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Clay confirms it closed $100M spherical at $3.1B valuation | TechCrunch

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Clay confirms it closed $100M spherical at $3.1B valuation | TechCrunch

Uncover insights within the Bitcoin house. This article dives into: “Clay confirms it closed $100M round at $3.1B valuation | TechCrunch”.

Sales automation startup Clay has raised a $100 million Series C at a $3.1 billion valuation in a spherical led by CapitalG, confirming TechCrunch’s report from June.

The financing follows a $1.25 billion Series B spherical from six months in the past and a $1.5 billion Sequoia-led tender provide introduced a few months in the past, which allowed most workers to promote a few of their shares.

The newest deal brings Clay’s whole funding to $204 million. Existing buyers Meritech Capital, Sequoia Capital, First Round Capital, BoxGroup, and Boldstart additionally participated within the Series C, and a brand new backer, Sapphire Ventures, joined the spherical.

The 8-year-old startup helps salespeople and entrepreneurs with AI-powered instruments and claims prospects like OpenAI, Anthropic, Canva, Intercom, and Rippling.

Clay co-founder and CEO Kareem Amin advised The New York Times that the corporate expects to finish the 12 months with $100 million in income, which might triple its income from final 12 months.

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