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Clay reportedly raises new funding led by CapitalG on a $3B valuation

  • Clay Labs Inc., an AI-driven sales and marketing startup, has raised a Series C round of funding on a $3 billion valuation led by CapitalG Management Co., an independent growth fund owned by Alphabet Inc.
  • Founded in 2017, Clay offers a platform for managing relationships through AI-powered enrichment, research, and outreach automation.
  • Clay's platform connects with multiple CRM systems and data sources to clean, update, and deduplicate contact records automatically.
  • The AI services provided by Clay include personalized messaging, enabling users to craft targeted emails based on enriched data.
  • The company caters to over 300,000 go-to-market teams, serving notable customers such as Canva, HubSpot, Dropbox, Uber, and more.
  • Clay has raised a total of $102 million over four funding rounds, with existing investors including Meritech Capital Partners, Sequoia Capital, and First Round Capital.

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