About Clay
Clay is a company based in United Kingdom founded in 2018 by Matthew Achariam and Zachary Hamed was acquired by Automattic in June 2025. It operates as a SaaS (Software-as-a-Service), and Freemium. Clay has raised $8 million across 1 funding round from investors including Automattic, Forerunner Ventures and General Catalyst. Clay offers products and services including Clay, Nexus AI, and Clay for Teams. Clay operates in a competitive market with competitors including Cloze, Birthday App, Quaddro, Taaply and UpHabi, among others.
- Headquarter United Kingdom
- Founders Matthew Achariam, Zachary Hamed
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8 M (USD)
in 1 rounds
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Latest Funding Round
$8 M (USD), Seed
Aug 30, 2021
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Investors
Automattic
& 4 more
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Employee Count
Employee Count
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Acquired by
Automattic
(Jun 15, 2025)
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Products & Services of Clay
Clay offers a comprehensive portfolio of products and services, including Clay, Nexus AI, and Clay for Teams. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Personal relationships are managed and organized with automation.
Network navigation is enhanced through AI-driven insights automatically.
Team networking is supported with collaborative relationship tools.
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Funding Insights of Clay
Clay has successfully raised a total of $8M through 1 strategic funding round. The most recent funding activity was a Seed round of $8 million completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $8.0M
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First Round
First Round
(30 Aug 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Seed - Clay | Valuation | Forerunner Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Clay
Clay has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Automattic, Forerunner Ventures and General Catalyst. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage investments are directed toward tech startups by Forerunner Ventures.
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Founded Year | Domain | Location | |
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Early-stage tech investments are made primarily in US companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Clay
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Clay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Clay Comparisons
Competitors of Clay
Clay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cloze, Birthday App, Quaddro, Taaply and UpHabi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sales emails and interactions are prioritized and tracked automatically.
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| domain | founded_year | HQ Location |
A personal relationship management app is offered for birthday reminders.
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| domain | founded_year | HQ Location |
Offering customer experience management solutions
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| domain | founded_year | HQ Location |
AI-based app is developed for sharing personal and business information.
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| domain | founded_year | HQ Location |
A personal and professional network management app is developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Clay
Frequently Asked Questions about Clay
When was Clay founded?
Clay was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Clay located?
Clay is headquartered in United Kingdom.
Who is the current CEO of Clay?
Matthew Achariam is the current CEO of Clay. They have also founded this company.
Is Clay a funded company?
Clay is a funded company, having raised a total of $8M across 1 funding round to date. The company's 1st funding round was a Seed of $8M, raised on Aug 30, 2021.
What does Clay do?
Relationships are organized and nurtured by Clay through a personal CRM platform. The company focuses on automating contact management, providing intelligent search capabilities, and syncing network updates in real time. Solutions are offered for individuals and teams across various sectors, integrating with tools like Notion and Twitter. Features such as reminders, AI-driven insights via Nexus AI, and cross-platform availability on macOS, web, Windows, and iOS are provided to enhance productivity and connectivity.
What products or services does Clay offer?
Clay offers Clay, Nexus AI, and Clay for Teams.
Who are Clay's investors?
Clay has 5 investors. Key investors include Automattic, Forerunner Ventures, General Catalyst, Slow Ventures, and Notation Capital.