Venture Capital
Messaging Startup Slack Seeks Up to $4 Billion Valuation in Funding Round
The company is said to be in talks to raise $150 million to $300 million in financing.
Stewart Butterfield, co-founder and chief executive officer of Slack.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Slack Technologies Inc., which runs a messaging service for businesses, is seeking an investment that would value the company at $3.5 billion to $4 billion, according to people familiar with the matter.
Slack is looking to raise $150 million to $300 million as part of the round, said the people, who asked not to be identified because the terms aren't finalized. The talks are ongoing, and a lead investor has not been selected, the people said.