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Audio app Clubhouse in talks to raise funds at $4 billion valuation: Bloomberg News

Published 04/06/2021, 03:29 PM
Updated 04/07/2021, 03:11 AM
© Reuters. FILE PHOTO: Illustration picture of social audio app Clubhouse

(Reuters) - Audio app Clubhouse is in discussions to raise funds at a valuation of about $4 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter. (https://bloom.bg/3uveWJk)

Clubhouse did not immediately respond to a Reuters request for comment.

The San Francisco-based company, whose app allows people to discuss varied topics in audio chatrooms, has seen its popularity surge after appearances by billionaires Elon Musk and Mark Zuckerberg.

© Reuters. FILE PHOTO: Illustration picture of social audio app Clubhouse

The success of the invite-only, year-old platform, which recently reported 10 million weekly active users, has demonstrated the potential of audio chat services, particularly as people stay inside homes due to the COVID-19 pandemic.

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