Productivity app ClickUp raises $100M in Series B funding to replace other workplace apps across an organization

Since the introduction of personal computers in the early 80s, productivity software has changed the way we work and made tasks easier for office workers. Productivity software is often used for producing information (such as documents, presentations, worksheets, databases, charts, graphs, digital paintings, electronic music, and digital videos.)

However, productivity software is broken. We’re now at a point where a single organization uses at least half a dozen productivity software. There are just too many tools to keep track of, too many things in entirely separate ecosystems. With a plethora of productivity software or apps, users are now faced with the challenges of sharing data across these tools. We’ve reached the point of what some experts called application sprawl. Enter ClickUp, a San Diego-based tech startup that has developed one app to replace all the apps for tasks, docs, spreadsheets, goal tracking, email, more, together in one place. ClickUp is the only productivity platform that replaces all other workplace apps across an organization. ClickUp is also used by teams within Google, Uber, Nike, and Netflix.

Today, ClickUp announced that it has raised $100 million in Series B funding to make massive improvements to the product as well as hire more staff. The round was led by Georgian (Shopify, FreshBooks, Ritual, Top Hat, etc.), with participation from Craft Ventures (David Sacks – Slack, Bird, SpaceX, Uber, Warby Parker, Reddit, and others.)

Commenting on the funding, ClickUp CEO Zeb said: “As we continue to grow at a rapid pace, we found that more resources have allowed us to accomplish our mission even faster than we imagined. ClickUp is at the forefront of making people more productive and more efficient than ever before, and with this new funding, we’ll be able to make massive improvements to the product as well as hire the BEST people to further fulfill our vision.”

Founded in 2017 by Alex Yurkowski and Zeb Evans, ClickUp offers an all-in-one customizable workplace productivity platform that serves all departments across an organization. ClickUp belongs to the latter camp, selling a $5 per month per user plan (billed annually), that people access to task management software, docs and wikis, chat, and integrations with a host of other popular tools. It’s a robust set of tools that is malleable depending on the task at hand.

To date, ClickUp’s platform is used by 200K teams worldwide (including teams within Google, Uber, Nike, and Netflix), and they have seen more than 900% revenue growth in the past year. Combined with this new funding, it is positioned to lead the explosive productivity management software market, which is expected to exceed $102B by 2027.