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Clay confirms it closed $100M spherical at $3.1B valuation

Clay confirms it closed 0M spherical at .1B valuation


Gross sales automation startup Clay has raised a $100 million Sequence C at a $3.1 billion valuation in a spherical led by CapitalG, confirming TechCrunch’s report from June.

The financing follows a $1.25 billion Sequence B spherical from six months in the past and a $1.5 billion Sequoia-led tender supply introduced a few months in the past, which allowed most staff to promote a few of their shares.

The most recent deal brings Clay’s whole funding to $204 million. Present traders Meritech Capital, Sequoia Capital, First Spherical Capital, BoxGroup, and Boldstart additionally participated within the Sequence C, and a brand new backer, Sapphire Ventures, joined the spherical.

The eight-year-old startup helps salespeople and entrepreneurs with AI-powered instruments and claims prospects like OpenAI, Anthropic, Canva, Intercom, and Rippling.

Clay co-founder and CEO Kareem Amin advised The New York Occasions that the corporate expects to finish the yr with $100 million in income, which might triple its income from final yr.

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