Clubhouse, a San Francisco–based social audio platform founded in 2020 by Rohan Seth and Paul Davison, has raised $100 million in funding. The company achieved a $4 billion valuation as of April 2021 after its Series C round led by DST Global Partners and Tiger Global Management, with early backing from Andreessen Horowitz. Clubhouse quickly rose to prominence during the pandemic, enabling real-time voice-based discussions in virtual rooms and reaching unicorn status within just one year of its launch.