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
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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 successful. W
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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.