Clay helps income operations and development groups to automate outreach to potential clients.The corporate final raised a $46 million Sequence B at a $500 million valuation led by Meritech in June.Its clients embody Anthropic, Notion, Vanta, Ramp, and Intercom.
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Clay, the AI-powered gross sales startup, is about to be valued at $1.3 billion in a brand new insider funding spherical, two sources instructed Enterprise Insider.Based in 2017, Clay final raised a $46 million Sequence B at a $500 million valuation, which was led by Meritech Capital in June. Sequoia Capital, First Spherical Capital, Field Group, and Boldstart Ventures participated in that spherical.Particulars of the most recent funding spherical will not be but finalized, and the figures concerned are topic to alter.In keeping with its web site, Clay helps income operations and aids development groups to automate outreach to potential clients. The corporate helps go-to-market groups construct a gross sales lead listing with enriched buyer knowledge. With over 75 knowledge suppliers, Clay helps its clients tailor outreach with extra detailed info on potential clients resembling an organization’s headcount and its fundraising historical past.Clay’s AI agent additionally helps analysis round prospects. The “Claygent” can reply questions on goal firms primarily based on firm domains, resembling particulars about its opponents. Clay’s AI messaging software can then assist gross sales groups ship tailor-made outbound messages to potential clients.The corporate lists Anthropic, Notion, Vanta, Ramp, and Intercom as clients on its web site.
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In response to a request for remark from Enterprise Insider, Clay CEO Kareem Amin stated, “We can not affirm these particulars as no time period sheet has been issued or signed.”Earlier than founding Clay, Amin was the vice chairman of product at The Wall Road Journal. He additionally efficiently offered his e-commerce optimization startup, Body, to Sailthru, a advertising personalization startup, and have become the latter firm’s director of engineering. Clay’s cofounder, Varun Anand, is the top of operations and beforehand labored at startups Newfront and Candid.Clay isn’t the one firm constructing on this class. Apollo, a gross sales intelligence startup, raised a $100 million Sequence D led by Bain Capital Ventures at a $1.6 billion valuation final 12 months. Different startups embody Thrive-backed Unify, and Lusha, valued at $1.5 billion.