Georgian led the US$100-million Series B investment round, with participation from Craft Ventures. San Diego-based ClickUp makes project-management software designed to increase workplace productivity, and sees itself as a competitor to companies like Asana. (The Logic)

Talking point: In February, Toronto-based Georgian secured $1.1 billion in funding for its fifth fund. It has backed Canadian startups like Top Hat and Ritual. “Georgian was a ClickUp user first, and an investor second,” said Tyson Baber, the fund’s lead investor. Georgian participated in a US$35-million investment in ClickUp in June, which valued the company at US$150 million pre-money, according to PitchBook. The founder and CEO of ClickUp, Zeb Evans, told Bloomberg his company was valued at a “couple hundred million” dollars earlier this year, with its revenue growing to “tens of millions” of dollars. Its total funding to date is US$135 million.