Audio social network Clubhouse said to be discussing funding at about US$4 billion value

  • The app, launched in April 2020, lets users host online radio shows while inviting listeners to participate in live chats
  • The price, according to sources, would quadruple the app’s value from January

Clubhouse, the one-year-old audio-based social network, is in talks to raise funding from investors in a round valuing the business at about US$4 billion, according to sources. Photo: AP Photo

Clubhouse, the buzzy audio-based social network, is in talks to raise funding from investors in a round valuing the business at about US$4 billion, according to people familiar with the matter.

A deal at that price would quadruple its value from January and would reflect the astronomical expectations investors have for the app. Clubhouse is barely a year old but has drawn appearances from some of the biggest names in business and Hollywood and inspired copycats from several of the world’s biggest social networks.

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