Clay, a New York-based AI-driven sales automation startup, has successfully closed a $100 million Series C funding round, bringing its valuation to $3.1 billion. This round was led by CapitalG, Alphabet’s independent growth fund, with participation from existing investors such as Sequoia Capital, Meritech Capital, First Round Capital, BoxGroup, and Boldstart Ventures. Additionally, Sapphire Ventures joined as a new investor in this round. This latest funding elevates Clay’s total capital raised to $204 million. ([techcrunch.com](https://techcrunch.com/2025/08/05/clay-confirms-it-closed-100m-round-at-3-1b-valuation/?utm_source=openai))
Founded in 2017, Clay offers an AI-powered go-to-market (GTM) platform designed to automate and enhance sales and marketing operations. The platform integrates data from over 150 sources, including LinkedIn and Crunchbase, enabling users to research thousands of prospects and personalize outreach at scale. Notable clients include OpenAI, Anthropic, Canva, Intercom, and Rippling. ([techcrunch.com](https://techcrunch.com/2025/08/05/clay-confirms-it-closed-100m-round-at-3-1b-valuation/?utm_source=openai))
The company’s revenue is on track to more than triple this year, with projections to reach $100 million by year-end. This growth underscores the increasing demand for AI-driven solutions in sales and marketing. ([techcrunch.com](https://techcrunch.com/2025/08/05/clay-confirms-it-closed-100m-round-at-3-1b-valuation/?utm_source=openai))
The recent funding will be utilized to accelerate product development and expand Clay’s market presence. The company is also working on a signals offering that will provide sales representatives insights on when to message potential leads. ([investing.com](https://www.investing.com/news/stock-market-news/clay-valued-at-31-billion-in-latest-fundraise-as-ai-continues-to-run-hot-4171155?utm_source=openai))
Clay’s rapid valuation increase—from $1.5 billion during an employee tender offer three months ago to $3.1 billion—reflects strong investor confidence in the company’s potential and the broader AI sector’s growth. ([techcrunch.com](https://techcrunch.com/2025/08/05/clay-confirms-it-closed-100m-round-at-3-1b-valuation/?utm_source=openai))
