Press Release

ClickUp Boosts Valuation to $4 Billion With Series C Round

October 29, 2021

San Diego – October 29, 2021 – Cooley advised ClickUp, a workplace productivity company, on its $400 million Series C financing, which brings its valuation to $4 billion. Lawyers Kevin Rooney, John Stellini, JP Tarbutton, Kristina Krasnikova, Rebecca Ross and Patrick Stewart led the Cooley team advising ClickUp.

Andreessen Horowitz and Tiger Global co-led the round, which also included participation from Lightspeed Venture Partners and Meritech Capital Partners, as well as existing investors Georgian Partners and Craft Ventures. ClickUp will use the funding to double down on growth in Europe, with 600 new jobs and new headquarters set for Ireland to handle research and development, operations and sales.

“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,” Zeb Evans, CEO and founder of ClickUp, said in a news release. “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.”

Billing itself as “one app to replace them all,” ClickUp offers a set of tools to let users tackle project management, document collaboration, spreadsheets, chat and goals from a single platform. Fully customizable, ClickUp works for every type of team, so everyone can use the same app to plan, organize and collaborate. It is trusted by millions of users and more than 100,000 teams at some of the world’s best companies.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has 1,500 lawyers across 17 offices in the United States, Asia and Europe.

This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.