Clay Raises $115M to be the AI Growth Engine for Every Company

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Postmedia has not reviewed the content. by Business Wire Clay Raises $115M to be the AI Growth Engine for Every CompanyAuthor of the article:THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountWellington leads Series D at a $7.1B valuation for Clay, now used by 17,000+ companies; Clay also announces $1 million scholarship fund to train GTM engineers.NEW YORK — Clay, the AI go-to-market company, today announced a $115 million Series D financing at a $7.1 billion valuation, led by Wellington, with participation from Sequoia, StepStone, Andreessen Horowitz (a16z) Perennial, Meritech, DST, CapitalG, BoxGroup, Boldstart, Bloomberg Beta, and Evolution. Clay now serves more than 17,000 customers, including 80% of the Forbes AI 50, as well as Anthropic, Google, OpenAI, Stripe, ElevenLabs, Workday, and Siemens.“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,” said Kareem Amin, co-founder and CEO of Clay. “We started by aggregating the best data for B2B 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.”Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againClay predicts the next best action for a business and then helps teams take it. Just as software engineers run coding agents, GTM Engineers — coined by Clay — run growth agents. These agents can help find a company’s ideal customers, monitor intent signals, launch new features to the right customers, and more. As they run, Clay comes to understand a company’s business, market, and customers. It learns from outcomes and improves with use.“We’re building a self-learning revenue engine,” Amin said. “The better a company gets at learning, the faster it grows.”The GTM system that learns from every runClay unifies a company’s full context: CRM data, product usage, campaign engagement, calls, emails, and more. It layers on signals from the outside world, like funding events, hiring activity, and job changes. From all of it, Clay builds a live understanding of a company’s total addressable market and shares it across the entire organization.With that context, teams can describe a business goal in plain language, and Clay will build it into a workflow they can inspect and adjust. Customers can ask Clay to book meetings with fintech marketing leaders, for example, and it will find the right people, research their businesses, build a tailored presentation for each prospect, and set up outreach. If a prospect later mentions when their contract ends and asks for a pricing clarification, Clay will remember the timing, notice that other prospects had the same question, and update materials to answer it. Teams retain full control, whether they create deterministic workflows themselves or let AI agents build them.Clay will preview upcoming product launches at Sculpt, its second annual user conference, on October 8 in San Francisco.Announcing $1M to grow the next wave of GTM EngineersClay also announced a $1 million scholarship fund to train the next generation of GTM engineers, the practitioners who build revenue systems at some of the fastest-growing companies in the world. People come to GTM engineering from backgrounds including RevOps, growth marketing, software engineering, and design.“We believe the next wave of companies will be built by teams that think about growth in a systematic way,” Amin said. “We want to make this career accessible to more people. If we do it right, we’ll be powering the next wave of the world’s economic growth.”Clay is the AI go-to-market company used by more than 17,000 companies, from startups to the Fortune 500, to grow to their full potential. Founded in 2017 by Kareem Amin and Nicolae Rusan and joined by co-founder Varun Anand in 2021, Clay is headquartered in New York. Learn more at clay.com.View source version on businesswire.com: This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.