Clay, a New York-based AI go-to-market (GTM) development platform, has raised $100 million in Series C funding, reaching a $3.1 billion post-money valuation.
Investors
The round was led by CapitalG, with participation from Sequoia Capital, Meritech Capital, First Round Capital, BoxGroup, Boldstart, and new investor Sapphire Ventures, bringing Clay’s total funding to $204 million.
CapitalG, Alphabet's independent growth fund, invests in generational companies transforming the fields of enterprise infrastructure, security, and data; fintech; and consumer services and marketplaces.
Clay Use of Funds
The company will use the funding to accelerate product development and support the expansion of GTM engineering as a recognized career path.
About Clay
Founded in 2017 by Kareem Amin and joined by co-founder Varun Anand in 2021, Clay is a GTM development platform that leverages AI and automation to help companies turn growth ideas into reality. The platform combines data from over 150 data sources, and its AI agents enable creative research, like monitoring competitor mentions to trigger personalized campaigns or analyzing satellite imagery to count warehouse parking spots as a predictor of customer fit. Clay is headquartered in New York and serves over 10,000 customers worldwide, including AI companies like OpenAI, Anthropic, and Cursor.
Funding Details
Company: Clay Labs Inc.
Raised: $100.0M
Round: Series C
Funding Date: August 2025
Lead Investor: CapitalG
Additional Investors: Sequoia Capital, Meritech Capital, First Round Capital, BoxGroup, Boldstart, Sapphire Ventures
Company Website: https://www.clay.com/
Software Category: AI Go-To-Market (GTM) Automation / Sales & Marketing Automation
Source: https://www.businesswire.com/news/home/20250805719448/en/