Fundz

Clay raises $63 million CAD in Series B funding led by Meritech Capital to automate sales

PRIVATEJul 02, 2024

Amount Raised

$63 Million

Round Type

Series B

New YorkOtherSoftwareArtificial IntelligenceAnalyticsMachine LearningSaaS

Investors

Boldstart VenturesBoxGroupFirst Round CapitalSequoia CapitalMeritech Capital

Description

Clay, a Canadian-founded, New York, NY-based artificial intelligence (AI) startup, has secured $63 million CAD in Series B financing to fuel its growth and help automate sales for businesses.

Quick answer

Clay raised $63 Million in a Series B round, dated July 2, 2024. Investors: Boldstart Ventures, BoxGroup, First Round Capital, Sequoia Capital and Meritech Capital. Clay is based in New York, New York, United States.

How much did Clay raise?
Clay raised $63 Million in a Series B round on July 2, 2024.
Who invested in Clay?
Boldstart Ventures, BoxGroup, First Round Capital, Sequoia Capital and Meritech Capital are named as investors in this round.
What does Clay do?
Clay provides a platform for go-to-market teams to use unique data and AI.
Where is Clay based and how big is it?
Clay is based in New York, New York, United States. Fundz records about 1,600 employees.
Who are the decision-makers at Clay?
Fundz holds 5 contacts at Clay, including the Founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Analytics and SaaS around the same time

Companies in the same sectors as Clay that raised within 45 days of this round, from Fundz verified event records.

  • Knowde raised $60M (Series C) on August 15, 2024.
  • IntelePeer raised $140M (Debt Financing) on July 26, 2024.
  • Kindo raised $21M (Funding Round) on July 15, 2024.
  • Scowtt raised $765K on June 4, 2024.
  • Maxa raised $21M (Series A) on May 30, 2024.
  • Gong i.o Ltd. raised $250M (Series E) on May 18, 2024.

Who to call at Clay, and when

A new round usually means Clay is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Clay raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Clay, from your own LinkedIn network

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Company Information

Company

Clay

Location

New York, New York, United States

About

Clay provides a platform for go-to-market teams to use unique data and AI. The platform offers access to over 100 data providers for contact information, firmographics, and other data points. It also includes an AI research agent to automate manual research and create flexible workflows.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Clay raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

5 contacts
Verified contactsObaid D., Founder hidden hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Clay raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.