--ClickUp appoints APAC Director and unveils plans to open Sydney HQ creating 
hundreds of local jobs

ClickUp ( 
https://c212.net/c/link/?t=0&l=en&o=3342824-1&h=782568679&u=http%3A%2F%2Fwww.clickup.com%2F&a=ClickUp 
), the world's only all-in-one productivity platform, today announced that the 
company has raised $400 million in Series C funding to reshape how teams work 
and give businesses a competitive advantage. The Series C funding, co-led by 
Andreessen Horowitz and Tiger Global, with participation from Lightspeed 
Venture Partners and Meritech Capital, puts ClickUp at a $4 billion USD 
valuation. Today's announcement represents the largest Series C funding round 
to date in the workplace productivity space.

Logo - https://mma.prnewswire.com/media/1195692/ClickUP_Logo.jpg 

The funding will be used to fuel ClickUp's global expansion starting with a new 
office and recruitment drive in Australia. ClickUp's expansion in Australia 
will be led by former Zendesk executive, Melbourne-based APAC Director James 
Slattery.

"ClickUp is one of the fastest-growing SaaS companies in the world and we see 
Australia as a critical market as we look to grow our footprint across the APAC 
region, and help companies improve productivity. We have already received a 
strong response to the news of our expansion from existing and new customers in 
Australia, and we look forward to growing our team and customers to provide a 
more localised experience in the APAC region," James says.

ClickUp will open a Sydney HQ in December, 2021 and has plans to hire 200+ 
people over the next three years across sales, support, business operations, 
and engineering.

"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," says Zeb Evans, CEO and Founder of 
ClickUp. "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."

ClickUp is one of the fastest-growing SaaS companies in the world thanks to its 
flexible productivity platform that flexes to the way people want to work. It 
is the only solution that truly replaces all individual workplace productivity 
tools within a single, unified platform, including: project management, 
document collaboration, spreadsheets, chat, and goals. Today, more than 90 
percent of ClickUp customers actively use three or more products within the 
platform.

In the last year, ClickUp has tripled its revenue and grew its user base from 
200,000 to 800,000 teams worldwide. Businesses all over the world, including 
Australian companies the Accent Group, Booking.com and McDonalds, are choosing 
ClickUp to meet the demands of their evolving workplace.

This new round brings ClickUp's total funding to $535 million. The additional 
investment will be used to expand the company's global footprint and hire 
world-class talent. In addition, ClickUp will use the funds to accelerate the 
development of innovative new products and cutting-edge features, while scaling 
the awareness and usage of ClickUp to new audiences.

"ClickUp's unique offering in the market has fueled their rise as one of the 
fastest-growing SaaS startups in the world. Their strong growth, product 
adoption, and customer retention reflect the tremendous value they're providing 
to businesses looking to drive greater productivity and efficiency," said David 
George, general partner at Andreessen Horowitz. "ClickUp is synonymous with the 
future of work, and we're thrilled to partner with a company that has shown 
such a strong commitment to its users and product. We look forward to building 
a more productive world together."

To learn more about ClickUp's funding and growth, visit 
www.clickup.com/blog/series-c, or to try ClickUp free forever and start saving 
you and your team one day every week, visit www.ClickUp.com.

About ClickUp 
ClickUp is the world's only all-in-one productivity platform that flexes to the 
way people want to work. It replaces all individual workplace productivity 
tools with a single, unified platform that includes project management, 
document collaboration, spreadsheets, chat, and goals. Founded in 2017 and 
based in San Diego, ClickUp is on a mission to make the world more productive. 
As one of the fastest-growing SaaS companies in the world, ClickUp has helped 
more than 800,000 teams and millions of users lead a more productive life and 
save at least one day every week. To learn more, visit www.ClickUp.com.

About Andreessen Horowitz
Andreessen Horowitz (a16z) is a Silicon Valley-based venture capital firm that 
backs bold entrepreneurs building the future through technology. The firm is 
stage agnostic, investing in seed to late-stage technology companies, across 
the consumer, enterprise, bio/healthcare, crypto, and fintech spaces. a16z has 
over $19 billion in assets under management across multiple funds. See 
portfolio companies here: https://a16z.com/portfolio/.

About Tiger Global
Tiger Global Management is a leading global technology investment firm with 
over $90 billion under management. The firm focuses on private and public 
companies in the software, internet, and financial technology sectors. Since 
2001, Tiger Global has invested in hundreds of companies across more than 30 
countries, including investments ranging from Series A to pre-IPO. The firm 
aims to partner with dynamic entrepreneurs operating market-leading companies 
in its core focus areas. Tiger Global's investments have included 
https://JD.com, Toast, Databricks, UiPath, Stripe, Bytedance, Snowflake, 
Facebook, Alibaba, Procore, Chime, Peloton, Attentive, LinkedIn, and Flipkart.

About Lightspeed Venture Partners 
Lightspeed Venture Partners is a multi-stage venture capital firm focused on 
accelerating disruptive innovations and trends in the Enterprise, Consumer, and 
Health sectors. Over the past two decades, the Lightspeed team has backed 
hundreds of entrepreneurs and helped build more than 400+ companies globally, 
including Snap, AppDynamics, Affirm, Epic Games, MuleSoft, and Guardant Health. 
Lightspeed and its affiliates currently manage $10.5B across the global 
Lightspeed platform, with investment professionals and advisors in Silicon 
Valley, Israel, India, China, Southeast Asia, and Europe. www.lsvp.com

About Meritech Capital Partners
Meritech Capital Partners is a leading provider of late-stage venture capital 
to category-defining private technology companies, and has been one of the 
top-performing venture firms of the past two decades. The firm was founded in 
1999 and has cumulatively managed almost $4 billion in total capital. Past and 
present investments include Alteryx, Anaplan, Auth0, Braze, Coupa, Datadog, 
Facebook, Looker, MuleSoft, NetSuite, Outreach, Proofpoint, Roblox, Salesforce, 
Segment, Snowflake, Tableau, and UiPath. The firm has offices in Palo Alto and 
San Francisco, CA and can be found at www.meritechcapital.com.

SOURCE: ClickUp

CONTACT: Danielle Gavitt, danielle@clickup.com