The New York-based startup also announced previously undisclosed funding rounds totalling US$16 million. Meritech Capital led the Series B, and Seqouia Ventures led its US$13.5-million Series A round. Other backers include Maple, a Canadian diaspora-focused firm. (The Logic)
Talking point: Clay CEO Kareem Amin, a McGill University alumnus, co-founded the firm in June 2017.Clients use its technology to conduct web research on potential clients, find contact and other information from third-party databases, and generate tailored sales and marketing messages. It counts enterprise tech firms Anthropic, Intercom and Notion as customers. Sales force automation is a venerable but massive category, and plenty of players in the space are applying large language models to the work of buyer-identification and engagement. Clay uses OpenAI’s technology for its research agent.