HedgeCo.Net — Clay, the New York–based AI go-to-market software company, said on September 9 it raised $115 million in a Series D at a $7.1 billion valuation, more than double the $3.1 billion mark from its August 2025 CapitalG-led round. Wellington led the financing, with participation from Sequoia, StepStone, Andreessen Horowitz, Perennial, Meritech, DST, CapitalG, and others named in the Business Wire release. Reuters independently printed the same $115 million / $7.1 billion Series D framing and Wellington lead.
Clay said it now serves more than 17,000 customers, including 80% of the Forbes AI 50 and names such as Anthropic, Google, OpenAI, Stripe, ElevenLabs, Workday, and Siemens. The company positions its product as agents and workflows that unify CRM, product usage, and external signals to run personalized GTM campaigns. Alongside the raise, Clay announced a $1 million scholarship fund to train “GTM engineers.” BetaKit independently carried the same $115 million Series D and roughly $7 billion valuation print with the Wellington lead.
This is a late-stage venture primary, not a secondary tender or acquisition. Mark $115 million, the $7.1 billion valuation, Wellington’s lead, and the >17,000 customer claim as company-stated and cross-checked. Do not invent revenue, ARR, or ownership percentages. The allocator object is AI application software at growth-equity scale inside sales and marketing automation.