- Date
- September 9, 2026
- Kind
- Funding
- Significance
- Moderate
On September 9, 2026, Clay announced a $115 million Series D at a $7.1 billion valuation, led by Wellington. In its own announcement, Clay says it is “building a self-learning revenue engine.”
The round
- Other investors named by Clay are Sequoia, StepStone, Andreessen Horowitz, Perennial, Meritech, DST, CapitalG, BoxGroup, Boldstart, Bloomberg Beta and Evolution.
- Clay says its revenue grew four times in 2025 and that it has more than 17,000 customers, including 80% of the Forbes AI 50. It names Anthropic, Google, OpenAI, Stripe, ElevenLabs, Visa, Siemens and UPS. These are company-reported figures; Clay did not state revenue or annual recurring revenue.
- It also announced a $1 million fund to train the next generation of “GTM engineers”, the practitioners who build revenue systems.
Context
The Next Web, citing The New York Times, reported that the round more than doubles the $3.1 billion valuation from a round in August 2025. Other coverage differs on earlier valuations, so we treat that comparison as reported, not confirmed.
Why it matters
Clay sits between data sources and go-to-market actions: it enriches a record, decides what to do and hands it to another tool. CRMs, sales platforms and data vendors are all moving into that layer, so the valuation is a bet that a neutral workflow tool wins. With no revenue figure disclosed, it is hard to judge from outside. The risk for a team that adopts it is dependence on another vendor's data sources and pricing.
What happened next
Clay did not say how it will use the proceeds. No public offering or listing timeline had been announced in the sources reviewed.
Sources
- Clay: Series D (opens in a new tab)
- The Next Web: Clay raises $115m at a $7.1bn valuation, more than double its 2025 price (opens in a new tab)
Read in search summary only; used for context on the earlier valuation.