Funding round
ClickHouse Series A
ClickHouse, which works in database management system development in Redwood City, raised $50M in a Series A round announced on 20 Sep 2021, led by Index Ventures and Benchmark. 19 firms took part. It is ClickHouse's first venture round on record.
$50M
Amount raised
Not disclosed
Post-money valuation
19
Investors
2 leads
Valuation
What this round says about the price
ClickHouse did not disclose a valuation in this round. It is ClickHouse's first venture round on record, in the year it was founded (2021). It is 7.1% of the $700M ClickHouse has raised in the venture rounds on record. ClickHouse raised again 1 month later: a Series B round of $250M in Oct 2021, at $2.00B post-money.
ClickHouse's funding rounds
ClickHouse has 3 venture rounds on record and 1 other deal. This one is highlighted.
Investors
Who put money in
Index Ventures and Benchmark led the round with 17 other firms.
Lead investors
- Index Ventures backs 353 venture-backed companies new investor
- Benchmark new investor
Also in the round
- Yandex N.V. new investor
- Coatue backs 229 venture-backed companies new investor
- backs 15 venture-backed companies new investor
- backs 47 venture-backed companies new investor
- Authentic Ventures new investor
- BoxGroup backs 175 venture-backed companies new investor
- backs 52 venture-backed companies new investor
- backs 20 venture-backed companies new investor
- Company Capital new investor
- CRV backs 177 venture-backed companies new investor
- backs 68 venture-backed companies new investor
- backs 99 venture-backed companies new investor
- backs 28 venture-backed companies new investor
- Sequoia Capital backs 589 venture-backed companies new investor
- backs 60 venture-backed companies new investor
- backs 19 venture-backed companies new investor
- Yext new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
1,861 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 4.1 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 15 Sep 2021 | $69M | not disclosed | Silversmith Capital Partners |
| Tech Companies | 15 Sep 2021 | $55M | not disclosed | Silversmith Capital Partners |
| Tech Companies | 30 Sep 2021 | $50M | not disclosed | Molten Ventures |
| Tech Companies | 9 Sep 2021 | $45M | $300M | Index Ventures |
| Cohere Tech Companies | 7 Sep 2021 | $40M | not disclosed | Index Ventures |
| Tech Companies | 1 Sep 2021 | $38M | not disclosed | Target Global |
| Tech Companies | 1 Sep 2021 | $36M | not disclosed | Insight Partners and Peak |
| Tech Companies | 21 Sep 2021 | $34M | not disclosed | Tiger Global |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did ClickHouse raise in its Series A round?
ClickHouse raised $50M in its Series A round, announced in Sep 2021.
Who led ClickHouse's Series A round?
Index Ventures and Benchmark led it, with Yandex N.V., Coatue, Hanabi, 2048 Ventures and Authentic Ventures and 12 more.
What was ClickHouse's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
1,861 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 4.1 times the median.
Did ClickHouse raise again after this round?
Yes: a Series B round in Oct 2021 of $250M at $2.00B post-money.