Slack

Internal messaging and collaboration solutions for teams.

Launch date

Jan 2009

Employees

1001-5000 people

Market cap

Enterprise valuation

€25.5b (Public information from Dec 2020)

San Francisco California (HQ)

http://slack.com

https://twitter.com/slackhq https://www.linkedin.com/company/tiny-spec-inc https://apps.apple.com/app/id618783545 https://play.google.com/store/apps/details?id=com.Slack

Corporate Venture Fund: Slack Fund

Revenues, earnings & profits over time

USD	2019	2020	2021	2022
Revenues	401m	630m	903m	1.2b
% growth	-	57 %	43 %	33 %
EBITDA	(114m)	(108m)	(4.0m)	25.0m
% EBITDA margin	(28 %)	(17 %)	-	2 %
Profit	-	(571m)	(300m)	(241m)
% profit margin	-	(91 %)	(33 %)	(20 %)
EV / revenue	-	16.9x	25.9x	-
EV / EBITDA	-	-98.5x	-5842.3x	-

Date	Investors	Amount	Round
-	Oleg Tscheltzoff Bond PV Seed Fund Section 32 Glynn Capital Management Scale Up Venture Capital Craft Ventures Shervin Pishevar GP Bullhound Moonshots Capital ACME Capital Coatue Management MicroVentures EQUIAM Y Combinator Virgin Management	N/A	-
Jan 2009	Accel Andreessen Horowitz Marc Andreessen Jeff Weiner Bradley Horowitz	$1.5m	Seed
Mar 2010	SV Angel	N/A	Seed
Apr 2010	Accel Andreessen Horowitz	$5.0m	Series A
Apr 2011	Accel Andreessen Horowitz	€10.7m	Series B
Apr 2013	FundersClub	N/A	Late VC
Apr 2014	Accel Andreessen Horowitz Social Capital Anthony Casalena Rob Solomon Jeff Weiner John Collison Patrick Collison Jeremy Stoppelman Biz Stone Bradley Horowitz	$42.8m	Series C
Oct 2014	Accel Kleiner Perkins Andreessen Horowitz GV Social Capital Slow Ventures	$120m Valuation: $1.1b	Series D
Apr 2015	Accel Index Ventures Horizons Ventures Kleiner Perkins Andreessen Horowitz DST Global Spark Capital Institutional Venture Partners Social Capital Slow Ventures Groupe Arnault	$160m Valuation: $3.8b	Series E
Apr 2016	Accel Index Ventures Thrive Capital Institutional Venture Partners Social Capital Notable Capital Comcast Ventures	$200m Valuation: $3.6m	Series F
Jul 2017*	Accel Thrive Capital Spark Capital Notable Capital SoftBank	$250m Valuation: $5.1b	Series G
Sep 2017	Global Founders Capital Vision Fund	$250m	Series G
Jan 2018	N/A	N/A	Secondary
Aug 2018	General Atlantic Dragoneer Investment Group Inside Capital	$427m Valuation: $7.1b	Growth Equity VC
Jan 2019	Meyer Ventures Light Street Capital Management	N/A	-
Jun 2019	N/A	N/A Valuation: $15.7b	IPO
Dec 2020	Salesforce	$28.0b Valuation: $28.0b 69.8x EV/LTM Revenues -245.6x EV/LTM EBITDA	Acquisition
Total Funding		€1.3b