Outreach
- 🦄Became a unicornApr 2019
- 📈Peak valuation$4.44 Billion ’21
- 💔Became a Unitard~2023
- 💸Last valuation—
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. Glassdoor reviews from the 2023–24 stretch chart the retrenchment from inside: employees counted four layoff rounds in a single year, described sales strategy and leadership churning every few quarters, merit raises frozen, most reps missing quota, and support and engineering work shifting steadily offshore — though reviews warmed noticeably as the restructuring settled into 2025.
Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗. See our methodology.
Mutual-fund markdowns
2 funds · SEC NPORT-PHow U.S. mutual funds fair-value this still-private company in their quarterly SEC filings.
| 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 fund’s own valuation of a specific share class and aren’t a company-wide valuation. Last refreshed Jun 2026.
Source: SEC NPORT-P fund marks (below); peak per primary round
