Outreach

Outreach

Sales engagement platform for B2B clients

About Outreach

Simplify's Rating
Why Outreach is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Consumer Software

Enterprise Software

Company Size

1,001-5,000

Company Stage

Series G

Total Funding

$512.9M

Headquarters

Seattle, Washington

Founded

2014

Overview

Outreach.io provides a sales engagement platform that helps businesses improve their sales processes and increase revenue. The platform offers tools to automate and streamline various sales outreach activities, including email campaigns, phone calls, and social media interactions. This allows sales teams to work more efficiently and effectively, enabling them to track customer interactions and close more deals. Outreach.io primarily serves B2B clients across different industries, from small startups to large enterprises. The company operates on a subscription model, where clients pay a recurring fee to access its suite of tools, with different pricing tiers available to meet diverse client needs. This model not only ensures a steady revenue stream but also allows for continuous updates and improvements to the platform. Outreach.io distinguishes itself from competitors by focusing on automation and data-driven insights, aiming to optimize sales workflows for its users.

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Simplify's Take

What believers are saying

  • AI-driven sales tools are projected to increase productivity by 30% by 2025.
  • The demand for personalized customer experiences is rising, boosting Outreach's relevance.
  • Remote work trends accelerate the adoption of digital sales tools like Outreach.

What critics are saying

  • Leadership transition with Manny Medina stepping down may cause strategic shifts.
  • AI Prospecting Agent's public BETA could face user adoption and technical challenges.
  • Partnership with Harte Hanks may lead to integration challenges affecting effectiveness.

What makes Outreach unique

  • Outreach leverages AI to optimize sales interactions across email, voice, and social.
  • The platform offers a subscription model with premium add-ons and integrations.
  • Outreach serves diverse B2B clients, from startups to large enterprises.

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Funding

Total Funding

$512.9M

Above

Industry Average

Funded Over

8 Rounds

Notable Investors:
Series G funding comparison data is currently unavailable. We're working to provide this information soon!
Series G Funding Comparison
Coming Soon

Benefits

Parental Leave: Extended PTO for both parents, plus unique perks to ease the transition of returning to work.

Full Medical Benefits: Majority of employer paid medical, dental and vision coverage.

401k: A competitive plan to help you save for retirement.

Flexible Time Off: We believe in a healthy work/life balance, and in our employees to make practical time off arrangements.

Growth & Insights and Company News

Headcount

6 month growth

↑ 2%

1 year growth

↑ 2%

2 year growth

↑ 0%
Outreach
Dec 18th, 2024
Outreach's AI Year in Review: 2024 Wrapped

At Explore24 earlier this month, Outreach announced its new AI Prospecting Agent private BETA, set to launch as public BETA in February 2025.

Version One Ventures
Oct 1st, 2024
Q3 2024 Portfolio in Review

Manny Medina is stepping down as CEO of Outreach, the sales automation software company he helped start a decade ago.

Stock Titan
Aug 19th, 2024
Harte Hanks and Outreach Team Up to Deliver Innovative Sales Engagement Solutions

Harte Hanks (NASDAQ:HHS) has announced a collaboration with Outreach, a leading execution platform for intelligent revenue workflows.

PC Tablet
May 7th, 2024
Revolutionizing Customer Demos: The Launch of FullContext's AI Buyer Copilot

In an ambitious leap forward in the realm of sales automation technology, the pioneers behind Outreach have announced their latest venture, "Buyer Copilot."

Iowa Agribusiness Radio Network
May 3rd, 2024
ISU Extension providing farmers with valuable climate data

Iowa State University Extension and Outreach recently hired Madelynn Wuestenberg as its new agricultural climatology specialist in order to help guide farmers with data and information on Iowa's climate patterns.

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