Slack touts 8M users as team collaboration competition intensifies
Slack continues to grow at a fast clip despite strong competition from Microsoft and other large vendors.
Slack effectively created the market for team-based chat tools when it debuted four years ago, and has since seen a slew of competitors launch rival products. According to the latest user adoption stats released by the company, Slack now counts 8 million daily active users across more than 500,000 organizations. That’s up from 6 million last September, when the company touted $200 million in annual recurring revenues.
More significant is the number of paid users on the platform; that number has increased from 2 million users in September to 3 million now, while the number of paid teams grew from 50,000 to 70,000. That growth points to Slack’s success in converting users to its paid versions as well as convincing large business to use its Enterprise Grid product.