Pitched roof

15 September 2026 • 1 minute read

DLA Piper advises Clay on financing to advance AI go-to-market platform

DLA Piper advised Clay, an AI go-to-market company, on its US$115 million Series D financing. The funding will support the continued development of Clay’s AI agent infrastructure, which serves customers ranging from startups to the Fortune 500 companies. The transaction values Clay at approximately US$7.1 billion.

The DLA Piper deal team was led by Partner Josh Seidenfeld (Palo Alto), who co-leads the firm’s Emerging Growth and Venture Capital practice and leads the firm’s Northern California Corporate and Securities practice, and included Partner John Hutar (Palo Alto) and Associates Brandon Shaw (Los Angeles), Viet Nguyen, Melody Lilazy (both San Diego), and Christopher Rebagliati (Palo Alto).

DLA Piper’s Emerging Growth and Venture Capital practice includes more than 200 lawyers who provide strategic counsel to emerging companies and venture capital firms in high-growth industries, including technology, healthcare, life sciences, and financial services. Over the last three years, DLA Piper has completed more than 2,100 financings globally, totaling more than US$80 billion. The firm is ranked among the most active global law firms for venture capital deal volume, according to PitchBook.