Software Startup Outreach Valued at $4.2 Billion in New Funding

Seattle-based business has Adobe, Cisco, DoorDash as customers
$200 million investment includes Sequoia Capital, Tiger Global

Manny Medina, co-founder and chief executive officer of OutreachPhotographer: David Ryder/Bloomberg

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By Katie Roof

June 2, 2021 at 4:00 PM UTC

This article is for subscribers only.

Seattle-based Outreach, a startup that specializes in sales intelligence, said it’s valued at $4.2 billion after its latest round of financing, more than triple what it was worth last year.

The new $200 million investment was led by new investors Premji Invest and Steadfast Capital Ventures, with participation from Sequoia Capital, Tiger Global Management and private equity firm Vista Equity Partners. Premji Invest is a fund managed by the family office of Indian tech billionaire Azim Premji.