CapitalG Leads $3 Billion Series C Investment In Sales Automation Startup Clay
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See Similar DealsCapitalG Leads $3 Billion Series C Investment In Sales Automation Startup Clay
Summary
Clay, a New York-based sales automation startup, has raised a Series C round at a reported $3 billion valuation, with CapitalG leading the investment. This funding follows a $20 million employee stock tender offer at a $1.5 billion valuation led by Sequoia.
Summary of transaction details:
- Deal Type: Series C
- Transaction Amount: 3,000,000,000
- Company Name: Clay
- Key Investors: CapitalG, Sequoia, Meritech Capital, Boldstart Ventures, Maple VC, First Round Capital, Box Group
Founded in 2017, Clay pivoted to AI-powered tools for sales and marketing teams, focusing on automating prospecting and outreach. The platform is utilized by major clients including OpenAI, HubSpot, and Canva, and faces competition from companies such as ZoomInfo, Apollo.io, and Lusha. The company is co-founded and led by CEO Kareem Amin.
Details
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