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ClickHouse Raises $350 Million Series C to Power Analytics for the AI Era

ClickHouse Raises $350 Million Series C to Power Analytics for the AI Era

June 4, 2025 Craig Etkin

SAN FRANCISCO–(BUSINESS WIRE)–ClickHouse, Inc., a leader in real-time analytics, data warehousing, observability, and AI/ML, today announced it has raised $350 million in Series C financing. The round was led by Khosla Ventures, with participation from new investors BOND, IVP, Battery Ventures, and Bessemer Venture Partners, as well as existing investors including Index Ventures, Lightspeed, GIC, Benchmark, Coatue, FirstMark, and Nebius. Today’s round follows earlier investments of over $300 million, bringing total funding to over $650 million.

This combined funding will be used to scale product development, support global expansion, and deepen partnerships with customers and technology providers building the next wave of AI-native applications. In addition to this financing, ClickHouse has secured a $100 million credit facility led by Stifel and Goldman Sachs.

The momentum behind ClickHouse is accelerating: the company grew over 300% during the past year and now serves over 2,000 customers across a range of industries from fintech and transportation to consumer and healthcare. New customers include Anthropic, Tesla, and Argentina’s Mercado Libre, among others. They join companies such as Sony, Meta, Memorial Sloan Kettering, Lyft, and Instacart, as well as AI innovators Sierra, Poolside, Weights & Bases, Langchain, and more.

Today’s announcement was made at ClickHouse’s inaugural user conference, showcasing how enterprises are building data products to meet the demands of the agentic era.

“As AI agents proliferate across data-driven applications, observability, data infrastructure, and beyond, the demand for agent-facing databases like ClickHouse has reached an inflection point. The future of analytics isn’t just dashboards. It’s intelligent agents that interpret data, trigger workflows, and power real-time decisions,” said Aaron Katz, CEO of ClickHouse. “But AI is just one driver. We designed and built ClickHouse from day one to support a broad spectrum of real-time data applications across industries, and our momentum reflects that enterprises are hungry for a platform that can keep up with their scaling ambitions.”

“We invested in ClickHouse because they’re solving one of the most important infrastructure challenges of this era of AI and agents: enabling real-time data platforms that can support both traditional analytics and the growing demands of AI-native workloads,” said Ethan Choi, Partner at Khosla Ventures. “As AI reshapes every industry, the ability to deliver fast, scalable, and cost-efficient analytics is becoming foundational, ClickHouse is poised to become the default engine for next-generation intelligent data products.”

The Next Frontier: Real-Time Analytics for Agentic Workloads

The market traction around ClickHouse is rooted in a fundamental shift: enterprises are no longer just building dashboards or batch reports—they are building real-time, intelligent data platforms that must serve both human and AI agents. Since AI agents can generate queries much faster and at a higher rate than human analysts, agent-facing databases must support low-latency, interactive analytical queries at an increasingly high throughput.

ClickHouse was designed from the ground up to meet this demand. Its high-performance, columnar storage engine enables interactive, analytical queries across massive datasets with minimal latency—perfect for powering AI and ML applications, real-time analytics, cloud data warehousing, and observability workloads.

Built for Speed at Scale: High-Performance Analytics Across Industries

Traditional databases and warehouses are struggling to keep up with this demand. Transactional databases don’t scale for analytical workloads. Meanwhile, traditional data warehouses are optimized for internal, batch-heavy use cases with limited concurrency and slow performance. Finally, search-oriented technologies become prohibitively expensive for structured analytics—using 10x more in storage and compute and limiting the practical range of applications due to cost.

By contrast, ClickHouse offers a purpose-built solution that bridges the gap—combining high-performance analytics with the scalability and concurrency that today’s intelligent, data-driven applications require.

About ClickHouse

ClickHouse is a fast, open-source columnar database management system built for real-time data processing and analytics at scale. Engineered for high performance, ClickHouse Cloud delivers exceptional query speed and concurrency, making it ideal for applications that demand instant insight from massive volumes of data. As AI agents become increasingly embedded in software and are generating far more frequent and complex queries, ClickHouse brings a high-throughput, low-latency engine, purpose-built to meet this challenge. Trusted by leading companies like Sony, Tesla, Anthropic, Memorial Sloan Kettering, Lyft, and Instacart, ClickHouse helps teams unlock insights and drive smarter decisions with a scalable, efficient, and modern data platform. For more information, visit clickhouse.com.

Contacts

Tanya Bragin
VP, Product & Marketing
press@clickhouse.com

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, California, ClickHouse, San Francisco, Venture Capital

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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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