ClickUp

Last updated
ClickUp
Company typePrivate company
IndustryProject management software
Founded2017
FounderZeb Evans (Founder & CEO)
Alex Yurkowski (Founder & CTO)
Website clickup.com

ClickUp is a project management software with features including tasks, whiteboards, spreadsheets, and document collaboration on a unified platform. [1] It was founded by Zeb Evans and Alex Yurkowski in 2017. [2] [3]

Contents

History

In 2017, Zeb Evans and Alex Yurkowski founded ClickUp as an internal tool before being launched publicly as a cloud-based collaboration and productivity software. [4] The company was headquartered in San Francisco before moving to San Diego, California in January 2020.

In June 2020, the company secured $35M in Series A funding. In December 2020, ClickUp closed another $100 million in funding reaching a $1B in valuation. [5]

In 2021, ClickUp raised $400M at a $4B valuation and expanded the platform to Europe, opening an office in Dublin. [6] [7] The same year ClickUp opened an Asia Pacific headquarters in Sydney. [8]

In July 2023, ClickUp laid off 10% of its workforce. With a total headcount of about 900 employees, it represents approximately 90 people. [9] [10]

Product

ClickUp is a cloud-based project management software with workplace collaboration tools in a single platform. ClickUp tools serve development, human resources, marketing, and business operations. The ClickUp platform is used by organizations such as Spotify, IBM, and Logitech.

ClickUp is SaaS-based and customizable. [11]

Operations

In April 2022, ClickUp acquired SlapDash, the developer of a unified search tool for enterprise applications. [12] [13]

Also in 2022, ClickUp unveiled a Whiteboard feature, a visual tool for hybrid work environments. ClickUp AI was launched in February 2023, allowing users to summarize and generate content - this was renamed ClickUp Brain in January 2024. [14] [15] [16]

Related Research Articles

<span class="mw-page-title-main">Salesforce</span> American software company

Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides customer relationship management (CRM) software and applications focused on sales, customer service, marketing automation, e-commerce, analytics, and application development.

<span class="mw-page-title-main">David O. Sacks</span> South African American entrepreneur (born 1972)

David Oliver Sacks is an entrepreneur, author and investor in internet technology firms. He is a general partner of Craft Ventures, a venture capital fund he co-founded in late 2017. Additionally, he is a co-host of the All In podcast, alongside Chamath Palihapitiya, Jason Calacanis and David Friedberg. Previously, Sacks was the COO and product leader of PayPal, and founder and CEO of Yammer. In 2016, he became interim CEO of Zenefits for ten months. In 2017, Sacks co-founded Craft Ventures, an early-stage venture fund. His angel investments include Facebook, Uber, SpaceX, Palantir Technologies, and Airbnb.

Wrike, Inc. is an American project management application service provider based in San Jose, California. Wrike also has offices in Dallas, Tallinn, Nicosia, Dublin, Tokyo, Melbourne and Prague.

HubSpot, Inc. is an American developer and marketer of software products for inbound marketing, sales, and customer service. HubSpot was founded by Brian Halligan and Dharmesh Shah in 2006.

<span class="mw-page-title-main">Lucidworks</span> Software company

Lucidworks is a San Francisco, California-based software company that specializes in commerce, customer service, and workplace applications.

<span class="mw-page-title-main">Canva</span> Online graphic design platform

Canva is an online template editor app for creating social media graphics, presentations, merch and websites.

Asana, Inc., is an American software company based in San Francisco whose flagship Asana service is a web and mobile "work management" platform designed to help teams organize, track, and manage their work. Asana, Inc. was founded in 2008 by Dustin Moskovitz and Justin Rosenstein. The product launched commercially in April 2012. In September 2020, the company was valued at $5.5 billion following its direct listing.

<span class="mw-page-title-main">Stripe, Inc.</span> Irish-American multinational financial services and SaaS company

Stripe, Inc. is an Irish-American multinational financial services and software as a service (SaaS) company dual-headquartered in South San Francisco, California, United States and Dublin, Ireland. The company primarily offers payment-processing software and application programming interfaces for e-commerce websites and mobile applications.

New Relic, Inc. is an American web tracking and analytics company based in San Francisco. The company's cloud-based software allows websites and mobile apps to track user interactions and service operators' software and hardware performance.

BetterCloud, an independent software vendor based in New York, NY and with engineering offices in Atlanta, GA, builds unified SaaS management software. A venture-backed startup, BetterCloud has raised $187 million in total funding, with the most recent round was led by Warburg Pincus with series F funding with $75 million raised to date. A previous round of funding was done in April 2018 which was led by Bain Capital Ventures. In December 2016, BetterCloud completed pivot from G Suite to general SaaS management.

Scale Venture Partners is an early-stage venture capital firm that invests in Series A and Series B rounds. Scale has invested in over 380 Cloud, SaaS, and infrastructure companies over the past 20 years. Of these investments, 159 have resulted in exits, including IPOs for companies like Bill.com, Box, DocuSign, HubSpot, RingCentral, Root Insurance, and WalkMe.

<span class="mw-page-title-main">WalkMe</span> American web-based software company

WalkMe is an American multinational software-as-a-service (SaaS) company, with headquarters in San Francisco, California. Its Digital Adoption Platform (DAP) was recognized in Everest Group's PEAK Matrix Assessment of DAP vendors as the leading DAP product. Alongside its headquarters in San Francisco, the company has offices in Raleigh, North Carolina; Tel Aviv, Israel, and a global footprint including the United Kingdom, Australia, and Japan.

<span class="mw-page-title-main">Databricks</span> American software company

Databricks, Inc. is a global data, analytics and artificial intelligence company founded by the original creators of Apache Spark.

<span class="mw-page-title-main">Dataiku</span> French machine learning company

Dataiku is an American artificial intelligence (AI) and machine learning company which was founded in 2013. In December 2019, Dataiku announced that CapitalG—the late-stage growth venture capital fund financed by Alphabet Inc.—joined Dataiku as an investor and that it had achieved unicorn status. As of 2021, Dataiku is valued at $4.6 billion. Dataiku currently employs more than 1,000 people worldwide between offices in New York, Denver, Washington DC, Los Angeles, Paris, London, Munich, Frankfurt, Sydney, Singapore, Tokyo, and Dubai.

<span class="mw-page-title-main">UiPath</span> Romanian-American developer of robotic process automation software

UiPath Inc. is a global software company that makes robotic process automation (RPA) software. It was founded in Bucharest, Romania, by Daniel Dines and Marius Tîrcă. Its headquarters are in New York City. The company's software monitors user activity to automate repetitive front and back office tasks, including those performed using other business software such as customer relationship management or enterprise resource planning (ERP) software.

Notion is a freemium productivity and note-taking web application developed by Notion Labs, Inc. It offers organizational tools including task management, project tracking, to-do lists, and bookmarking. Additional offline features are offered by desktop and mobile applications available for Windows, macOS, Android, and iOS. Users can create custom templates, embed videos and web content, and collaborate with others in real-time.

Monday.com Ltd. is a cloud-based platform that allows users to create their own applications and project management software. The product was launched in 2014 and in July 2019, the company raised $150 million, based on a $1.9 billion valuation. The company went public in June 2021 and is based in Tel Aviv, Israel.

<span class="mw-page-title-main">Miro (collaboration platform)</span> Visual collaboration website

Miro, formerly known as RealtimeBoard, is a digital collaboration platform designed to facilitate remote and distributed team communication and project management.

Ironclad is a software as a service company that makes contract management software. Founded in 2014 and headquartered in San Francisco, California, Ironclad provides a platform for legal and business teams to create, store, and manage contracts online in a process known as contract lifecycle management.

References

  1. O'Brien, Ciara (2023-03-08). "ClickUp opens new Dublin office as it eyes further expansion". The Irish Times . Retrieved 2023-11-11.
  2. "An Interview with Zeb Evans, ClickUp Founder and CEO: 'The Future of Workplace Productivity Tools is Less Apps That Can Do More'". The Silicon Review. Retrieved 2023-11-11.
  3. Freeman, Mike (2020-12-15). "ClickUp raises $100M as venture capital continues to flow to local startups". San Diego Union-Tribune . Retrieved 2023-11-11.
  4. Meiling, Brittany (2021-06-21). "Billion dollar ClickUp grabs". San Diego Union Tribune . Retrieved 2023-11-09.
  5. Matney, Lucas (2020-06-24). "Productivity platform ClickUp raises $35 million from Craft Ventures". TechCrunch. Retrieved 2023-11-11.
  6. Harford, Sarah (2021-12-01). "US software company ClickUp to hire 200 at new Dublin HQ". Silicon Republic . Retrieved 2023-11-11.
  7. Lunden, Ingrid (2021-10-27). "ClickUp raises $400M at a $4B valuation to expand its all-in-one workplace productivity platform to Europe". TechCrunch . Retrieved 2023-11-11.
  8. Smith, Paul (2021-10-31). "Atlassian's $4b rival plans Aussie assault after big money funding". Australian Financial Review . Retrieved 2023-11-11.
  9. https://www.crn.com/news/software/tech-layoffs-saas-startup-clickup-once-valued-at-4b-cuts-10-percent-of-employees
  10. "A comprehensive list of 2023 & 2024 tech layoffs". Tech Crunch.
  11. Preimesberger, Chris J. (2022-04-04). "ClickUp launches Whiteboard to develop WFH analytics". VentureBeat . Retrieved 2023-11-11.
  12. Dee, Katie (2022-04-26). "ClickUp acquires search platform Slapdash". SD Times . Retrieved 2023-11-11.
  13. Freeman, Mike. "San Diego 'unicorn' ClickUp buys Slapdash to bolster productivity software platform". San Diego Union Tribune. Retrieved 18 November 2023.
  14. "ClickUp launches virtual whiteboards tool to help hybrid teams to create fresh ideas for life". RudeBaguette.
  15. Vainilavičius, Justinas. "ClickUp launches AI management tool". Cybernews.
  16. "Introducing ClickUp Brain: The First AI Neural Network for Work". ClickUp. 2024-01-30. Retrieved 2024-02-04.