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

Jul 02, 2024over 1 year ago

Amount Raised

$63 Million

Round Type

series b

New YorkMachine LearningSaasArtificial IntelligenceSoftware

Investors

Boldstart VenturesBox GroupFirst 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.

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.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech