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Outreach

Outreach is a Seattle-based sales automation SaaS company in the computer software industry with nearly 700 employees and nearly $500...

Facts

HQ
Seattle, Washington
Sectors
Software Development
Founded
2014
Type
Corporation Seattle business license
Employees
5061
Registered name
Outreach Corporation Seattle business license
Stage
Startup
Total raised
$459.8M SEC Form D filings Total of this company's SEC Form D filings
Last round
$201M · May 2021 SEC Form D

Karan Mehandru & Anna Baird on Go-To-Market Strategy, and Navigating Sales, Growth, and Leadership

This week, Madrona Managing Director Karan Mehandru hosts Madrona Operating Partner Anna Baird. The operating partner role is a new one for Madrona, and we're excited to have her on the team to advise our founders. Before transitioning to board positions in the last couple of years, Anna was most recently the CRO at Outreach. Before that, she was the COO at Outreach, and before that, she was the CFO at several companies. That trifecta of C-Suite experience gives Anna a unique perspective to help founders navigate any blind spots they may have. Anna and Karan, who is on the…

Outreach Cuts 12% of Staff Amid Economic Pressures, Aiming for 2024 Profitability

Seattle-based sales software startup Outreach laid off 12% of its staff amid shifting economic conditions and ongoing cost-cutting efforts, aiming for profitability next year. This follows previous layoffs of 5% in August 2022, 7% in February 2023, and another 5% last month, with some business functions being offshored to Mexico City and India.

Los Angeles Venture Firm Bonfire Expands Seattle B2B Startup Investments, Leads $4M Round for CalmWave

Los Angeles-based venture firm Bonfire is expanding its early-stage B2B startup investments into Seattle, backing three local startups including a $4 million funding round for CalmWave. Principal Tyler Churchill emphasizes Seattle's growing tech talent and ecosystem, noting increasing collaborative opportunities among venture firms despite competitive dynamics.

Amperity cuts 13 roles (3% of staff) amid reorganization while planning continued hires and investments

Seattle customer-intelligence startup Amperity laid off 13 employees (about 3% of its 375-person workforce), primarily from its talent acquisition team, while saying it will continue hiring and invest in growth. CEO Barry Padgett attributed the cuts to organizational alignment with strategic growth plans; the company became a unicorn in July 2021 after a $100 million raise and values at $1 billion.

GeekWire updates Seattle list as Highspot raises $248M at $3.5B; SeekOut and Icertis added to 16 local unicorns

GeekWire updated its list of Seattle-area 'unicorn' startups (privately held companies valued at $1B+) after additions and a valuation change for Icertis, noting recent entrants like SeekOut and Highspot, which raised $248 million at a $3.5 billion valuation. The article highlights that the Seattle cohort includes 16 unicorns, none led by a female or Black CEO, and that many CEOs have Microsoft backgrounds amid a global surge in unicorns and venture funding.

Outreach opens Chelsea office in Manhattan as Seattle startup expands East Coast presence after $200M raise at $4.4B valuation

Seattle sales automation startup Outreach opened a Chelsea office in Manhattan to expand its East Coast presence; the company has about 1,000 employees, 35 in the New York region, and remains flexible on remote/hybrid work. Outreach raised $200 million in June at a $4.4 billion valuation and plans additional offices, including Atlanta in 2022.

Sarah Bird departs Moz after 14 years and seven-plus years as CEO following June acquisition by iContact (J2 Global)

Sarah Bird is leaving Moz after 14 years at the Seattle SEO software startup, including more than seven years as CEO; Moz was acquired by iContact (a J2 Global subsidiary) this past June and Bird transitioned to EVP and chief revenue officer of the Moz Group before announcing her departure. She plans to take the winter off to rest and has no firm next steps yet.

Relevvo raises $1.5M seed to power personalized B2B sales messaging from Microsoft and LinkedIn veterans

Seattle startup Relevvo, founded by veterans from Microsoft, LinkedIn and other firms, raised a $1.5 million seed round to sell a B2B ‘relevance engine’ that delivers personalized sales messaging at scale to replace ‘spray and pray’ outreach. The seven-person company counts customers like iSpot, Esper, Hiya and CourseKey and was founded by Aashish Dhamdhere and Tushar Shanbhag.

Gordon Hempton (Co-Founder & CEO at Spot.xyz) founder lessons from Outreach to Spot, establishing culture, and remote work

Gordon co-founded Outreach in 2013. Now a multi-billion, 1000+ employee company, he's reached rare air. But he's starting again with Spot.xyz... all the way back to the ground flood. That means writing code, recruiting, and establishing a culture from the ground-up. Why would he do it again? Hear his founder lessons on this episode of The Built in Seattle Podcast.

'They proved me wrong.' Investor who passed on Seattle startup analyzes its IPO

Jason Stoffer was still early in his career at venture capital firm Maveron in 2012 when he declined an opportunity to invest in Remitly, then a fledgling Seattle startup with ambitions to challenge Western Union by bringing a tech mindset to the business of international money transfers. He was impressed by Remitly co-founders Matt Oppenheimer and Josh Hug but knew they faced a huge challenge in getting the state-by-state regulatory approval required to make monetary remittances to what was then their initial international market, the Philippines. "It felt like the end vision was powerful — if they can get there,"…

Outreach names Melton Littlepage CMO and adds Stefan Schulz to board; ShelfEngine hires Kane McCord; Kaskada promotes Charna Parkey

Seattle sales enablement company Outreach (valued at $4.4B) named Melton Littlepage as CMO and added Stefan Schulz to its board; ShelfEngine hired Kane McCord as president and CRO after a $41M Series B; Kaskada promoted Charna Parkey to VP of product. The article lists several executive moves across Seattle-area startups and tech companies.

Seattle startups raise record $3.1B in H1 2021, producing 12 local unicorns as Auth0 exits for $6.5B

Seattle-area startups raised a record $3.1 billion across 205 deals in H1 2021, driven by mega-rounds that produced at least 12 local unicorns and broader Pacific Northwest tech funding topping $5 billion. National VC activity and IPO/M&A dollar volumes are also surpassing prior records, with major exits like Auth0’s $6.5 billion acquisition by Okta highlighting regional maturation.

Ben Gilbert of PSL and 'Acquired' on the red-hot market for IPOs, VC and acquisitions

Another day, another deal. Keeping up with the flurry of acquisitions, IPOs, SPACs and venture capital these days is no easy task. In fact, IPO dollar volume for 2021 has already reached $171 billion, surpassing the record totals of last year. Same goes for mergers and acquisitions, with record levels of deal activity tracked for 2021. The money is certainly flowing. Washington state now boasts 11 "unicorns" — privately held companies boasting valuations of $1 billion or more. Many of them — such as Highspot, Zenoti and Outreach — have raised venture capital rounds of $150 million or more in…

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