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    Clay Raises 100 Million at 3.1 Billion Valuation with Backing from CapitalG, Sequoia and Meritech

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    Clay Raises 100 Million at 3.1 Billion Valuation with Backing from CapitalG, Sequoia and Meritech

    Even the most glamorous sales jobs are often built on repetitive, mind-numbing labor: manually updating lead databases, cold-emailing strangers, and tracking down potential customers through clunky software. For years, companies accepted that as the price of doing business. Clay didn’t.

    This week, the New York-based startup announced a $100 million funding round at a $3.1 billion valuation, led by Alphabet’s investment arm CapitalG, with participation from Sequoia Capital and Meritech Capital. The raise comes just six months after Clay was valued at $1.25 billion, underscoring the velocity with which the company has grown and how eager investors are to back infrastructure tools that make go-to-market teams more efficient.

    Clay calls its users “go-to-market engineers,” and it’s not just branding spin. The eight-year-old company has taken a distinctly engineering-first approach to solving a decades-old problem: how to find and close more customers without flooding inboxes with generic spam. Clay’s platform lets sales and marketing teams write prompts and workflows using AI, APIs, and logic to identify high-quality prospects and reach them with personalized messaging, turning what used to be manual lead generation into something that feels more like programming.

    “Half of the company can’t code but has all these ideas for how to grow the company,” said co-founder and CEO Kareem Amin, who started Clay in 2017 alongside Nicolae Rusan. “Clay gives them the power to program revenue instead of just programming software.”

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    About the author

    Anshika Mathews

    Anshika is the Global Media Lead for AIM Media House. She holds a keen interest in technology and related policy-making and its impact on society.

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