Our Partnership with ClickHouse: Powering Analytics for the AI Era

We first partnered with ClickHouse in 2021, when we co-led the company’s Series B. At the time, we were drawn to the product’s performance, the open-source traction, and a founding team that understood the shift happening in the data world. But we also knew there was more to come. Today’s announcement underscores just how far ClickHouse has come — and how critical we believe it is in the new era of AI.

ClickHouse just announced a $350 million financing round led by Khosla Ventures, with participation from new and existing investors including Bond, IVP, Battery Ventures, and Bessemer, as well as existing investors including Index, Lightspeed, GIC, Benchmark, FirstMark, and Nebius. This new round follows earlier Series A and B investments totaling over $300 million, bringing the total company funding to over $650 million.

ClickHouse has grown more than 300% over the past year. It now powers analytics for over 2,000 customers on ClickHouse Cloud including Anthropic, Tesla, Sony, Meta, Memorial Sloan Kettering, Lyft, and Instacart as well as AI innovators Sierra, Poolside, Weights & Bases and Langchain.

The AI shift we at Coatue are seeing demands something fundamentally different from infrastructure. Well-designed AI agents don’t wait for dashboards or batch jobs – they generate queries at scale, respond in real time, and drive systems that need low-latency answers at high concurrency. Click House’s high-performance, columnar storage engine is what lets these new systems work.

At Coatue, we believe that great companies are built by exceptional people – and often, the relationships we create span decades. General Partner Caryn Marooney, who led the investment and serves as a board observer at ClickHouse, has known ClickHouse co-founder and CEO Aaron Katz for over 20 years. They first worked together in the formative days of Salesforce, and later reunited at Elastic, where Caryn served on the board and Aaron was CRO. That history of partnership and mutual respect is core to how we invest.

We’re proud to deepen our partnership with ClickHouse and excited to be part of building the future of real-time analytics.

The information contained herein does not constitute investment advice, a recommendation to buy or sell any security, or an offer to buy or solicitation to sell an interest in any Coatue product or fund.