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 prospecting, closing and custom