Clay lands $115-million USD Series D at $7-billion valuation
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Canadian-founded, New York City-based go-to-market (GTM) startup Clay has closed another major financing, securing a $115-million USD ($159 million CAD) Series D round. The news: Clay develops and sells AI software and agents designed to help other firms automate marketing, sales, and other GTM tasks. The company announced its Series D on Wednesday. It was led by Wellington, with support from Andreessen Horowitz, CapitalG, Meritech, Sequoia, and others. The round values Clay at $7.1 billion USD, more than double the $3.1-billion USD valuation it was given with its $100-million Series C in August 2025. It comes as Clay surpasses 17,000 clients, up from 10,000 a year ago, including Anthropic, ElevenLabs, Google, OpenAI, Siemens, and Stripe. From the source: "AI is unleashing the biggest wave of company creation in history, and Clay's goal is to be the engine those companies use to grow to their full potential," Clay co-founder and CEO Kareem Amin said in a release. "We started by aggregating the best data for [business-to-business] companies. Then, we built the infrastructure to run any personalized campaign on top of it. Now, we're building agents that can help grow your company for you." The context: Clay was launched in 2017 by McGill University graduates and repeat entrepreneurs Amin and Nicolae Rusan. Rusan (who is Canadian) has since left Clay. Amin, who is originally...
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