How Much Did Outreach Raise?
Funding & Key Investors

Outreach, a prominent player in the sales execution software market, has secured significant enterprise-level funding, with its total funding reaching $488.5M. The company recently announced a major strategic investment of $200M, underscoring its continued growth and market position. This latest capital infusion is expected to fuel further expansion and innovation within its sales execution platform.

What is Outreach?

Outreach
SoftwareCustomer Engagement Platforms

Outreach operates as the leading sales execution platform, designed to empower market-facing teams to enhance pipeline generation and closing efficiency. The platform integrates automation and artificial intelligence across the entire revenue cycle, from prospecting and deal management to forecasting. By leveraging these advanced technologies, Outreach aims to boost the productivity and effectiveness of go-to-market activities and personnel, enabling revenue leaders to achieve predictable outcomes and optimize their sales operations.

How much funding has Outreach raised?

Outreach has raised a total of $488.5M across 9 funding rounds:

2015

Angel/Seed

$2.4M

Series A

$9.2M

2016

Series B

$17.4M

2017

Series C

$30M

2018

Series D

$65M

2019

Series E

$114M

2020

Series F

$50M

2021

Unspecified

$200M

Angel/Seed (2015): $2.4M led by Floodgate Capital, MHS Capital, and Version One Ventures

Series A (2015): $9.2M supported by Mayfield Fund, Floodgate, and MHS Capital

Series B (2016): $17.4M featuring Mayfield, Flood Gate, Microsoft Ventures, MHS Capital, and Trinity Ventures

Series C (2017): $30M backed by Microsoft Ventures, Trinity Ventures, Mayfield, MHS Capital, and Draper Associates

Series D (2018): $65M with participation from MHS Capital, Four Rivers Group, Spark Capital, DFJ Growth, Trinity Ventures, Microsoft, Mayfield, and Sapphire Ventures

Series E (2019): $114M led by Spark Capital, Four Rivers Group, DFJ Growth, M12, Sapphire Ventures, Lemonade Capital, Meritech Capital Partners, Trinity Ventures, Lone Pine Capital, and Mayfield

Series F (2020): $50M supported by Mayfield, Lone Pine Capital, Spark Capital, Salesforce, Operator Collective LP, Trinity Ventures, Sapphire Ventures, Sands Capital Management, and Meritech Capital Partners

Unspecified (2021): $200M featuring Premji Invest and STEADFAST Capital Ventures

Key Investors in Outreach

Premji Invest

Founded in 2006, Premji Invest is an investment fund company that invests in public and private companies. They are headquartered in Bangalore, India.

Mayfield

Mayfield is a Menlo Park-based venture capital firm that raises dedicated funds to invest in early-stage technology companies, primarily at seed and Series A, backing enterprise, consumer, and infrastructure founders and partnering with them through growth and exit.

Spark Capital

Spark Capital, investors in products we love by creators we admire, including Affirm, Carta, Coinbase, Cruise, Discord, Oculus, Plaid, Postmates, Slack, Twitter, and Wayfair. We know there are no playbooks or formulas for success and are here to help founders win their own way. Spark Capital invest across all sectors and stages, and work out of San Francisco, Boston, and New York City.

What's next for Outreach?

With its substantial enterprise-level funding and recent strategic investment, Outreach is well-positioned for its next phase of growth. The company's focus on AI-driven sales execution suggests a trajectory towards deeper integration of intelligent automation within sales workflows. This capital will likely be deployed to enhance product development, expand market reach, and potentially explore strategic acquisitions to further solidify its leadership in the competitive sales technology landscape. The ongoing investment signals strong confidence from backers in Outreach's ability to continue innovating and capturing market share.

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Frequently Asked Questions Regarding Outreach Financial Insights

What are the most recent funding rounds that Outreach has completed, and what were the funding rounds?
Outreach has recently completed 3 funding rounds: Unspecified on Jun 2, 2021, Series F on Jun 17, 2020, Series E on Apr 16, 2019.
What is the total amount of funding Outreach has raised to date?
Outreach has raised a total of $488.5M in funding to date.
How many funding rounds has Outreach completed?
Outreach has completed 3 funding rounds.
How much funding did Outreach raise in its most recent funding round?
Outreach raised $200M in its most recent funding round.
Who are the lead investors in Outreach's latest funding round?
The lead investor in Outreach's latest funding round was Premji Invest. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Outreach's history?
The largest funding round in Outreach's history was $200M.
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