CA, Mango Technologies, Inc., develops and operated ClickUp™, a productivity platform that integrated project management and communication tools to optimize workflow for teams across a wide range of sectors. Co-founded by Alex Yurkowski, Ana Da Costa, Diego Araújo, Fernando Arbuatti, Jakub Filipcsik, and Zeb Evans, ClickUp has established a notable presence in the market. In October 2021, Clickup raised USD 398.93 million in Series C funding co-led by new investors Andreessen Horowitz and Tiger Global Management, with participation from other new investors Lightspeed Venture Partners and Meritech Capital Partners. Other unspecified investors also participated in the round. ClickUp™ offers a comprehensive suite of productivity tools designed to enhance workflow across various sectors. The core product is an all-in-one application that integrates project management, knowledge sharing, and communication functionalities. Key features include task management, AI-driven notetaking, time tracking, and customizable templates, facilitating seamless collaboration and organization for teams. Addressing challenges of app-switching and fragmented workflows, ClickUp aims to provide a unified work environment that boosts productivity and saves time. The platform serves a diverse client base, including marketing teams, product development units, and engineering departments across geographical markets such as North America, Europe, and Asia-Pacific, helping businesses streamline operations and improve overall efficiency. Revenue generation for ClickUp is primarily driven through a subscription-based model, where clients pay for access to various tiers of service that unlock different features and functionalities. The company offers multiple pricing plans tailored to meet the needs of different user groups, including free access and premium subscriptions for enhanced capabilities. Businesses typically enter into agreements to utilize ClickUp’s services on an annual or monthly basis, ensuring effective workflow management. The platform's flagship offerings, such as its AI tools and project management capabilities, play a crucial role in client engagement and retention, fostering long-term partnerships with businesses looking to optimize their operational processes and productivity.

## Funding rounds

- Series C, Oct 22, 2021, $399M — Lightspeed Venture Partners, Meritech Capital Partners, Tiger Global Management, Andreessen Horowitz
- Series B, Oct 30, 2020, $100M — Georgian, Craft Ventures
- Series A, Jun 5, 2020, $33M — Georgian, Craft Ventures

## Investors

- Georgian — Series A, Series B
- Craft Ventures (https://capitalatlas.ai/funds/craft-ventures) — Series A, Series B
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series C
- Meritech Capital Partners (https://capitalatlas.ai/funds/meritech-capital-partners) — Series C
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series C
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series C