Sequoia, Meritech Invest in AI Sales and Marketing Startup Clay
Company was valued at $500 million in its latest funding round.
Varun Anand, left, and Kareem Amin.
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An artificial intelligence startup focused on sales and marketing for businesses has raised $46 million from venture capital investors, the company plans to announce Thursday.
The startup, called Clay, is now valued at $500 million. The deal was led by Meritech Capital Partners, with participation from Sequoia Capital, First Round Capital and others. It brings the startup’s total funding haul to $62 million, the company said. News of the deal and Clay’s previous fundraising efforts haven’t been previously reported.