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Clay

clay.comadded 2026-09-02
Disciplined capital use: $277M total raised against ~$100M ARR is healthy efficiency, not a growth-at-all-costs story↗ Employee liquidity on record

Worth-Joining Index · Scorecard

v2.1 ALPHA · 2026-08

Career Score

72/100

Coverage

100%

Verified

0%

Stage cohort

Growth

Vibe Check

🎪 community voting coming soon

Momentum
11.3/16
Efficiency
13/20
Backing
6.9/8
Market
7.7/11
Product
7.7/11
Upside
12.1/16

Latest valuation

$5B (tender offer led by DST Global, 2026-01)

Series C · 2025-08

ARR

~$100M ARR

Total raised

$277M total raised (as of 2026-01)

as of 2026-01

Team size

300+ employees

figures vary
AI销售GTM自动化开发者工具Founded · 2017Stage · Growth (Series C)HQ · New YorkSize · 300+ employees (2026-01)

Traction · Key numbers

ARR~$100M ARR (2025-12)Company's own page; grew from ~$31M in 2024 per press coverage Company-claimedas of 2025-12
ARR增速~3.2x YoY (2024 ~$31M to 2025 ~$100M)Company said revenue 'on track to more than triple'; growth multiple computed from $31M to $100M figures reported in coverage~ 3rd-party estimateas of 2025-12
Valuation rampIn 14 months, valuation went $500M (Jun 2024) → $3.1B (Aug 2025) → reported $5B (Jan 2026 tender)~ 3rd-party estimateas of 2026-01
Headcount300+ employees (Jan 2026)~ 3rd-party estimateas of 2026-01

Funding

Total raised

$277M total raised (as of 2026-01)

Rounds

2

Valuation pace

$500M to $3.1B in 14 months, reportedly reaching $5B since

C

$100M

Series C · 2025-08 · valuation $5B (tender offer led by DST Global, 2026-01) · led by DST Global

With: Sequoia Capital, Meritech Capital, First Round Capital, BoxGroup, Boldstart Ventures, Sapphire Ventures · Lead of the most recent transaction, a January 2026 employee tender offer at $5B valuation; prior primary round (Series C, Aug 2025, $3.1B) was led by CapitalG

B

$46M

Series B · 2024-06 · valuation $500M · led by Meritech Capital

With: Sequoia Capital, First Round Capital, BoxGroup, Boldstart Ventures

Disciplined capital use: $277M total raised against ~$100M ARR is healthy efficiency, not a growth-at-all-costs story

CapitalG (Google's growth fund) leading the Series C plus DST Global leading a tender offer signals sustained late-stage institutional conviction, not a one-off spike

Two employee tender offers in quick succession (May 2025, Jan 2026) suggest strong liquidity demand from staff and early holders — worth checking whether it's diluting incentive alignment

Founders

Kareem Amin CEO

Former VP of Product at The Wall Street Journal; previously co-founded Frame, acquired by Sailthru

Nicolae Rusan Co-founder

Met Kareem Amin as undergraduates at McGill University and co-founded Clay with him

Varun Anand Head of Operations

Joined as third co-founder in September 2021, leads operations

Reality · Working here

H1B / PERMUnknown
Remote policyUnknown
Comp modelUnknown
GlassdoorUnknown — work here? Help us fill this in →
Equity liquidityTwo employee tender offers: May 2025 led by Sequoia Capital ($20M, $1.5B valuation) and January 2026 led by DST Global ($55M, $5B valuation)Company's own page Company-claimedas of 2026-01
Hiring statusUnknown

Signals & Risks

CustomersOpenAIAnthropicCanvaIntercomRippling
CompetitorsApollo.ioClearbitZoomInfo
ValuationValuation jumped from $500M to $3.1B (reportedly $5B) in about 18 months — a multiple well above typical SaaS comps, raising correction risk.
Platform dependencyProduct relies heavily on integrating third-party data sources and LLM APIs; upstream pricing or terms changes directly hit cost structure.
CompetitionEstablished sales-intelligence vendors like ZoomInfo and Apollo.io are rapidly adding AI features, intensifying competition.

Editorial ✎

Good fit for

· Engineers who want to build the orchestration layer for AI agents + data pipelines — Clay's real moat is reliably stitching 50+ data sources and LLM calls into workflows, a hard systems problem

· PMs/growth people with real B2B sales or marketing background who understand SDR/AE workflows, not just technical showmanship

· People comfortable working under high valuation and high public scrutiny, including bubble-valuation skepticism

Not for

· People who want a stable, low-volatility resume line — a 6x valuation jump in a year means the narrative (and morale) can swing hard if sentiment turns

· People uncomfortable building a core product on top of third-party dependencies (data vendors, LLM APIs) — much of Clay's cost structure and reliability isn't fully in its own hands

Ask in the interview

1. ZoomInfo and Apollo.io are both racing to add AI capabilities — what specifically is Clay's moat as an orchestration layer? Data integration depth, or workflow stickiness?

2. With ~$100M ARR supporting a $3.1B-5B valuation, how does the team internally think about growth pressure and potential valuation correction over the next 12-18 months?

3. Two employee tender offers suggest real liquidity pressure — what's the concrete plan for retaining core talent and keeping equity incentives aligned?

Data changelog

Community corrections → editorial review → applied, fully on the record

2026-09-02
股权流动性 / tender 记录 filled in as Two employee tender offers: May 2025 led by Sequoia Capital ($20M, $1.5B valuation) and January 2026 led by DST Global ($55M, $5B valuation)

data as of 2026-01 · Source: Clay company dossier

Company-claimed
2026-09-02
最近一轮领投机构 filled in as DST Global

data as of 2026-01 · Source: Clay company dossier

Company-claimed
2026-09-02
最近一轮估值 filled in as $5B (tender offer led by DST Global, 2026-01)

data as of 2026-01 · Source: Clay company dossier

Company-claimed
2026-09-02
累计融资额 filled in as $277M total raised (as of 2026-01)

data as of 2026-01 · Source: Clay company dossier

Company-claimed
2026-09-02
团队规模 filled in as 300+ employees (2026-01)

data as of 2026-01 · Source: Clay company dossier

Company-claimed
2026-09-02
收入增速 filled in as ~3.2x YoY (2024 ~$31M to 2025 ~$100M)

data as of 2025-12 · Source: Crunchbase News

~ 3rd-party estimate
2026-09-02
ARR / 年化收入 filled in as ~$100M ARR (2025-12)

data as of 2025-12 · Source: Clay company dossier

Company-claimed
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