About Outer
Outer is a company based in Santa Monica (United States) founded in 2018.. Outer has raised $64.8 million across 3 funding rounds from investors including Tribe Capital, Unlock Venture Partners and Wavemaker Global. Outer offers products and services including Sofas & Sectionals, Dining Sets, Chaise Lounges, Fire Pits, and Umbrellas. Outer operates in a competitive market with competitors including La-Z-Boy, Arhaus, Lalo, Tommy Bahama and Lovesac, among others.
- Headquarter Santa Monica, United States
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Outer, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$64.8 M (USD)
in 3 rounds
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Latest Funding Round
$50 M (USD), Series B
Sep 16, 2021
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Investors
Tribe Capital
& 33 more
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Employee Count
Employee Count
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Products & Services of Outer
Outer offers a comprehensive portfolio of products and services, including Sofas & Sectionals, Dining Sets, Chaise Lounges, Fire Pits, and Umbrellas. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Durable furniture for comfortable outdoor relaxation and gatherings.
Functional tables and chairs designed for al fresco meals.
Comfortable lounges for sunbathing and leisure in outdoor spaces.
Heating solutions to enhance ambiance in gardens and patios.
Shade providers for protection against sun and weather elements.
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Funding Insights of Outer
Outer has successfully raised a total of $64.8M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in September 2021. 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 Total Funding
- Total Rounds 3
- Last Round Series B — $50.0M
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First Round
First Round
(16 Jun 2020)
- Investors Count 34
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Series B - Outer | Valuation | Kathy Xu | |
| Jan, 2021 | Amount | Series A - Outer | Valuation | Sequoia Capital | |
| Jun, 2020 | Amount | Seed - Outer | Valuation | Mucker |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Outer
Outer has secured backing from 34 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Tribe Capital, Unlock Venture Partners and Wavemaker Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in global seed and early-stage startups.
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Founded Year | Domain | Location | |
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Venture capital funding is provided to early-stage companies.
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Founded Year | Domain | Location | |
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Private equity and hedge fund focused on multiple strategies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Outer
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Outer
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Outer Comparisons
Competitors of Outer
Outer operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as La-Z-Boy, Arhaus, Lalo, Tommy Bahama and Lovesac, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Home furniture is manufactured and retailed by La-Z-Boy.
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| domain | founded_year | HQ Location |
Home improvement products including furniture and decor are manufactured.
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| domain | founded_year | HQ Location |
Baby and toddler products are designed and sold by Lalo.
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| domain | founded_year | HQ Location |
Men's and women's apparel, beachwear, and home goods are retailed.
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| domain | founded_year | HQ Location |
Modular home furniture is manufactured and distributed by Lovesac.
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| domain | founded_year | HQ Location |
Internet-first brand of home textiles
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Outer
Frequently Asked Questions about Outer
When was Outer founded?
Outer was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Outer located?
Outer is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Is Outer a funded company?
Outer is a funded company, having raised a total of $64.8M across 3 funding rounds to date. The company's 1st funding round was a Seed of $4.3M, raised on Jun 16, 2020.
What does Outer do?
Outer was founded in 2018 and is headquartered in Santa Monica, United States. The company operates in the furniture manufacturing sector, with a focus on producing sofas for both outdoor and indoor use. Collections are crafted from recyclable materials and are handwoven. Operations emphasize sustainable design practices within the home furnishings industry.
Who are the top competitors of Outer?
Outer's top competitors include Arhaus, La-Z-Boy and Brooklinen.
What products or services does Outer offer?
Outer offers Sofas & Sectionals, Dining Sets, Chaise Lounges, Fire Pits, and Umbrellas.
Who are Outer's investors?
Outer has 34 investors. Key investors include Tribe Capital, Unlock Venture Partners, Wavemaker Global, Kathy Xu, and Upfront Ventures.