Clubhouse Raises $25M for Its Software Project Management Tools

by Gordon Gottsegen
January 23, 2020

New York-based startup Clubhouse announced Thursday that it raised $25 million in a Series B funding round. This brings the company’s total funding to $39 million.

Clubhouse is in the business of creating productivity tools for software teams. Tools like Atlassian’s Jira or Trello are popular choices for software teams looking to keep track of their assignments. Even if you aren’t a software developer, you may have used these tools for managing your to-do list.

But Clubhouse is confident it can create better software project management tools. It aims to serve high-growth teams by being easy to scale without being too hard to master.

“Clubhouse is redefining how quality software is created,” Kurt Schrader, co-founder and CEO of Clubhouse, said in a statement. “We’re continuing to invest in building a faster and more powerful platform that will power modern software teams and their collaborators to do their best work, while being a joy to use.”

This new round of funding will go towards Clubhouse’s efforts to expand its product offering and hire more team members. The company is also pushing to hit one million users, and expects to pass that milestone next year.

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