Clay Secures $40M Series B Expansion at $1.25B Valuation

Company News | $40M Series B expansion round at a $1.25B valuation | Clay announcement & Forbes article @channel

Hello Claymakers! Big news today --- please see our announcement below and THANK YOU SO MUCH for being here! You're the backbone of our success and we couldn't have done this without y'all! 🙏🏻 Every business has incredible growth ideas waiting to be unlocked. But too often, these ideas stay just that—ideas. Good growth ideas die without the right data and the ability to quickly act on it, lost in the struggle of countless tools, stale data, and fragmented workflows. Today we're announcing $40M in Series B expansion funding at a $1.25B valuation, led by Meritech Capital with participation from our existing investors. Though we had years of runway (with our last funding untouched in the bank), our existing investors wanted to double down after we 6x’d revenue in 2024. We're building the first true GTM development environment, where teams can transform any growth idea into reality. Clay gives GTM teams one place to source data and put it to work across their entire toolkit. We're already the industry's best source for external data and AI research agents, with tens of millions of runs a month. We’ll be working on adding more intent signals and the ability to use your own internal data to better identify expansion opportunities. We’re most proud of empowering our customers to build out their dream GTM motions: OpenAI achieved a high 80% enrichment rate and automated seller research at scale. Vanta constantly sources thousands of targeted contacts through automated workflows. Anthropic tripled their data enrichment coverage for inbound leads. Verkada doubled their ad targeting match rates and automated personalized landing pages for thousands of accounts. We're excited to see how Clay has shaped careers and created new opportunities. From dedicated Clay specialists to in-house teams, the ecosystem continues to expand. Our idea of the GTM Engineer—a technical builder who creates scalable revenue systems—has evolved from a novel concept into a rapidly growing career path with hundreds of open positions. 90+ agencies are building their businesses alongside us, some scaling to 7-figures by helping others unlock growth with Clay. 60+ meetup groups have formed organically across 30 countries—from Australia to Poland—to share their GTM expertise. Countless teams with in-house Clay specialists are molding workflows custom-built for their businesses. To our 5,000+ customers who trust us to power their growth: you’re awesome! Thank you for including us in your growth journeys and helping us improve everyday. To our community of Claymakers, builders, creators, and experts: Thank you for innovating with Clay in ways we never imagined and being so generous with your knowledge. To our investors Meritech Capital, Sequoia Capital, First Round Capital, BoxGroup, boldstart ventures — thank you for believing in our vision for the future of GTM. To everyone with a bold growth idea waiting to become a reality: we're building Clay for you! The future of GTM is creative, precise, and possible. Let's build it together. 🙂 Thank you for growing with Clay!