Clay Secures $100M Funding, Reaches $3.1B Valuation in Latest Series C
Clay Secures $100M in Series C, Valued at $3.1 Billion
Sales automation platform Clay has officially closed a $100 million Series C funding round, boosting its valuation to $3.1 billion. This round was led by CapitalG, with continued support from notable investors including Meritech Capital, Sequoia Capital, First Round Capital, BoxGroup, and Boldstart. Sapphire Ventures also joined as a new backer.
Rapid Growth and Market Momentum
This milestone follows a rapid succession of funding events for Clay:
- Series B: $1.25 billion raised just six months ago
- Employee Tender Offer: Sequoia led a $1.5 billion tender offer for employees to sell shares
With the latest round, Clay's total funding has reached $204 million since its founding eight years ago.
AI-Powered Sales Automation for Top Brands
Clay is known for equipping sales and marketing teams with cutting-edge, AI-powered tools. The platform claims a roster of high-profile customers, including OpenAI, Anthropic, Canva, Intercom, and Rippling. These organizations leverage Clay's technology to automate outreach, personalize engagement, and accelerate deal cycles.
Strong Revenue Trajectory
Clay's growth is not just in funding. According to co-founder and CEO Kareem Amin, the company projects to triple its revenue this year, reaching $100 million—up from just over $30 million last year. This leap mirrors the growing demand for AI-driven sales solutions among both startups and large enterprises.
What’s Next for Clay?
With this new capital, Clay plans to enhance its AI capabilities, expand its team, and scale operations globally. As businesses increasingly look to automate and optimize sales processes, Clay is positioning itself at the forefront of the AI sales automation revolution.
