Outreach was founded in 1996 by Andrew Kinzer, Gordon Hempton, Manuel Medina, and Wes Hather. When asked about a potential IPO, CEO Medina said "we don’t have a timeline, but [the new funding] allows us to do it right, to think about public life at our own rate." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Outreach is a sales intelligence software platform. Medina reports that the company, based in Seattle with offices in three countries, has "well north of $100 million in annual revenue." Since 2018, Outreach has acquired Sales Hacker, Sameplan, and Canopy. The company has raised $489 million in venture capital funding from investors including Sequoia, Tiger Global, Vista Equity Partners, Salesforce Ventures, DFJ Growth, Mayfield Fund, Trinity Ventures, Sands Capital, and Lone Pine Capital. The latest round of funding brought in $200 million and increased Outreach's valuation to $4.2 billion — more than three triple its valuation from the previous year.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
05/27/2021 | Series G | $201.03MM | $xx.xx | $4.44B | Dfj Growth, Lone Pine Capital, Mayfield, Premji Invest, Salesforce Ventures, Sands Capital, Sequoia Capital, Steadfast Capital Ventures, Tiger Global Management, Trinity Ventures, Vista Public Strategies | |
Price per Share
$xx.xx
Shares Outstanding
6,868,710
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dfj Growth, Lone Pine Capital, Mayfield, Premji Invest, Salesforce Ventures, Sands Capital, Sequoia Capital, Steadfast Capital Ventures, Tiger Global Management, Trinity Ventures, Vista Public Strategies
|
||||||
06/17/2020 | Series F | $50MM | $xx.xx | $1.34B | Lone Pine Capital, Mayfield, Meritech Capital Partners, Operator Collective, Salesforce Ventures, Sands Capital, Sapphire Ventures, Spark Capital, Trinity Ventures | |
Price per Share
$xx.xx
Shares Outstanding
5,086,687
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Lone Pine Capital, Mayfield, Meritech Capital Partners, Operator Collective, Salesforce Ventures, Sands Capital, Sapphire Ventures, Spark Capital, Trinity Ventures
|
||||||
04/16/2019 | Series E | $113.73MM | $xx.xx | $1.1B | Dfj Growth, Four Rivers Group, Lemonade Capital, Lone Pine Capital, M12, Mayfield, Meritech Capital Partners, Sapphire Ventures, Spark Capital, Trinity Ventures | |
Price per Share
$xx.xx
Shares Outstanding
12,385,662
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dfj Growth, Four Rivers Group, Lemonade Capital, Lone Pine Capital, M12, Mayfield, Meritech Capital Partners, Sapphire Ventures, Spark Capital, Trinity Ventures
|
||||||
05/21/2018 | Series D | $65MM | $xx.xx | $515MM | Calterra Capital, Dfj Growth, M12, Mayfield Fund, Mhs Capital, Sapphire Ventures, Spark Capital, Trinity Ventures | |
Price per Share
$xx.xx
Shares Outstanding
13,023,351
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Calterra Capital, Dfj Growth, M12, Mayfield Fund, Mhs Capital, Sapphire Ventures, Spark Capital, Trinity Ventures
|
||||||
05/12/2017 | Series C | $30MM | $xx.xx | $200MM | Dfj Growth, Four Rivers Group, M12, Mayfield Fund, Mhs Capital, Trinity Ventures | |
Price per Share
$xx.xx
Shares Outstanding
12,439,848
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dfj Growth, Four Rivers Group, M12, Mayfield Fund, Mhs Capital, Trinity Ventures
|
||||||
06/22/2016 | Series B | $17.36MM | $xx.xx | $86.12MM | Floodgate Fund, M12, Mayfield Fund, Mhs Capital, Trinity Ventures | |
Price per Share
$xx.xx
Shares Outstanding
15,151,893
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Floodgate Fund, M12, Mayfield Fund, Mhs Capital, Trinity Ventures
|
||||||
10/27/2015 | Series A | $9.2MM | $xx.xx | $32.72MM | Floodgate Fund, Mayfield Fund, Mhs Capital | |
Price per Share
$xx.xx
Shares Outstanding
14,276,846
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Floodgate Fund, Mayfield Fund, Mhs Capital
|
||||||
05/03/2015 | Series Seed-1 | $2.72MM | $xx.xx | $7.28MM | Floodgate Fund, Founders' Co-Op, Mhs Capital, Techstars, Version One Ventures | |
Price per Share
$xx.xx
Shares Outstanding
9,829,343
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Floodgate Fund, Founders' Co-Op, Mhs Capital, Techstars, Version One Ventures
|
||||||
11/01/2012 | Series Seed | $1.82MM | $xx.xx | $5.6MM | Founders' Co-Op, Three Point Group | |
Price per Share
$xx.xx
Shares Outstanding
5,843,782
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Founders' Co-Op, Three Point Group
|
Last Funding Round | ||||||||
---|---|---|---|---|---|---|---|---|
Company | Forge Price | Forge Price Change 5 | Last Closed Trade | Share Class | Post-Money Valuation | Price per Share | Amount Raised | |
Cerebras | $40.08 | +9.9% | $xx.xx | Series F-1 | $2.84B | $xx.xx | $85MM | |
CoreWeave | $1,149.84 | +18.78% | $xx.xx | Series C | $19B | $xx.xx | $1.15B | |
Chime | $24.86 | -0.04% | $xx.xx | Series G | $24.93B | $xx.xx | $1.1B | |
Klarna | $370.00 | -1.33% | $xx.xx | Unknown | $6.7B | $xx.xx | -- | |
Turo | $12.96 | -4.07% | $xx.xx | Series E | $1.24B | $xx.xx | $240.52MM | |
Circle | $24.71 | +2.49% | $xx.xx | Series F | $8.05B | $xx.xx | $401MM | |
Netskope | $11.07 | +2.98% | $xx.xx | Series H | $7.5B | $xx.xx | $300MM | |
Liquid Death | $9.47 | -0.11% | $xx.xx | Series F-1 | $1.4B | $xx.xx | $67.61MM | |
Cohesity | $15.66 | -18.31% | $xx.xx | Series H-1 | $4.69B | $xx.xx | $27.5MM | |
MNTN | -- | -- | $xx.xx | Series D | $2.21B | $xx.xx | $119MM |
Updated on: Jan 20, 2025
PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES
‘Stock Price’ or other private company metrics (‘PC Data’) may rely on a very limited number of trade and/or IOI inputs in their calculation. PC Data is prepared and disseminated solely for informational purposes. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of PC Data, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of PC Data. PC Data is derived from the performance and pricing of secondary activity on the Forge platform and other private market trading platforms. PC Data is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Reference to company names does not imply any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.
Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.
Investing in private company securities is not suitable for all investors, is highly speculative, is high risk, and investors should be prepared to withstand a total loss of their investment. Private company securities are highly illiquid and there is no guarantee that a market will develop for such securities. Each investment carries its own risks, and investors should conduct their own due diligence regarding the investment, including obtaining independent professional advice. Past performance is not indicative of future results. This is not a recommendation, offer, solicitation of an offer, or advice to buy or sell securities by Forge, nor an offer of brokerage services in any jurisdiction where Forge is not permitted to offer brokerage services. Brokerage products and services are offered by Forge Securities LLC, a registered broker-dealer and member FINRA/SIPC. Please see other important disclaimers, disclosures and restrictions you acknowledge by using this website and to which you are subject.