Sales automation startup Clay has successfully completed a Series C funding round, securing $100 million at a valuation of $3.1 billion. This round was led by CapitalG, confirming previous reports from TechCrunch.
Following a Series B round of $1.25 billion six months ago and a $1.5 billion Sequoia-led tender offer a couple of months back, Clay has now raised a total of $204 million. The Series C saw participation from existing investors Meritech Capital, Sequoia Capital, First Round Capital, BoxGroup, and Boldstart, along with new backer Sapphire Ventures.
Established 8 years ago, Clay offers AI-powered tools to assist salespeople and marketers. Some of its notable customers include OpenAI, Anthropic, Canva, Intercom, and Rippling.
CEO Kareem Amin mentioned to The New York Times that Clay anticipates ending the year with $100 million in revenue, a significant increase from the previous year.
