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Outreach Stock (OUTR)

Outreach is a sales engagement platform that uses AI for predictive analytics as it relates to sales.

Outreach develops a sales engagement platform.

About Outreach Stock

Founded

2011

Headquarters

Seattle, WA, US

Total Funding

491M

Industries

Software, Artificial Intelligence, Data and Analytics

Outreach develops a "Sales Execution Platform" that aims to help clients improve interactions throughout the customer lifecycle. The platform claims to manage all customer interactions across email, voice, and social, and leverage machine learning to guide reps to take the right actions. Thousands of customers, including Cloudera, Glassdoor, Pandora, and Zillow use Outreach's software.

Outreach was founded in 2011 and is headquartered in Seattle, Washington. Notable investors include Spark Capital, Lone Pine Capital, and DFJ Growth.

Investors in Outreach

Discover investors in Outreach stock and explore their portfolio companies

Outreach Management

Leadership team at Outreach

Chief Executive Officer

Manuel Medina

Chief Financial Officer

Melissa Fisher

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Outreach Key Facts

• The platform’s subscription-based pricing model and high customer retention rates contribute to stable revenue growth over time. As Outreach expands its customer base and increases adoption of its platform, it benefits from economies of scale and operational efficiencies that drive profitability.
• Outreach has established strategic partnerships with leading CRM (Customer Relationship Management) providers, including Salesforce, Microsoft Dynamics, and others. These partnerships facilitate seamless integration with existing sales workflows and enhance the platform’s value proposition for customers.
• Outreach has expanded its customer base beyond its initial target market of technology companies to include diverse sectors such as financial services, healthcare, and professional services. This market diversification demonstrates Outreach’s ability to adapt its platform to meet industry-specific sales challenges and capitalize on broader market opportunities.

• Outreach’s revenue is heavily reliant on customer adoption and renewals of its subscription-based platform. A slowdown in customer acquisition, higher churn rates, or difficulty in expanding existing customer contracts could impact revenue growth and profitability.
• Outreach faces competition from established companies like Salesforce, HubSpot, and Microsoft Dynamics, as well as emerging startups specializing in niche aspects of sales automation and analytics.
• As the sales technology market matures, there is a risk of market saturation, where potential customers have already adopted competing solutions or are reluctant to switch providers. Pricing pressure is also a concern, as customers may negotiate for lower subscription fees or seek discounts, particularly in competitive bidding situations.

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