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, 2025•8 months ago
Amount Raised
$40 Million
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.
Funding Insights
Based on industry dataVC-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