Sales Automation Startup Clay raised a $100 million Series C at a $3.1 billion valuation in the round led by Capitalg, confirming TechCrunch's report in June.
Funding followed the $1.25 billion Series B round six months ago, followed by a $1.5 billion sequoia-led tender offer several months ago, allowing most employees to sell a portion of their shares.
The latest deal brings Clay's total funds to $204 million. Existing investors Meritech Capital, Sequoia Capital, First Round Capital, BoxGroup and Boldstart also participated in Series C, with new supporters Sapphire Ventures taking part in the round.
The 8-year-old startup uses AI-powered tools for sales and marketers to assert customers such as Openai, humanity, camber, intercoms and lip rings.
Clay co-founder and CEO Kareem Amin told the New York Times that the company hopes the company will finish the year with $100 million in revenue, tripling its revenue from last year.