Clay raises $115m as its valuation climbs to $7.1bn

Clay has raised $115m in a Series D round that values the New York go-to-market software company at $7.1bn. Wellington Management led the round, the company said in its announcement on Wednesday.

The New York Times broke the news, in a DealBook story by Michael J. de la Merced. The paper reported that Clay’s previous round, a $100m raise in August 2025, valued it at $3.1bn. The new price is more than double that.

Existing investors returned alongside Wellington. They include Sequoia, StepStone, Andreessen Horowitz’s Perennial fund, Meritech, DST, CapitalG, BoxGroup, Boldstart, Bloomberg Beta and Evolution.

From data to agents

Kareem Amin and Nicolae Rusan founded Clay in 2017, and Varun Anand joined as a third co-founder in 2021. According to Tech Funding News, the original idea was to make programming accessible to people who could not code. The company has since narrowed its focus to sales and marketing, or go-to-market (GTM), teams.