ClickUp company profile: valuation, funding & revenue

This ClickUp company profile covers the company's valuation, revenue, funding rounds, investors and history. ClickUp works in software, with a focus on work management and productivity platform. It was founded in 2017 and is headquartered in San Diego, California, United States. Its latest valuation on record is US$4 billion (October 2021). Every figure links to a public source, and anything the company hasn't disclosed is marked as such.

Revenue

About US$300 million — Annual recurring revenue (company-reported), as of September 2025. Source: ClickUp (Business Wire).

Funding history

ClickUp timeline

Key dates from the sources on this page, oldest first. Metric snapshots are listed after the funding events.

• 2017 — ClickUp is founded in San Diego by Zeb Evans (CEO) and Alex Yurkowski.
• Dec 2020 — Series B: US$100M, valuing the company at About US$1B. Investors: Craft Ventures and Georgian (co-leads).
• Oct 2021 — Series C: US$400M, valuing the company at US$4B. Investors: Andreessen Horowitz and Tiger Global (co-leads).

Investors

Overview

ClickUp is an all-in-one productivity platform that combines project management, tasks, documents, goals, whiteboards, chat, time tracking and AI in a single application. Its slogan, "one app to replace them all", reflects its strategy: rather than using separate tools for tasks, docs and communication, teams can work in one place where everything is connected. ClickUp is used by millions of people at companies of all sizes, from startups to large enterprises, and has grown quickly while adding features at a rapid pace.

Zeb Evans, the CEO, and Alex Yurkowski founded ClickUp in San Diego in 2017. Evans had previously run a company where his team used many different productivity tools and found switching between them inefficient, so they built an internal tool that became ClickUp. The company bootstrapped its early growth before raising venture capital in 2020.

Products

• Tasks and projects: flexible lists, boards, Gantt charts, calendars and dependencies.
• Docs and wikis: documents connected to tasks and projects.
• Chat: team messaging integrated with work, aimed at reducing reliance on separate chat apps.
• Goals and dashboards: tracking objectives and reporting.
• Whiteboards: visual collaboration.
• ClickUp Brain and AI agents: AI that answers questions across all of a company's work, writes and summarises content, and agents that automate tasks.
• Enterprise search: searching across ClickUp and connected apps.

Funding

ClickUp raised a US$100 million Series B in December 2020 at about US$1 billion, co-led by Craft Ventures and Georgian. In October 2021 it raised a US$400 million Series C at a US$4 billion post-money valuation, co-led by Andreessen Horowitz and Tiger Global, one of the largest Series C rounds for a software company at the time. We haven't found a newer priced round, so the 2021 valuation should be treated as historical.

Revenue

In September 2025, ClickUp announced it was approaching US$300 million in annual recurring revenue, with AI-related sales growing about 400% year over year and AI usage growing about 800%. At that level, its 2021 valuation would represent roughly 13 times ARR.

Business model

ClickUp uses a freemium model with paid plans for individuals, teams and enterprises, priced per user, plus add-ons for AI. Its broad product means customers can consolidate several tools, which is a key part of its pitch to finance and IT teams looking to cut software costs.

Competition

ClickUp competes with Asana, Monday.com, Smartsheet, Wrike, Atlassian's Jira and Confluence, Notion, Linear and Microsoft's productivity suite, as well as Slack in chat. Its advantage is breadth, combining many tools in one; its challenge is making a feature-rich product easy to use and fast.

ClickUp at a glance

ClickUp is a San Diego productivity company founded in 2017 by Zeb Evans and Alex Yurkowski. Its all-in-one platform combines tasks, docs, chat and AI. It raised a US$400 million Series C at a US$4 billion valuation in October 2021, co-led by Andreessen Horowitz and Tiger Global, and said in September 2025 that it was approaching US$300 million in ARR.

Timeline

• 2017: founded in San Diego.
• 2019: grows rapidly while largely bootstrapped.
• December 2020: raises US$100 million at about US$1 billion.
• October 2021: raises US$400 million at US$4 billion.
• 2023–2025: launches ClickUp Brain, chat and AI agents; nears US$300 million ARR.

The consolidation trend

During the software boom, many companies accumulated dozens of overlapping tools. As budgets tightened after 2022, finance and IT teams looked for ways to reduce the number of applications and licences. All-in-one platforms such as ClickUp and Notion pitch themselves as consolidation opportunities, while specialist tools argue they do one job better. AI strengthens the case for consolidation, because AI assistants are more useful when they can see all of a company's work in one place.

Who uses ClickUp

ClickUp's users include marketing agencies, software teams, operations and project managers, consultancies and enterprises standardising work management across departments. Many start with a single team and expand across the organisation.

Risks

• Complexity: rapid feature growth can make the product harder to learn.
• Competition: large incumbents and AI-native tools compete intensely.
• Stale valuation: its last priced round dates from 2021.

Questions for teams

• Which tools could you replace, and what are the migration costs?
• How customisable are workflows, and how easy are they to maintain?
• How do AI features handle data access and permissions?

ClickUp's AI strategy

ClickUp Brain, its AI layer, can answer questions using information across a company's tasks, docs and chats, write project updates, summarise threads and generate plans. Because ClickUp holds so much of a team's work in one place, its AI can provide context that standalone assistants can't easily access. ClickUp has also built AI agents that can take actions, such as updating tasks, triaging requests and creating reports. The company's reported growth in AI sales suggests customers are willing to pay extra for these features, a key test for many software companies trying to monetise AI.

Valuation context

ClickUp's US$4 billion valuation in 2021 came at a time of very high software multiples. With ARR approaching US$300 million in 2025, that valuation would represent roughly 13 times ARR, closer to typical levels for growing software companies. Our guide to SaaS valuation multiples explains how such figures compare.

Shipping speed as a culture

ClickUp became known for releasing new features at a very rapid pace, sometimes weekly. That approach helped it catch up with established competitors quickly and respond to customer requests, but it also drew criticism from some users about performance and complexity. In recent years the company has emphasised speed improvements and a redesigned interface alongside new features.

Integrations

ClickUp connects with tools such as Slack, GitHub, Google Drive, Zoom, HubSpot and Salesforce, so teams can bring information into one workspace even when some work happens elsewhere. Strong integrations help it win customers who aren't ready to replace every tool at once.

ClickUp also offers templates for common workflows, such as marketing calendars and product roadmaps, to help new teams get started quickly.

Latest developments (October 2026)

ClickUp has not announced a new priced round since its 2021 Series C at US$4 billion. Secondary-market data cited by TrueUp in 2026 implied a value of roughly US$2 billion, about half the last round price, which suggests buyers now value the company below its 2021 mark, though such estimates are based on thin trading. The productivity software market has shifted toward AI assistants built into project tools, where ClickUp competes with Notion, Asana, Monday.com and Atlassian. The 2021 valuation remains the latest sourced figure and should be read as dated.

What to watch

Watch ARR growth, AI adoption, enterprise wins, any new funding or IPO plans, and competition with Notion and Asana. Our guide to the largest private SaaS companies covers related companies.

Takeaways

Teams can consolidate tasks, docs and chat in one platform. Founders can see how breadth and speed of shipping can drive growth. Investors should compare its 2021 valuation with its current ARR.

Sources

Every figure on this page comes from the public sources below. Where sources disagreed, we used the company's own announcement or a primary news report. Private-company data changes; check the date beside each figure.

1. Multiples.vc
2. ClickUp (Business Wire)