GroupTalent
Facts
- HQ
- Seattle
- Sectors
- Recruiting, Software, HR Tech
- Founded
- 2011
Former Outreach CEO Manny Medina Launches London-Based Startup Paid with $10M to Monetize AI Agents
Manny Medina, co-founder and former CEO of Outreach, has launched Paid, a London-based startup focused on monetizing AI agents, backed by over $10 million in funding. Medina stepped down as Outreach CEO in September and now serves as executive chairman while Paid aims to simplify billing and monetization for AI builders.
Techstars Seattle 2011 cohort produced three unicorns (30% rate), making it arguably the accelerator world's most successful class
Techstars Seattle’s 2011 accelerator cohort produced three unicorns — a 30% unicorn-rate — making it likely the most successful accelerator class ever, despite founders facing near-death challenges and a low representation of women among its ten startups.
Outreach co-founders Wes Hather and Gordon Hempton leave to found stealth remote-work startup after Outreach raises $50M
Outreach co-founders Wes Hather and Gordon Hempton have left the Seattle sales-software unicorn and are collaborating on a stealthy remote-work startup; Hempton departed in October and Hather left earlier this year while Manny Medina remains CEO. Both founders are prototyping the new product and proving product-market fit, and Outreach recently raised $50 million.
Outreach raises $50M Series F led by Sands Capital, valuing Seattle startup at $1.33B
Seattle sales-engagement startup Outreach raised a $50 million Series F led by Sands Capital, bringing its valuation to $1.33 billion and total funding to $289 million while holding more than $100 million in cash. The company says the funding bolsters its position amid COVID-19 as remote selling increases and over 4,000 customers use its platform.
Outreach CEO Manny Medina Says Seattle Unicorn (550 Employees) Avoided Layoffs, Aids Customers Through COVID-19 After $114M Raise
Outreach CEO Manny Medina says the Seattle-based sales-engagement unicorn has avoided layoffs and continues serving customers through the COVID-19 crisis by helping them manage remote teams and pivot sales processes, after raising $114 million last year. The 550-employee company is seeing mixed demand as some clients like DoorDash and DocuSign surge while others cut spending.
