Clay hits $7.1B valuation with $115M raise as it sees AI agents running future of sales

Clay just turned another fundraising round into a very loud signal about where it thinks sales software is headed. The New York-based go-to-market platform raised $115 million in a Series D led by Wellington Management, and the new valuation lands at $7.1 billion. Existing backers including Sequoia Capital, Andreessen Horowitz and CapitalG came back for more too.

The jump is sharp. Clay closed a $100 million Series C at $3.1 billion just over a year ago, then followed that with a $5 billion employee tender offer in January. Now the company has more than doubled that mark again, without saying much publicly about revenue. Investors clearly aren’t waiting for the usual proof points before paying up.

Clay did not start as a sales tool. Kareem Amin and Nicolae Rusan met at McGill University, worked together at Microsoft, and originally wanted to make programming accessible to people who could not code. Varun Anand joined as a third co-founder in 2021, around the time the company pivoted from a broad data product toward go-to-market teams.

The pitch today is much more specific, and much more ambitious. Clay says its platform combines CRM records, product usage, campaign engagement, calls, emails, and outside signals like funding news and hiring activity. AI agents then use that mix to decide what a sales team should do next, from finding prospects to researching them, drafting outreach, and launching campaigns that adjust based on what worked.

The company says it now serves more than 17,000 customers, including Anthropic and Google. It is also launching a $1 million fund to train people for what it calls the “GTM engineer” role, a title it says it coined. That sounds less like a software feature and more like a bid to define the next job category around the product.

Clay is hardly alone in chasing this market. Regie.ai raised $30 million in February, 11x has taken in about $76 million, and Apollo.io and ZoomInfo are still in the mix. But Clay is making a broader claim than most: it wants to be the infrastructure under the whole go-to-market function, not just another tool for one part of it.