Clubhouse has raised a Series C led by Andreessen Horowitz, with DST Global, Tiger Global, and Elad Gil participating
led by @AndrewChen at @a16z, w/ support from DST Global, Tiger Global, & Elad Gil 🙏 #CHTownhall https://www.joinclubhouse.com/ ... Nikitha Rai / @rotiandrye : I didn't see this until now. Apparently they're flush with cash and certainly capable of throwing money at the problem and fixing it. Hey @joinClubhouse, you're raising money off this app's community but you won't protect its most vulnerable members? That's bad business. https://twitter.com/... @moxxieventures : 🚀 We are thrilled to see our friends and portfolio company @joinClubhouse continue to grow and build community around the world! Congratulations @pdavison and @rohanseth on this remarkable milestone! 💙 https://twitter.com/... Alex Heath / @alexeheath : Friday story is updated with confirmation from Clubhouse I'm having deja vu from last round in Jan, when we broke on a Friday that Clubhouse was raising at $1b. The company ignored our requests for comment, then announced it on Sunday like they did today https://www.theinformation.com/ ... Andrew Chen / @andrewchen : 👇🏼fyi here's the official thread on the clubhouse series c https://twitter.com/... Tae Kim / @firstadopter : Athletes and comedians are now prestige investors “Our investor base now spans nearly 200 creators, angels, and funds — including members of the Clubhouse community, institutional investors, professional musicians, athletes and comedians” https://www.joinclubhouse.com/ ... Casey Newton / @caseynewton : Clubhouse now has more than 200 investors. Just imagine what Twitter would be like on the day of their IPO 😩 https://www.joinclubhouse.com/ ... Dan Primack / @danprimack : Clubhouse confirms new funding round, albeit without many specifics. https://www.joinclubhouse.com/ ... Shona Ghosh / @shonaghosh : 🧐 “The round triples Clubhouse's valuation from January, in a deal Andreessen Horowitz also led” https://twitter.com/... Kieran McHugh / @kieranmch : I can't help but think this is a massive mistake. Clubhouse is going to go the same way Houseparty did eventually. https://twitter.com/... Steve O'Hear / @sohear : I stopped doing Clubhouse events and its valuation tripled. Don't @ me 🤓 https://twitter.com/... Prashant Singh / @pacificleo : And it's still not available on Android. Talk about TAM https://twitter.com/... Abubakar / @iatalkspace : Tiger Global again. A very small team doing deals around the clock. https://twitter.com/... Yang / @yangcliu : This cements that Discord is worth no less than $25bn!!! https://twitter.com/... @terronk : Here is an example of what tech industry journalism could use more of...well if our goal as readers is to learn. This is a non-obvious insight that comes from understanding how the industry works. https://twitter.com/... Elad Gil / @eladgil : Congrats to @joinClubhouse @pdavison @rohanseth on new funding and global community expansion 🚀🌏🔥 https://www.joinclubhouse.com/ ... Lots of open jobs/roles at Clubhouse here: https://jobs.lever.co/... Clubhouse / @joinclubhouse : Here's what we'll be able to do w/ this new capital: 🌍 Support international growth 🦾 Invest in localization & accessibility features 🚀Launch more programs for Creators to get paid 🔎 Invest deeply in discovery ⚡️Scale our support & community health teams #CHTownhall Scott Nover / @scottnover : Clubhouse says it's closed its Series C round. Tae Kim / @firstadopter : Clubhouse announces they closed Series C round of funding. Quadrupled size of team this year. Growth has outpaced discovery algos. “heavily scale our team to grow intl. growth” “invest deeply in discovery to help people find best rooms” [Did not officially disclose $ numbers] Jane Manchun Wong / @wongmjane : Clubhouse's official announcement on the new Series C round led by @a16z 📰 https://www.joinclubhouse.com/ ... https://twitter.com/... https://twitter.com/... Jane Manchun Wong / @wongmjane : This Series C for Clubhouse is led by @a16z, more from @andrewchen ⬇️ https://twitter.com/... Alex Heath / @alexeheath : As I reported Friday, Clubhouse CEO confirms this morning in a town hall in the app that they've raised a Series C round of funding led by a16z with participation from DST and Tiger Global. @eladgil also invested in the round. https://www.theinformation.com/ ... Jane Manchun Wong / @wongmjane : Clubhouse has closed a new round of Series C, said @joinClubhouse's @pdavison during today's Townhall Teddy Schleifer / @teddyschleifer : By “Friday night scoop,” Alex means this is his third funding scoop of the day. https://twitter.com/... Drue Kataoka / @druekataoka : Big Congratulations @joinClubhouse @pdavison @rohanseth @pmarca @bhorowitz @FeliciaHorowitz @stephssimon @mayawatson @smc90 @rbahnasy @anuatluru & team 🎉🎊! @a16z values Clubhouse at $4 Billion With DST, Tiger @ClubhouseBest https://www.theinformation.com/ ... Amir Efrati / @amir : Tiger. Of course it's Tiger. https://twitter.com/... @alex : This is either genius or stupid af - which makes it a good venture bet - much more interesting than putting capital into a SaaS startup so they can bolster GTM spend https://twitter.com/... Dan Primack / @danprimack : This is how you prevent your portfolio company from taking an acquisition offer. https://twitter.com/...
Context & Ripple Effects
Three months after its Series B led by a16z — announced alongside 180+ investors, plans to pay creators, and an upcoming Android app — Clubhouse has closed a Series C just as sources pegged the round near a $4B valuation. The raise triples the ~$1B price VCs were discussing in January, with Andrew Chen leading again and crossover money (DST Global, Tiger Global) joining Elad Gil.
First-order effects
- Clubhouse gets fresh capital earmarked for international growth, localization, accessibility, creator payments, discovery, and scaling support and community-health teams — the last of which matters given user complaints about protection of vulnerable members circulating around this announcement.
- a16z converts a repeat lead into an even deeper stake, while DST Global and Tiger Global buy into live audio at a price set weeks ago by rumor rather than disclosed metrics.
Second-order effects
- Rivals like Discord face a better-funded audio competitor that can now spend on creator payouts and non-iOS platforms, areas where the Series B had only made promises.
- Crossover funds' entry compresses later-stage pricing for consumer social: a company valued at ~$1B in January reaching ~$4B by April resets expectations for every hot audio app's next term sheet.
Third-order effects
- If lockdown-era adoption keeps converting into triple-digit valuation jumps within a quarter, late-stage social investing stays driven by momentum and scarcity rather than revenue — pushing moderation and safety spending into the same 'scale first' trade-off users are already calling out.
- A pattern of mega-rounds within months of each other would keep live-audio consolidation likely, with well-funded platforms absorbing features (payments, Android reach, localization) that smaller entrants cannot match.
The trend: Live audio is entering a late-stage capital sprint in which crossover funds bid valuations up quarter over quarter while platform obligations — creators, safety, Android — scale with the checks.