Outreach Raises $17.5M in Series B

What does Outreach do?
Outreach, is an enterprise communication platform for sales. The company’s aim is empowering sales companies with scalable and repeatable communication processes for helping them close business faster and more efficiently than ever before. It is a sales acceleration platform.

How much Outreach was funded?

$17.5M in Series B on June 22, 2016 from FLOODGATE, Mayfield Fund, MHS Capital, Trinity Ventures and Microsoft Ventures.

Previous funding
$1M on February 13, 2013 from Founders’ Co-op and Menlo Ventures.
$2.3M on May 4, 2015 from Mark  Sugarman, Version One Ventures, Mike Maples, Ellen Levy, Sarah  Imbach, Rick Marini and Stage One Capital
$9.2M in Series A on October 27, 2015 from Mayfield Fund, FLOODGATE and MHS Capital

What is next for Outreach?
The company plans on using the latest funding for helping sales professionals crush their sales goals and outperform their competition. Karan Mehandru has joined the company’s board of directors. The company will use the funding for building up its enterprise sales and marketing teams and for continuing its investment in the product as the company is scaling rapidly for meeting increasing demand for its enterprise grade platform which is the first of its kind.

More about Outreach
Outreach was founded in 2013 by GordonHempton, Andrew Kinzer, Wes Hather and Manuel Medina. It has its headquarters in Seattle, Washington. The company is the 1st data driven platform for business sales communication, helping sales teams in achieving a 3 times increase which leads to conversions of opportunities. The company has developed a platform which actually helps salespeople in closing deals and is not just adding another report layer for management. It is an operating system for sales which prompts sales professionals to be the best version by automating their total workflow across channels.