Clay, a sales automation startup, has raised a $100 million Series C round valuing the company at $3.1 billion, led by CapitalG. This deal follows a $1.25 billion Series B raised six months prior and a Sequoia-led tender offer. Total funding now amounts to $204 million, with participation from several existing investors and Sapphire Ventures. Clay focuses on AI-powered tools for sales and marketing, serving clients like OpenAI and Canva. The company expects a revenue growth to $100 million by year-end, tripling last year's total.
Clay has raised a $100 million Series C at a $3.1 billion valuation, led by CapitalG, confirming earlier reports. This follows a $1.25 billion Series B round.
The latest financing brings Clay's total funding to $204 million, with participation from existing investors and new backer Sapphire Ventures.
Clay, an eight-year-old startup, provides AI-powered tools for salespeople and marketers, claiming notable customers like OpenAI and Canva.
Co-founder and CEO Kareem Amin anticipates ending the year with $100 million in revenue, tripling last year’s figures.
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