Clockwise — Funding & Company Data
Financial overview and investor data for Clockwise.
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
Investors: Coatue, Atlassian Ventures, Accel, Greylock Partners, Bain Capital Ventures
Investors: Bain Capital Ventures, Accel, Greylock Partners
Valuation: $93M
Investors: Accel, SV Angel
Notable Investors
Sources
- startupintros.com (vertexaisearch.cloud.google.com)
- pulse2.com (vertexaisearch.cloud.google.com)
- thesaasnews.com (vertexaisearch.cloud.google.com)
- businesswire.com (vertexaisearch.cloud.google.com)
- crunchbase.com (vertexaisearch.cloud.google.com)
- businesswire.com (vertexaisearch.cloud.google.com)
- baincapitalventures.com (vertexaisearch.cloud.google.com)
- pitchbook.com (vertexaisearch.cloud.google.com)