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Clay raised $40 million in a Series C funding round led by Meritech Capital to support its customer research AI solutions and achieve unicorn status.

Jan 28, 20258 months ago

Amount Raised

$40 Million

New YorkMachine LearningSaasArtificial IntelligenceSoftware

Investors

Boldstart VenturesBox GroupFirst Round CapitalSequoia CapitalMeritech Capital

Description

Clay, a Canadian-founded AI startup based in New York, secured $40 million in a funding round, reaching a $1.25 billion valuation. The round was led by Meritech Capital and included participation from existing investors such as Sequoia Capital and First Round Capital.

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.

FundzWatch™ Score

70
Medium Activity

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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