Assertion Supported AI assessment confidence: 90% certainty 4/5 debate potential 1/5

Evans: ClickUp raised its Series A at a $200M valuation

Zeb Evans · Clickup Breaks $85m ARR, "On Track for $200m in 2022" says CEO Zeb Evans · Nov 16, 2021 · at 19:43

ClickUp founder and CEO Zeb Evans shares details of the company's early fundraising milestones with Nathan Latka.

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“Our series A was two hundred million.”

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The claim, plainly

ClickUp raised its Series A funding round at a $200 million valuation.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

On November 16, 2021, ClickUp CEO Zeb Evans stated that the company's Series A funding round had a $200 million valuation. Public records and financial reporting corroborate this valuation for the Series A closed in June 2020: Forge Global records the Series A round at a post-money valuation of $216.11 million ($35 million raised), Bloomberg reported in December 2020 that ClickUp's subsequent $1 billion Series B valuation was roughly five times its earlier Series A valuation (implying ~$200 million), and startup database GetLatka lists the Series A valuation at $200 million.

On June 24, 2020, ClickUp and Craft Ventures announced a $35 million Series A round.
Forge Global records the June 2020 Series A post-money valuation at $216.11 million.
Bloomberg reported in December 2020 that ClickUp's $1 billion Series B was roughly five times its valuation from the Series A round earlier in 2020.

Checked against

[1] prnewswire.com [2] craftventures.com [3] quora.com [4] forgeglobal.com [5] getlatka.com

ClickUp Pitchbook Series A valuation ClickUp Series A Craft Ventures valuation June 2020 "ClickUp" "Series A" "200 million" OR "216" OR "216.1" valuation

assessed as of 2026-09-02

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

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ClickUp Zeb Evans

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Insight

Evans: Founders should bootstrap until product-market fit before raising VC

“I'm still, I still have very much an advocate for bootstrap as long as you can, until you get product market fit through, through getting product market fit after your product, product market fit, raise capital and efficient means when, you know, unit economic…”

Zeb Evans Nov 16, 2021 ▶ 3:13 Clickup Breaks $85m ARR, "On Track for $200m in 2022" says CEO Zeb Evans

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“The only defensibility that we have is moving faster than our competitors and building better, a better product and a better user experience than they can as well.”

Zeb Evans Nov 16, 2021 ▶ 4:02 Clickup Breaks $85m ARR, "On Track for $200m in 2022" says CEO Zeb Evans

Insight

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“Traditionally that's not the thing to do in software, right? You're supposed to do one thing and do it well. And we've kind of always been the antithesis of that.”

Zeb Evans Nov 16, 2021 ▶ 5:51 Clickup Breaks $85m ARR, "On Track for $200m in 2022" says CEO Zeb Evans

Disclosure

Evans used a $5M convertible note to net 30% more equity

“Well, so I put in a cap at five million. So that, so essentially I was investing at a five million valuation. And then when we invested at two hundred million, your nerds, your notes convert at that same, I mean, I got like another 30 or 40% of the company.”

Zeb Evans Nov 16, 2021 ▶ 20:15 Clickup Breaks $85m ARR, "On Track for $200m in 2022" says CEO Zeb Evans

Disclosure

Evans used a fake name on early ClickUp enterprise sales calls

“And I was you know, using a fake name to be the acting salesperson in some of the calls.”

Zeb Evans Oct 8, 2020 ▶ 10:00 Clickup Close To $34m in Revenue, Competing in Project Management Space with 300,000 Paid Seats

Insight

Having the CEO run sales calls makes a startup appear too small

“You kind of appear small when the CEO is the person doing the sales and answering the question.”

Zeb Evans Oct 8, 2020 ▶ 10:24 Clickup Close To $34m in Revenue, Competing in Project Management Space with 300,000 Paid Seats

Evans: ClickUp raised its Series A at a $200M valuation

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