What is OutboundEngine?
Founded in 2012 and headquartered in Austin, Texas, OutboundEngine offers a comprehensive email and social media marketing service designed for businesses. The platform automates marketing campaigns, enabling clients to engage their customer base more effectively. The company's focus on providing a streamlined marketing solution positions it as a key player in the competitive MarTech landscape, catering to businesses seeking to enhance their digital outreach and customer retention strategies.
How much funding has OutboundEngine raised?
OutboundEngine has raised a total of $27.3M across 4 funding rounds:
Series B
$11M
Series E
$6.3M
Debt
$8M
Debt
$2M
Series B (2014): $11M with participation from Silverton Partners, Capital Factory companies, Altos Ventures, Noro-Moseley Partners, and Harmony Group Capital
Series E (2019): $6.3M led by Silverton Partners, Noro Mosely, Alerion Partners, S3 Ventures, and Harmony Group Capital
Debt (2019): $8M supported by Horizon Technology Finance Corp.
Debt (2020): $2M featuring PPP
Key Investors in OutboundEngine
Silverton Partners
Silverton Partners is a leading early-stage venture capital firm based in Austin, Texas, specializing in investing in companies that leverage technology to create significant barriers to entry. With over 75 portfolio companies, 30+ acquisitions, and 4 IPOs, they are recognized as the most active venture capital firm in Texas.
Alerion Partners
Alerion Partners is an investment firm that focuses on companies with high growth potential in consumer products, marketing and business services, and targeted media. Their investment team comprises experienced venture capitalists, private equity investors, entrepreneurs, and operators, providing a unique advantage in accelerating business development.
S3 Ventures
S3 Ventures is the largest venture capital firm focused on Texas, based in Austin, and partners with startups across major Texas cities including Dallas-Fort Worth, Houston, and San Antonio. Founded in 2005, the firm is backed by a single limited partner, allowing for patient and flexible investments without the constraints of traditional VC firms.
What's next for OutboundEngine?
The recent major strategic investment suggests OutboundEngine is poised for significant expansion and further product development. This capital infusion is likely to fuel initiatives aimed at enhancing its service offerings, expanding market reach, and potentially exploring new technological integrations. The company's consistent access to capital, including debt financing and equity rounds, points towards a robust business model and strong investor confidence in its future prospects and ability to capture a larger market share.
See full OutboundEngine company page
