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Clay
Total amount raised
$392M
Latest funding date
2026-09-09
Clay
Location
Founded in Brooklyn, Clay has raised $115M in Series D funding at a $7.1B valuation in 2026, following 4x revenue growth in 2025. More than 17,000 customers, including 80% of the Forbes AI50 and companies like Anthropic, Google, OpenAI, Stripe, ElevenLabs, Visa, Siemens, and UPS, use Clay as their infrastructure for growth.
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What Is Clay?
Clay is an AI-driven sales and marketing company based in New York, New York. The company specializes in providing growth and sales teams with customer data and automated workflows, operating in industries such as AI, developer tools, lead generation, productivity tools, sales automation, and software.
Founded in Brooklyn. Clay has raised $115M in Series D funding at a $7.1B valuation in 2026, following 4x revenue growth in 2025. More than 17k customers, including 80% of the Forbes AI50 and companies like Anthropic, Google, OpenAI, Stripe, ElevenLabs, Visa, Siemens, and UPS, use Clay as their infrastructure for growth.
- The numbers behind the raise: 4x growth in 2025. Over 17,000 customers including 80% of the Forbes AI50. On track for $200M ARR this quarter.
- Customers run core revenue motions on Clay: Anthropic routes millions of self-serve signups with Clay, Google Cloud sources 30% more outbound deals, and DoorDash is piloting an agent that finds lunch-program prospects and reaches out on its own.
- GTM engineering has exploded in the last 2 years and continues to grow: Just as engineers now direct AI agents that code, GTM engineers now direct agents that grow their companies. Clay is also launching a $1M scholarship fund to train the next generation.
Previous funding for Clay?
- Seed Round
- Amount Raised: USD 2,500,000
- Date: June 2017
- Lead Investors: First Round Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To establish the foundational product and support initial growth efforts.
- Series A
- Amount Raised: USD 13,500,000
- Date: 2023 (previously unannounced; disclosed publicly June 2024)
- Lead Investors: Sequoia Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the development of the GTM development environment and power growth for tech's biggest names.
- Series B
- Amount Raised: USD 46,000,000
- Date: June 27, 2024
- Lead Investors: Meritech Capital Partners
- Valuation at Round: USD 500,000,000
- Motivation Behind the Round: To scale the business and enhance its product offerings.
- Series B Expansion
- Amount Raised: USD 40,000,000
- Date: January 22, 2025
- Lead Investors: Meritech Capital Partners
- Valuation at Round: USD 1,250,000,000
- Motivation Behind the Round: To maintain the momentum of significant revenue growth following 6x growth in 2024.
- Secondary Market (Tender Offer)
- Amount Raised: USD 20,000,000 (employee stock purchase)
- Date: May 8, 2025
- Lead Investors: Sequoia Capital
- Valuation at Round: USD 1,500,000,000
- Motivation Behind the Round: To provide liquidity to current and former employees holding vested Clay shares.
- Series C
- Amount Raised: USD 100,000,000
- Date: August 5, 2025
- Lead Investors: CapitalG (Alphabet's independent growth fund)
- Valuation at Round: USD 3,100,000,000
- Motivation Behind the Round: To further scale operations, enhance product offerings, expand market reach, and fuel the growing \"GTM Engineer\" role across the tech industry.
- Secondary Market (Tender Offer)
- Amount Raised: USD 55,000,000 (employee stock purchase)
- Date: January 28, 2026
- Lead Investors: DST Global
- Valuation at Round: USD 5,000,000,000
- Motivation Behind the Round: To give employees liquidity on their vested equity and bring in new investors ahead of Clay's next phase of growth. This was Clay's second employee tender offer in nine months.
- Series D
- Amount Raised: USD 115,000,000
- Date: September 9, 2026
- Lead Investors: Wellington Management
- Valuation at Round: USD 7,100,000,000
- Motivation Behind the Round: To build Clay's self-learning revenue engine and expand its AI growth agents, following 4x revenue growth in 2025.
Key Investors
- DST Global
- Details: DST Global is a late-stage technology investment firm. It led Clay's January 2026 employee tender offer at a $5B valuation.
- Investment Focus Areas: Late-stage internet and consumer technology.
- Notable Investments: Facebook, Alibaba, Stripe.
- CapitalG
- Details: CapitalG is the growth equity investment arm of Alphabet Inc. They focus on late-stage technology companies with high growth potential, leading Clay's Series C at a $3.1B valuation.
- Investment Focus Areas: Technology, healthcare, consumer products.
- Notable Investments: Airbnb, Stripe, Lyft.
- Sequoia Capital
- Details: Sequoia Capital is a venture capital firm that has been investing in early and growth-stage companies since 1972. They led Clay's Series A and the May 2025 employee tender offer, and participated in the Series C.
- Investment Focus Areas: Technology, healthcare, consumer services.
- Notable Investments: Apple, Google, Airbnb.
- Meritech Capital Partners
- Details: Meritech Capital Partners is a growth-stage venture capital firm. They led both Clay's Series B ($46M at $500M valuation) and Series B Expansion ($40M at $1.25B valuation).
- Investment Focus Areas: Technology, enterprise software, consumer internet.
- Notable Investments: Facebook, Salesforce, Snowflake.
- First Round Capital
- Details: First Round Capital is a seed-stage venture capital firm. They led Clay's original Seed round and have participated in subsequent rounds.
- Investment Focus Areas: Technology, consumer internet, enterprise software.
- Notable Investments: Uber, Square, Warby Parker.
- BoxGroup
- Details: BoxGroup is an early-stage investment firm. They provided pre-seed backing to Clay and have participated across multiple rounds.
- Investment Focus Areas: Technology, consumer products, enterprise software.
- Notable Investments: Flatiron Health, Blue Apron, Warby Parker.
- Wellington Management
- Details: Wellington Management is a global investment management firm that backs both public and late-stage private technology companies. It led Clay's $115M Series D at a $7.1B valuation.
- Investment Focus Areas: Late-stage technology, growth equity, public and private markets.
- Notable Investments: Canva, NVIDIA, Microsoft, Apple
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