Clay Confirms It Closed $100m Round At $3.1b Valuation

In Brief

Sales automation startup Clay has raised a $100 cardinal Series C astatine a $3.1 cardinal valuation successful a information led by CapitalG, confirming TechCrunch’s study from June.

The financing follows a $1.25 cardinal Series B information from six months agone and a $1.5 cardinal Sequoia-led tender offer announced a mates of months ago, which allowed astir labor to waste immoderate of their shares.

The latest woody brings Clay’s full backing to $204 million. Existing investors Meritech Capital, Sequoia Capital, First Round Capital, BoxGroup, and Boldstart besides participated successful nan Series C, and a caller backer, Sapphire Ventures, joined nan round.

The eight-year-old startup helps salespeople and marketers pinch AI-powered devices and claims customers for illustration OpenAI, Anthropic, Canva, Intercom, and Rippling.

Clay co-founder and CEO Kareem Amin told The New York Times that nan institution expects to extremity nan twelvemonth pinch $100 cardinal successful revenue, which would triple its gross from past year.

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