Outreach

Enterprise Software

Founded: 2011

Last Round Valuation: $4.44B

Outreach, established in 2011 by Manny Medina, Gordon Hempton, Wes Hather, and Andrew Kinzer, is a company that specializes in the creation of a cutting-edge B2B sales engagement platform. This platform is meticulously designed to facilitate efficient management of all interactions with prospects and customers, encompassing channels such as email, voice, and social media. The primary objective of Outreach is to empower organizations to unlock their maximum growth potential. To achieve this, the company offers sales execution workflows that seamlessly integrate artificial intelligence and machine learning capabilities. These advanced technologies play a vital role in identifying and addressing any gaps in the sales process, ensuring a smooth and effective execution throughout the entire sales cycle. From prospecting and lead generation to deal management and forecasting, Outreach provides comprehensive solutions that enhance sales performance and drive business success.

Outreach Overview:

Outreach, founded in 2011, is a renowned company that has made significant contributions to the field of B2B sales engagement. With Manny Medina, Gordon Hempton, Wes Hather, and Andrew Kinzer as its founders, the company has established itself as a leader in providing a comprehensive platform for managing and optimizing sales interactions.

The core offering of Outreach is its robust B2B sales engagement platform. This platform serves as a centralized hub for managing all prospect and customer interactions across multiple channels, including email, voice, and social media. By consolidating these communication channels, Outreach enables sales teams to streamline their outreach efforts, enhance productivity, and improve overall sales performance.

One of the key strengths of Outreach lies in its focus on helping organizations reach their growth potential. The platform delivers sophisticated sales execution workflows that leverage artificial intelligence (AI) and machine learning (ML) technologies. By harnessing the power of AI and ML, Outreach empowers sales teams to close execution gaps and optimize their sales processes across the entire sales cycle. From prospecting and lead generation to deal management and forecasting, the platform provides valuable insights and actionable recommendations to enhance efficiency and drive revenue growth.

The AI and ML capabilities of Outreach are instrumental in automating repetitive tasks, enabling sales professionals to focus on building relationships and driving revenue. The platform analyzes data, identifies patterns, and delivers personalized and targeted messaging to engage prospects and customers effectively. By leveraging advanced algorithms and predictive analytics, Outreach helps sales teams prioritize leads, tailor their communication strategies, and increase conversion rates.

Additionally, Outreach offers a range of features and integrations that further enhance its functionality. These include CRM integration, analytics and reporting tools, collaboration features, and customizable templates. The platform is designed to adapt to the unique needs of each organization, providing a flexible and scalable solution for managing sales engagement.

Headquartered in Seattle, Washington, Outreach has rapidly gained recognition and popularity among sales professionals and organizations worldwide. The company has received numerous accolades for its innovative approach and has forged strategic partnerships with leading technology companies.

In summary, Outreach stands at the forefront of B2B sales engagement, offering a powerful platform that optimizes prospect and customer interactions across multiple channels. With its focus on leveraging AI and ML technologies, Outreach enables organizations to drive sales efficiency, improve conversion rates, and achieve their growth objectives.

Founders:

  • Manny Medina

  • Gordon Hempton

  • Wes Hather

  • Andrew Kinzer

Top Investors:

  • Premji Invest

  • STEADFAST Capital Ventures

  • Tiger Global Management

  • Sands Capital

  • Salesforce Ventures

  • Operator Collective

  • Lone Pine Capital

  • Meritech Capital Partners

  • Lemonade Capital

  • DFJ Growth

  • Calterra Capital

  • M12

  • Four Rivers Group

  • Mayfield Fund

  • Floodgate Fund

  • Mayfield Fund

  • MHS Capital

  • Three Point Group

  • Founders' Co-op

Funding History:


Date Share Type Amount Raised Raised to Date Issue Price Post Money Valuation Key Investors
May 2021 Series G $201.03MM $490.86MM $29.27 $4.44B Premji Invest, STEADFAST Capital Ventures, Tiger Global Management
Jun 2020 Series F $50MM $289.83MM $9.83 $1.34B Sands Capital, Salesforce Ventures, Operator Collective
Apr 2019 Series E $113.73MM $239.83MM $9.18 $1.1B Lone Pine Capital, Meritech Capital Partners, Lemonade Capital
May 2018 Series D $65MM $126.1MM $4.99 $515MM DFJ Growth, Calterra Capital, M12
May 2017 Series C $30MM $61.1MM $2.41 $200MM DFJ Growth, Four Rivers Group, Mayfield Fund
Jun 2016 Series B $17.36MM $31.1MM $1.15 $86.12MM M12, Mayfield Fund, Floodgate Fund
Oct 2015 Series A $9.2MM $13.74MM $0.64 $32.72MM Mayfield Fund, Floodgate Fund, MHS Capital
May 2015 Series Seed-1 $2.72MM $4.54MM $0.28 $7.28MM Floodgate Fund, Founders' Co-op, MHS Capital
Nov 2012 Series Seed $1.82MM $1.82MM $0.31 $5.6MM Three Point Group, Founders' Co-op

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