Topic: employee tender offer

  • Clay Raises Funding at $3B Valuation, Sources Reveal

    Clay Raises Funding at $3B Valuation, Sources Reveal

    Clay raised a $3 billion valuation in its Series C funding round led by CapitalG, though details remain undisclosed by the company or investor. The company recently allowed employees to sell equity at a $1.5 billion valuation and plans annual tender offers for ongoing liquidity, per CEO Kareem Am...

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  • Sequoia Backs $1.5B Tender Offer for Sales Startup Clay

    Sequoia Backs $1.5B Tender Offer for Sales Startup Clay

    Clay, a sales automation platform, achieved a $1.5 billion valuation through a Sequoia-backed employee tender offer, allowing eligible staff to sell equity at favorable terms. The company has grown rapidly since 2022, now serving major clients like OpenAI and HubSpot...

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