Clockwise

Clockwise — Funding & Company Data

Financial overview and investor data for Clockwise.

High confidence data Last verified 3 months ago

Founded

2016

Stage

Series c

Total Raised

$76M

HQ

San Francisco, CA, United States

Team

51-200

Model

freemium

Analyst Take

Clockwise's funding trajectory demonstrates a consistent ability to attract capital from high-quality investors at each stage. The initial Seed and Series A rounds established its foundation, followed by a solid $18 million Series B in 2020 that signaled product-market fit, especially as remote work surged. The capstone is the $45 million Series C in January 2022, led by late-stage powerhouse Coatue.

The participation of strategic investor Atlassian Ventures in the Series C is a significant vote of confidence, suggesting deep integrations and potential enterprise distribution channels. The investor syndicate, which includes Accel, Greylock, and Bain Capital Ventures, is a roster of top-tier firms known for backing successful SaaS companies. This provides Clockwise not only with capital but also with a powerful network and deep operational expertise.

Raising a substantial Series C before the market downturn of late 2022 and 2023 was a strategically sound move. This likely provided the company with a multi-year runway to navigate economic uncertainty, continue to scale its team, and enhance its AI-driven scheduling technology. From a competitive standpoint, this level of funding allows Clockwise to aggressively pursue market share against other calendar optimization and productivity tools, positioning it as a well-capitalized leader in its category.

Stability

Clockwise appears to be a stable company with a high likelihood of being operational in 2+ years. Its last major funding round was a substantial $45 million Series C in January 2022, providing a significant financial cushion to weather market shifts and invest in growth.

Growth

The company has demonstrated strong growth, having raised progressively larger funding rounds and attracted over 10,000 organizations as customers, including major tech companies like Netflix, Twitter, and Atlassian. While one source noted a recent employee count contraction, the overall financial backing and customer adoption point towards a company focused on sustainable, long-term growth.

For Buyers

For a potential buyer, Clockwise's strong funding and backing from reputable investors reduce the risk of the service being discontinued abruptly. This financial stability makes it a relatively safe choice for teams and enterprises looking to commit to a long-term productivity platform.

Funding Timeline

Series C $45M January 2022

Investors: Coatue, Atlassian Ventures, Accel, Greylock Partners, Bain Capital Ventures

Series B $18M June 2020

Investors: Bain Capital Ventures, Accel, Greylock Partners

Valuation: $93M

Series A $11M June 2019

Investors: Accel, SV Angel

Seed $2M April 2017

Notable Investors

Coatue Bain Capital Ventures Accel Greylock Partners Atlassian Ventures

Sources

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