ClickUp Raises $400 million Series D

ClickUp raised $400M in Series D financing led by Andreessen Horowitz, with participation from a16z. AI work management with 10M teams milestone. The new capital is framed around Build ClickUp AI and launch ClickUp Automations for no-code workflows.

What it does

AI work management with 10M teams milestone. The business sits in AI & Machine Learning, where funded companies are using fresh capital to deepen product coverage, distribution, or operating capacity.

Traction

10M+ teams; AI generates project plans and task summaries automatically. Management framed the new capital around Build ClickUp AI and launch ClickUp Automations for no-code workflows.

Trend impact

Work management AI at $4B competing with Monday.com and Asana. The capital raise matters because it gives the company more room to compete for customers, talent, and mindshare while incumbents and adjacent startups respond with clearer product depth or distribution.

Funding history

• December 1, 2023 · Series D · $400 million · Andreessen Horowitz, alongside a16z
• December 1, 2021 · Series C · $400 million · Andreessen Horowitz, alongside a16z

Products & services

• AI & Machine Learning workflow monitoring tied to the funding announcement
• Customer-facing product described on the company website
• Operational tooling for ai & machine learning teams
• Data capture and reporting across core business processes
• Team expansion support funded by the latest round