ClickUp Expands Reach in Productivity Space with Hypercal Calendar Merger

ClickUp, a leading productivity company with backing from Tiger Global and a16z, has recently completed the strategic acquisition of Hypercal, a prominent calendar app, as part of a concerted effort to enrich its platform offerings. The acquisition encompasses the appointment of Hypercal’s founder, Ricardo Clerigo, who will be Head of Calendar at ClickUp.

Originally established in the United Kingdom in 2022, Hypercal carved a niche for itself as a Mac application renowned for its seamless integration with a variety of apps, including Notion, OneNote, Apple Notes, Google Docs, Todolist, Apple Reminders, Asana, Things app, Microsoft To-Do, and Slack. The app offered a complimentary plan enabling users to connect with one calendar and task app. At the same time, a premium tier, priced at $10 per month, granted users access to unlimited calendar and task integrations.

In contrast, ClickUp provides:

• A comprehensive, unified platform for companies.
• Encompassing an array of features such as seamless communication.
• Document collaboration.
• Project management.
• Timeline tracking.
• Ideation on whiteboards.
• Analytical dashboard insights.

Confirming the acquisition to TechCrunch, Zeb Evans, ClickUp’s CEO and founder, expressed the company’s intent to leverage Hypercal’s advanced capabilities to introduce cutting-edge, AI-powered features that will enhance ClickUp’s already robust productivity suite.

Evans emphasized ClickUp’s overarching mission to consolidate various functionalities into a singular, user-friendly app, eliminating the need for multiple applications. Calendar has been a pivotal component of ClickUp’s product for the past five years. Evans outlined the company’s strategic vision to seamlessly integrate Calendar with overall productivity by evolving its core features.

With the strategic acquisition of HyperCal, ClickUp aims to expedite its vision for individual productivity. It specifically focuses on how workers schedule their days within a calendar. The objective is to empower users with a comprehensive context for every meeting, seamlessly pulling information from tasks, documents, and projects. It’s worth noting that ClickUp underwent a significant restructuring last July, resulting in a 10% reduction in its workforce (approximately 90 employees). This initiative was part of a broader strategy to enhance operational efficiency and position the company for an eventual initial public offering (IPO). This workforce reduction followed a similar move in 2022, characterized by ClickUp as a “one-time decision” to achieve profitability.

ClickUp’s recent financial milestones include a substantial $400 million Series C funding, co-led by prominent investors Andreessen Horowitz and Tiger Global. The company boasts a diverse investor portfolio, including Lightspeed Venture Partners, Meritech Capital Partners, Craft Ventures, and Georgian Partners. The broader landscape of calendar apps has witnessed notable developments in recent months. Vimcal, for instance, secured $4.5 million in funding last November, while Notion made waves with the launch of its standalone calendar, based on its acquisition of Cron in 2022. Concurrently, the France-based startup Amie made strategic moves by removing its waitlist and integrating email functionality earlier this month, contributing to the dynamic evolution of the calendar app space.