ClickUp explained

ClickUp
Type:	Private company
Industry:	Project management software
Founded:	2017
Location City:	San Diego, California
Location Country:	U.S.
Founder:	Zeb Evans (Founder & CEO) Alex Yurkowski (Founder & CTO)

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]

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.^[3] 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.^[4]

In 2021, ClickUp raised $400M at a $4B valuation and expanded the platform to Europe, opening an office in Dublin.^{[5] [6]} The same year ClickUp opened an Asia Pacific headquarters in Sydney.^[7]

In July 2023, ClickUp laid off 10% of its workforce. With a total headcount of about 900 employees, it represents approximately 90 people. ^{[8] [9]}

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.^[10]

Operations

In April 2022, ClickUp acquired SlapDash, the developer of a unified search tool for enterprise applications.^{[11] [12]}

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.^{[13] [14] [15]}

Notes and References

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