About Outbound AI
Outbound AI is a Technology company based in Seattle (United States) founded in 2021 by Kshitj Moghe, Jonathan Wiggs, Justin Ith, and Stead Burwell. Conversational AI platform is utilized for healthcare administrative automation. Outbound AI has raised $23 million across 2 funding rounds from investors including Madrona, SpringRock Ventures and EPIC Ventures. The company has 11 employees. Its chief executive, as recorded, is Stead Burwell. Its Indian entity Outbound Ai Technologies Private Limited reported revenue of ₹5.26 Cr. Outbound AI offers products and services including Conversation AI Cloud and AI Agents. Its focus areas include Enterprise Applications, Customer Service Software, Customer Self Service and Conversational AI Platforms. Its competitors include LivePerson, ASAPP and Hyro; 2 of its 3 listed competitors have raised funding.
Company details
Outbound AI was founded in 2021 and is based in Seattle, United States. Operations focus on the healthcare sector, where AI-enabled virtual agents are trained to handle administrative tasks including claims status checks, eligibility and benefits verification, and prior authorizations. Artificial intelligence tools are provided to automate billing and claims processes, thereby supporting productivity among human staff.
- Headquarters Seattle, United States
- Employees 11
- Founders Kshitj Moghe, Jonathan Wiggs, Justin Ith, Stead Burwell
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website outbound.ai
- Social LinkedIn X
- Legal Name Outbound Ai Technologies Private Limited
- Date of Incorporation 20 Jan, 2022
- Jurisdiction Pune, Maharashtra, India
- Indian entity revenue₹5.26 Cr
FY 2024 · +53% YoY
- Indian entity net profit₹52 Lakh
FY 2024 · 10% margin
- Indian entity EBITDA₹78.4 Lakh
FY 2024 · 15% margin
- Total Equity Funding$23M (USD)
in 2 rounds
- Latest Funding Round$16M (USD), Seed
Jun 2023
- InvestorsMadrona
& 8 more
- Employee Count11
Associated legal entities of Outbound AI
Outbound AI operates through Outbound Ai Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Outbound Ai Technologies Private Limited CIN U72900PN2022FTC207825 | Active | 20 Jan 2022 | Pune, Maharashtra | ₹5.3 Cr | 11 | 2 | View details |
Products & Services of Outbound AI
Outbound AI offers a comprehensive portfolio of products and services, including Conversation AI Cloud and AI Agents.
Platform for automating healthcare administrative tasks
Tools to streamline phone-based billing and claims processes
Funding Insights of Outbound AI
Outbound AI has successfully raised a total of $23M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $16 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $23M
- Total Rounds 2
- Last Round Seed — $16M
- First Round $7M
(Sep 2022)
- Investors Count 9
All 2 funding rounds of Outbound AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $16M | Seed | – | Madrona Venture Group, SpringRock Ventures | |
| Sep 2022 | $7M | Seed | – | Pack Ventures, Madrona Venture Group | – |
9 investors in total: 9 institutional.
Investors in Outbound AI
Outbound AI has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Madrona, SpringRock Ventures and EPIC Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond. | madrona.com | |||
Tech & Life-Sciences focused Stage-agnostic VC firm investing in geographies such as North America | springrockventures.com | Seattle, United States | ||
Early-stage technology companies are funded by this venture capital firm. | epicvc.com | Salt Lake City, United States | ||
Ascend is recognized as a pre-seed venture capital fund based in the Pacific Northwest. | ascend.vc | Seattle, United States | ||
Pack Ventures is involved in unspecified business activities. | packvc.com | |||
A venture fund based in Tacoma, investing in startups. | tacomaventurefund.com | Tacoma, United States | ||
| kcrisefund.com | ||||
| lockecap.com | ||||
Provides process outsourcing, debt collections, and e-commerce support services. | epicventures.in | India |
Investor details for Outbound AI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Outbound Ai Technologies Private Limited (Outbound AI)
Outbound Ai Technologies Private Limited is the primary company behind Outbound AI. The board of Outbound Ai Technologies Private Limited currently have 2 directors; the longest-serving is Manas Ramesh Varpe, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manas Ramesh Varpe DIN 08591962 | Director | 20 Jan 2022 | 4 yrs 9 mo | Outbound Ai Technologies Private Limited |
| Jonathan Lawrence Wiggs DIN 09474341 | Director | 20 Jan 2022 | 4 yrs 9 mo | Outbound Ai Technologies Private Limited |
People of Outbound AI
22 people are tracked at Outbound AI (13 in leadership, 9 in team); the tracked headcount is 11.
| Name | Role | Group |
|---|---|---|
Kshitj Moghe | Co-Founder | Leadership |
| Co-Founder | Leadership | |
Justin Ith | Co-Founder | Leadership |
Stead Burwell | Co-Founder & CEO | Leadership |
Fabian Conde, MBA | Director of Business Development | Leadership |
Ryan Greenhaw | Chief Revenue Officer | Leadership |
| Director Of Engineering | Leadership | |
Mitchell Rawlins | Director Of Engineering | Leadership |
Ronen Reouveni | Director Of Machine Learning And Artificial Intelligence | Leadership |
Joshua Lane | Director of Business Development | Leadership |
Kelli P. | Vice President, Customer Experience | Leadership |
Alyse Luedke | Director of Product Management | Leadership |
Kshitij Moghe | Co-founder & VP, Product | Leadership |
Mohammed Soliman | Machine Learning Engineer | Team |
Claude Andrew | Principal Software Engineer, Architect | Team |
Jonathan Saenz | Principal Site Reliability Engineer | Team |
Robert Piro | Sr Data Scientist and ML Engineer | Team |
Rushikesh Kalyani | Site Reliability Engineer | Team |
Yoginee Naik | Senior Technical Lead | Team |
Ramanand Chitravelu | Senior Software Engineer | Team |
2 more people are available in the full profile.
Complete people profiles for Outbound AI
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Outbound AI
Figures of Outbound Ai Technologies Private Limited, the primary company behind Outbound AI, for FY 2024. Revenue was ₹5.26 Cr (+53% year on year). Net profit was ₹52 Lakh (10% margin). EBITDA was ₹78.4 Lakh (15% margin).
- ₹5.26 CrRevenue · FY 2024 · +53% YoY
- ₹52 LakhNet profit · 10% margin
- ₹78.4 LakhEBITDA · 15% margin
- ₹1 LakhPaid-up capital
- 11Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Outbound Ai Technologies Private Limited are on its company page.
Detailed financial statements for Outbound AI
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of Outbound AI
3 dated milestones of Outbound AI across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Outbound AI is founded.
- Funding First funding round of $7.0M.
- Funding Latest funding round, Seed, of $16.0M.
Competitors of Outbound AI
Outbound AI has 3 listed competitors in our database, 2 of them funded. They include LivePerson, ASAPP and Hyro.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| liveperson.com | 1995 | New York, United States | 809 | Conversational AI platform is provided for digital customer experiences. | ||
| asapp.com | 2014 | New York, United States | $400M | 183 | AI-based customer experience solutions for service agents are provided. | |
| hyro.ai | 2014 | New York, United States | $114.6M | An AI-based conversational platform is provided for healthcare task automation. |
Detailed competitors of Outbound AI
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Outbound AI
The website of Outbound AI (outbound.ai) receives about 4.6K visits a month.
- Monthly visits4.6K
▲ 19.4% vs previous month
Websites whose visitors overlap most with Outbound AI. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| wiley.law | 100% | 74.7K | #511,808 | View details |
Top companies in Chatbots
3 companies that operate in the same segment as Outbound AI (Chatbots) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based omnichannel communication and customer engagement platform is utilized. | 2008 | San Francisco, California, United States | USD 239.77 M | USD 5.07 B | 5,540 | |
Cloud-based business process management suite solutions are delivered. | 2010 | San Mateo, California, United States | USD 400.05 M | USD 838.81 M | 4,500 | |
AI-based conversational solutions are provided for user interactions and learning. | 2021 | Menlo Park, California, United States | USD 193 M | 325 |
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Related news about Outbound Ai
Complete news archive for Outbound AI
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Frequently Asked Questions about Outbound AI
Outbound AI was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Outbound AI is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Stead Burwell is the CEO of Outbound AI, as recorded in our data. They have also founded this company.
Outbound AI is a funded company, having raised a total of $23M across 2 funding rounds to date. The company's 1st funding round was a Seed of $7M, raised on Sep 2022.
Outbound AI has 11 employees.
The primary company behind Outbound AI, Outbound Ai Technologies Private Limited, reported revenue of ₹5.26 Cr for FY 2024, up 53% year on year.
Outbound AI was founded in 2021 and is based in Seattle, United States. Operations focus on the healthcare sector, where AI-enabled virtual agents are trained to handle administrative tasks including claims status checks, eligibility and benefits verification, and prior authorizations. Artificial intelligence tools are provided to automate billing and claims processes, thereby supporting productivity among human staff.
Outbound AI's top competitors include LivePerson, ASAPP and Hyro.
Outbound AI offers Conversation AI Cloud and AI Agents.
Outbound AI has 9 investors. Key investors include Madrona, SpringRock Ventures, EPIC Ventures, Ascend, and Pack Ventures.
Outbound AI operates through Outbound Ai Technologies Private Limited.
The legal entities of Outbound AI currently have 2 directors, including Manas Ramesh Varpe, Jonathan Lawrence Wiggs.