Private; written down by mutual-fund holders in SEC filings (marks below).
The rise & fall
7 moments Β· 2014β2023
The key moments, with employee sentiment along the way.
2014
π±
2014
Founded in Seattle
Manny Medina, Gordon Hempton, Wes Hather and Andrew Kinzer pivot their 2011 recruiting startup into a B2B sales-engagement platform.
Wikipedia
Apr 2019
π¦
Apr 2019
Joins the unicorn club
A Series E carries the sales-engagement platform past the $1B mark.
TechCrunch
Jun 2021
π
Jun 2021
The peak: ~$4.44B Series G$4.44B
A $200M round tops up the valuation at the height of the SaaS boom.
TechCrunch
2023
2023
The funds mark it down
Mutual-fund holders cut their marks on Outreach in SEC filings as growth-stage SaaS resets.
SEC filing
2023β24
π¬
From the inside Β· Glassdoor reviews, 2023β24
Glassdoor reviews from the 2023β24 retrenchment counted four layoff rounds in a single year, with most reps missing quota and leadership churning every few quarters β though reviewers noted the mood warming as restructuring settled into 2025.
2023
π
2023
Slips out of the club
Fund marks in SEC filings put the still-private company below $1B.
SEC filing
Today
βοΈ
Today
Still private β the funds keep marking
SMALLCAP World Fund Inc marks it at $2.54/share Β· -87% from its peak mark Β· as of Mar 2026
SEC NPORT-P
π¬ entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor β; dated facts carry their source.
How it happened
Outreach, founded in 2011 by Manny Medina, Gordon Hempton, Wes Hather, and Andrew Kinzer, is the developer of a B2B sales engagement platform designed to manage all prospect and customer interactions across email, voice and social. Last valued near $4.44B (Series G, 2021); it has since fallen out of the $1B unicorn club and remains private.
Mutual-fund markdowns
2 funds Β· SEC NPORT-P
How U.S. mutual funds fair-value this still-private company in their quarterly SEC filings.
Per-share mark from peak
-87%
SMALLCAP World Fund Inc Β· Series G Pref
$18.87 β $2.54
as of Mar 2026
Fund
Class
$/sh
From peak
As of
SMALLCAP World Fund Inc
Series G Pref
$2.54
-87%
Mar 2026
StepStone Private Venture and Growth Fund
$4.00
-50%
Mar 2026
Source: SEC EDGAR Form NPORT-P (Level-3 fair-value marks). Per-share marks reflect the fundβs own valuation of a specific share class and arenβt a company-wide valuation. Last refreshed Jun 2026.
Source: SEC NPORT-P fund marks (below); peak per primary round
