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Outreach : Closes $200 Million Round; $4.4 Billion Valuation for Sales Engagement Category Leader


Outreach : Closes $200 Million Round; $4.4 Billion Valuation for Sales Engagement Category Leader
06/02/2021 | 01:01pm EDT
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SEATTLE, June 2, 2021 /PRNewswire/
Outreach, the largest and fastest-growing sales engagement platform provider, announced today it has closed a $200 million funding round co-led by new investors, Premji Invest and STEADFAST Capital Ventures. This funding round raises Outreach s valuation to more than $4.4 billion and its total funding to $489 million. The additional funding will further strengthen Outreach s position as a leading sales technology platform while accelerating market expansion and growth.
This past year represents a true moment of maturity for Outreach - we are now a mission-critical part of the revenue tech stack for customers, said Manny Medina, CEO and co-founder of Outreach. The bets we made years ago, including significant investments in artificial intelligence combined with prospectin ....

Lone Pine , United States , Czech Republic , City Of , United Kingdom , San Francisco , Amanda Woolley , Sandesh Patnam , Manny Medina , Karan Mehandru , Mayfield Fund , Deloitte Technology Fast , Premji Invest , Outreach Kaia , Outreach Insights , Outreach Success Plans , Managing Partner , Managing Director , Tiger Global Management , Sequoia Capital Global Equities , Vista Public Strategies , Existing Outreach , Salesforce Ventures , Lone Pine Capital , Sands Capital , Trinity Ventures ,

Outreach Closes $200 Million Round; $4.4 Billion Valuation for Sales Engagement Category Leader


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SEATTLE, June 2, 2021 /PRNewswire/
Outreach, the largest and fastest-growing sales engagement platform provider, announced today it has closed a $200 million funding round co-led by new investors, Premji Invest and STEADFAST Capital Ventures. This funding round raises Outreach s valuation to more than $4.4 billion and its total funding to $489 million. The additional funding will further strengthen Outreach s position as a leading sales technology platform while accelerating market expansion and growth.
This past year represents a true moment of maturity for Outreach - we are now a mission-critical part of the revenue tech stack for customers, said Manny Medina, CEO and co-founder of Outreach. The bets we made years ago, including significant investments in artificial intelligence combined with prospecting, closing and customer success capabilities integrated into one holistic platform, are what revenue organizations need most right now to be s ....

Lone Pine , United States , Czech Republic , City Of , United Kingdom , San Francisco , Amanda Woolley , Sandesh Patnam , Manny Medina , Karan Mehandru , Mayfield Fund , Deloitte Technology Fast , Premji Invest , Outreach Kaia , Outreach Insights , Outreach Success Plans , Managing Partner , Managing Director , Tiger Global Management , Sequoia Capital Global Equities , Vista Public Strategies , Existing Outreach , Salesforce Ventures , Lone Pine Capital , Sands Capital , Trinity Ventures ,

Outreach Propels Sales Engagement Forward with Integrated AI-Powered Conversation Intelligence, Buyer Sentiment Insights, and Success Plans, Unveiled at Unleash 2021


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SEATTLE, May 11, 2021 /PRNewswire/
Outreach, the largest and fastest-growing sales engagement provider, announced three new products that expand the definition of sales engagement further than ever before. By focusing on real-time conversation intelligence, buyer sentiment, and buyer engagement, Outreach now supports sellers across the entire revenue cycle while capturing rich buyer behavioral data that provides managers and revenue leaders with greater visibility into pipelines and forecasts.
In a world that has changed so dramatically, it s what you do now that matters, said Manny Medina, CEO and co-founder of Outreach. That s why we built real-time conversation and made revenue intelligence actionable. Because we must empower revenue organizations to continuously evolve so they can thrive in this new environment. We re living up to our vision of reimagining the category and paving the way for a new buyer and seller engagement model. ....

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