<ul data-eligibleForWebStory="true">Sales automation startup, Clay, raises Series C round at an approximate $3 billion valuation led by CapitalG according to sources.Clay recently allowed its employees to sell shares at a $1.5 billion valuation, indicating a significant increase in valuation.Plans for annual tender offers give employees more opportunities to sell stock at higher valuations in the future.Founded in 2017, Clay gained momentum by focusing on AI-powered tools for salespeople and marketers.Clay's tools are utilized by numerous customers, from large companies like OpenAI and HubSpot to smaller consulting agencies.Clay competes with other sales tech platforms such as ZoomInfo, Lusha, Apollo.io, Unify, and Common Room.Investors in Clay include Sequoia, Meritech Capital, Boldstart Ventures, Maple VC, First Round Capital, and Box Group.