Company:ClickUp

From HandWiki
Short description: Project management software
ClickUp
TypePrivate company
IndustryProject management software
Founded2017
FounderZeb Evans (Founder & CEO)
Alex Yurkowski (Founder & CTO)
Websiteclickup.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]

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.[14][15]

References

  1. O'Brien, Ciara (2023-03-08). "ClickUp opens new Dublin office as it eyes further expansion" (in en). https://www.irishtimes.com/business/2023/03/08/clickup-opens-new-dublin-office-as-it-eyes-further-expansion/. 
  2. "An Interview with Zeb Evans, ClickUp Founder and CEO: ‘The Future of Workplace Productivity Tools is Less Apps That Can Do More’" (in en). https://thesiliconreview.com/magazine/profile/clickup-is-the-future-of-workplace-productivity. 
  3. Freeman, Mike (2020-12-15). "ClickUp raises $100M as venture capital continues to flow to local startups" (in en-US). https://www.sandiegouniontribune.com/business/story/2020-12-15/clickup-raises-100m-as-venture-capital-continues-to-flow-to-local-startups. 
  4. Meiling, Brittany (2021-06-21). "Billion dollar ClickUp grabs". https://www.sandiegouniontribune.com/business/story/2021-06-21/san-diegos-newest-tech-unicorn-grabs-east-village-high-rise-next-to-petco-park. 
  5. Matney, Lucas (2020-06-24). "Productivity platform ClickUp raises $35 million from Craft Ventures" (in en-US). https://techcrunch.com/2020/06/24/productivity-platform-clickup-raises-35-million-from-craft-ventures/. 
  6. Harford, Sarah (2021-12-01). "US software company ClickUp to hire 200 at new Dublin HQ" (in en). https://www.siliconrepublic.com/jobs-news/clickup-dublin-european-headquarters-jobs. 
  7. Lunden, Ingrid (2021-10-27). "ClickUp raises $400M at a $4B valuation to expand its all-in-one workplace productivity platform to Europe" (in en-US). https://techcrunch.com/2021/10/27/clickup-raises-400m-at-a-4b-valuation-to-expand-its-all-in-one-workplace-productivity-platform-to-europe/. 
  8. Smith, Paul (2021-10-31). "Atlassian’s $4b rival plans Aussie assault after big money funding" (in en). https://www.afr.com/technology/atlassian-s-4b-rival-plans-aussie-assault-after-big-money-funding-20211029-p594ef. 
  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". https://techcrunch.com/2024/01/18/tech-layoffs-2023-list/. 
  11. Preimesberger, Chris J. (2022-04-04). "ClickUp launches Whiteboard to develop WFH analytics" (in en-US). https://venturebeat.com/software/startup-clickup-launches-whiteboard-to-develop-wfh-analytics/. 
  12. Dee, Katie (2022-04-26). "ClickUp acquires search platform Slapdash" (in en-US). https://sdtimes.com/softwaredev/clickup-acquires-search-platform-slapdash/. 
  13. Freeman, Mike. "San Diego ‘unicorn’ ClickUp buys Slapdash to bolster productivity software platform". https://www.sandiegouniontribune.com/business/story/2022-04-26/san-diego-unicorn-clickup-buys-slapdash-to-bolster-productivity-software-platform. 
  14. "ClickUp launches virtual whiteboards tool to help hybrid teams to create fresh ideas for life.". https://www.rudebaguette.com/en/2022/04/clickup-launches-virtual-whiteboards-tool-to-help-hybrid-teams/. 
  15. Vainilavičius, Justinas. "ClickUp launches AI management tool". https://cybernews.com/tech/clickup-launches-ai-management-tool/.