About Slack
Slack is a cloud-based communication and collaboration platform for teams.
Headquarters
Slack, San Francisco
Founded
2009-01-01
Industry
Collaboration, Enterprise Software, Messaging, Productivity Tools
Last Funding Type
Secondary Market
Valuation
23
Total Funding
$1.39 billion dollars
IPO Status
Delisted
Financial
Slack is advancing its group-based communication platform by developing methods for seamless communication resource transitions, user status avatars, and multi-workspace shared channels. They are enhancing user experience with features like member calendars, tiered search index fields, and collaboration hubs. Additionally, Slack is focusing on integrating third-party resources and improving event creation and management. These developments aim to streamline communication and collaboration within teams, enhancing the overall functionality and efficiency of Slack's platform.
Funding Rounds
13
Number of Lead Investors
10
Total Funding Amount
$1.39 billion dollars
Number of Investors
47
Slack vs. Other Decacorns
| Company | Valuation | Total Funding | Funding Rounds |
|---|---|---|---|
| Slack | $23B | $1.39B | 13 |
| Tanium | $9B | $1.05B | 14 |
| Postman | $6B | $433.00M | 5 |
| Confluent | $18B | $455.90M | 8 |
| Dataiku | $4B | $846.84M | 11 |
| Collibra | $5B | $596.52M | 9 |
| Twilio | $2B | $614.42M | 13 |
| Kik | $2B | $215.80M | 7 |
| Asapp | $2B | $380.00M | 5 |
| Miro | $88B | $476.30M | 5 |
| InsideSales.com | $3B | $251.20M | 6 |
| Asana | $50B | $453.20M | 13 |
| Gong.io | $7B | $583.00M | 8 |
| Notion | $110B | $343.20M | 7 |
| Dialpad | $2B | $450.00M | 9 |
| Lattice | $18B | $330.32M | 9 |
| Couchbase | $1B | $251.00M | 9 |
| Workfront | $2B | $375.00M | 5 |
| Fusion-io | $1.5B | $111.50M | 3 |
| Copper | $2B | $102.00M | 5 |
| Adimab | $1B | $45.48M | 8 |
| Cylance | $1B | $297.00M | 6 |
| Tradeshift | $8B | $1.13B | 14 |
| Retool | $29B | $141.00M | 5 |
| Schroedinger | $0.8B | $577.22M | 10 |
| Constant Contact | $0.4B | $423.16M | 4 |
| Jfrog | $3.9B | $226.50M | 6 |
| Clari | $3B | $496.00M | 8 |
| Carbonite | $0.2B | $191.20M | 8 |
| Divvy | $7B | $417.50M | 5 |
| Alchemy Insights | $240B | $563.90M | 5 |
| Sumo Logic | $2.2B | $340.00M | 6 |
| Palantir Technologies | $308B | $3.03B | 28 |
| Nicira Networks | $1B | $41.82M | 4 |
| Applied Intuition | $22B | $901.50M | 7 |
| LogMeIn | $0.3B | $30.00M | 5 |
| Gusto | $547B | $746.10M | 15 |
| Checkr | $60B | $679.00M | 8 |
| Amplitude | $4.6B | $311.48M | 14 |
| Stack Overflow | $12B | $153.00M | 6 |
| Druva | $2B | $475.00M | 9 |
| Anaplan | $1.4B | $299.90M | 9 |
| Zoom Video Communications | $9.2B | $276.00M | 9 |
| Knock | $4B | - | - |
| Looker | $5B | $280.50M | 7 |
| People.ai | $4B | $200.00M | 9 |
| Medable | $2B | $506.64M | 9 |
| Loom | $11B | $203.55M | 8 |
| Nimble Storage | $1.5B | $98.75M | 5 |
| Figma | $180B | $748.62M | 8 |
| Dynatrace | $4.4B | $21.90M | 4 |
| Pure Storage | $3.1B | $529.26M | 8 |
| Airbyte | $3B | $181.20M | 4 |
| SingleStore | $11B | $464.10M | 11 |
| Bowery | $9B | $1.65M | 4 |
| Geni | $2B | $15.00M | 3 |
| Auth0 | $6B | $332.28M | 10 |
| CircleCI | $10B | $315.00M | 9 |
| Proofpoint | $0.4B | $885.50M | 7 |
| SnapLogic | $5B | $371.30M | 10 |
| Signifyd | $4B | $409.00M | 7 |
| Lucid Software | $12B | $670.36M | 8 |
| Insider | $5B | $772.10M | 9 |
| MySQL | $1B | $39.80M | 3 |
| MindTickle | $1B | $281.30M | 7 |
| Outreach | $22B | $489.02M | 13 |
| Splashtop | $3B | $114.00M | 5 |
| Stack | $2B | $5.04M | 5 |
| SendBird | $4B | $220.72M | 9 |
| Cloudflare | $4.4B | $332.20M | 7 |
| Box | $1.7B | $1.46B | 15 |
| Fastly | $1.5B | $369.00M | 8 |
| Kong | $7B | $344.10M | 7 |
| Datadog | $7.8B | $1.02B | 9 |
| Dropbox | $9.2B | $1.71B | 13 |
| MURAL | $4B | $192.28M | 6 |
| Duo Security | $2B | $121.50M | 7 |
| Expensify | $2.2B | $138.20M | 9 |
| InVision | $4B | $356.20M | 10 |
| Relativity | $37B | $125.00M | 2 |
| Yammer | $15B | $142.00M | 6 |
Growth Trends & Market Impact
Slack has made its AI features available to all paid users, and desk workers increased their AI usage by 24% last quarter according to Slack.
Investment history
| Round number | date | Post-round evaluation | investors |
|---|---|---|---|
| №1 | 28.01.2019 | $1.39 billion dollars | |
| №2 | 21.08.2018 | $427.00 million dollars |
Dragoneer Investment Group General Atlantic |
| №3 | 17.09.2017 | $412.70 million dollars |
SoftBank Vision Fund |
| №4 | 01.05.2017 | $412.70 million dollars | |
| №5 | 01.04.2016 | $208.00 million dollars |
Thrive Capital |
| №6 | 16.04.2015 | $172.70 million dollars |
Social Capital |
| №7 | 01.04.2015 | $172.70 million dollars | |
| №8 | 31.10.2014 | $110.75 million dollars |
Google Ventures Kleiner Perkins |
| №9 | 27.04.2014 | $42.75 million dollars |
Social Capital |
| №10 | 01.04.2011 | $10.70 million dollars |
Accel Andreessen Horowitz |