SEATTLE, Nov. 7, 2019 /PRNewswire/ -- Outreach, the number one sales engagement platform, today announced it ranked fourth on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences, and energy tech companies in North America. Outreach ranked first of all companies in the Pacific Northwest.
While this marks Outreach's first time on the list, the company has experienced consistent revenue growth - doubling its revenue every year since 2014. The company also earned a $1.1B valuation when closing its latest $114 million funding round in April 2019. Customers also continue to flock to the platform - Outreach now supports more than 3,500 customers, from startups to large enterprises.
"It's humbling to see how far Outreach has come in such a short time - in just five years we went from an idea to a billion-dollar company supporting more than 40 companies that are also worth more than a billion dollars," said Outreach CEO Manny Medina. "We couldn't have made this list without the support of our customers and the tireless work of our employees. We will continue to push the evolution of sales engagement through technology such as artificial intelligence so customer-facing reps can focus on creating a stellar customer experience."
"As technology trends towards 'everything as a service, it's no surprise that software companies dominate the winners' list again this year," said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media, and telecommunications within Deloitte's audit and assurance practice. "What's exciting about celebrating 25 years of the Tech Fast 500 is we now have a quarter-century of innovation stories to draw and reflect upon. These are the companies that push boundaries, help organizations become more efficient and productive, and ultimately enable businesses to drive growth and revenue. We congratulate all the well-deserving winners."
This accolade adds to a growing list of awards for Outreach in 2019. The company was also named to the Forbes Cloud 100 - the only sales engagement platform recognized as one of the world's best private cloud companies. Outreach was also awarded LinkedIn's Top Startups, Inc.'s Best Places to Work, Puget Sound Business Journal's Best Places to Work in Washington, and as the number one large employer in Seattle Business Magazine's Best Companies to Work.
Outreach is the #1 sales engagement platform that helps companies dramatically increase productivity and drive smarter, more insightful engagement with their customers. Over 3,500 companies such as Adobe, Tableau, Okta, Splunk, DocuSign and SAP depend on Outreach's enterprise-scale, unparalleled customer adoption and robust AI-powered innovation. Outreach is a privately held company based in Seattle, Washington. To learn more, please visit www.outreach.io.
About Deloitte's 2019 Technology Fast 500™
Now in its 25th year, Deloitte's Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2015 to 2018.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
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