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AI startup Clay seeks funding at $1.30 billion valuation

According to people familiar with the matter, artificial intelligence startup Clay is seeking to raise funds at a valuation of $1.30 billion. Last June, the company completed a $46 million Series B financing at a valuation of $500 million, led by Meritech. Clay supports revenue operations and growth teams to automate lead generation. Its clients include Anthropic, Notion, Vanta, Ramp and Intercom.