Clay helps income operations and development groups to automate outreach to potential prospects.
The corporate final raised a $46 million Sequence B at a $500 million valuation led by Meritech in June.
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 advised Enterprise Insider.
Based in 2017, Clay last 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 newest funding spherical are usually not but finalized, and the figures concerned are topic to vary.
Based on its web site, Clay helps income operations and aids development groups to automate outreach to potential prospects. The corporate helps go-to-market groups construct a gross sales lead record with enriched buyer information. With over 75 information suppliers, Clay helps its prospects tailor outreach with extra detailed data on potential prospects similar to 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 corporations based mostly on firm domains, similar to particulars about its rivals. Clay’s AI messaging instrument can then assist gross sales groups ship tailor-made outbound messages to potential prospects.
The corporate lists Anthropic, Notion, Vanta, Ramp, and Intercom as prospects on its web site.
In response to a request for remark from Enterprise Insider, Clay CEO Kareem Amin mentioned, “We can’t verify 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 bought 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 shouldn’t be 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 yr. Different startups embrace Thrive-backed Unify, and Lusha, valued at $1.5 billion.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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