Skip to main content [aditude-amp id="stickyleaderboard" targeting='{"env":"staging","page_type":"article","post_id":1985921,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,entrepreneur,","session":"C"}']

Trinity and Microsoft Ventures lead $17.5 million investment for sales startup Outreach

Image Credit: Shutterstock

Sales startup Outreach announced today that it scored $17.5 million for its latest funding round. Trinity Ventures led the investment, followed by Microsoft Ventures.

“Outreach is the first data-driven platform for business sales communication, helping sales teams to achieve a 3 [times] increase in lead to opportunity conversions,” the startup explained.

[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1985921,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,entrepreneur,","session":"C"}']

Trinity’s Karan Mehandru joined Outreach’s board as part of the deal.

Outreach has raised at least $30 million in funds, including a $9.2 million investment led by Mayfield Fund in October 2015.

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More