About Outerbounds
Outerbounds is a company based in San Francisco (United States) founded in 2021 by Savin Goyal, Oleg Avdeev, and Ville Tuulos.. Outerbounds has raised $24 million across 1 funding round from investors including Foundation Capital, Amplify Partners and Greenoaks. Outerbounds offers products and services including Cloud Workstations, Metaflow, and GenAI Integration. Outerbounds operates in a competitive market with competitors including Hugging Face, Kaggle, Replicate, Streamlit and PredictionIO, among others.
- Headquarter San Francisco, United States
- Founders Savin Goyal, Oleg Avdeev, Ville Tuulos
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Sectors
Technology
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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 Step Computing, 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
$24 M (USD)
in 1 rounds
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Latest Funding Round
$24 M (USD), Series A
Jan 31, 2023
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Investors
Foundation Capital
& 2 more
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Employee Count
Employee Count
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Products & Services of Outerbounds
Outerbounds offers a comprehensive portfolio of products and services, including Cloud Workstations, Metaflow, and GenAI Integration. 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.
Secure platform for coding and experimenting with AI/ML projects
Open-source system for building and versioning ML workflows
Tools for leveraging LLMs and fine-tuning models securely
Funding Insights of Outerbounds
Outerbounds has successfully raised a total of $24M through 1 strategic funding round. The most recent funding activity was a Series A round of $24 million completed in January 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 Total Funding
- Total Rounds 1
- Last Round Series A — $24.0M
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First Round
First Round
(31 Jan 2023)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2023 | Amount | Series A - Outerbounds | Valuation | Amplify Partners |
| 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 Outerbounds
Outerbounds has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Foundation Capital, Amplify Partners and Greenoaks. 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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Technical founders are supported through early-stage venture capital investments.
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Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
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Tech-enabled businesses are funded by Greenoaks venture capital firm.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Outerbounds
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Outerbounds
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Outerbounds Comparisons
Competitors of Outerbounds
Outerbounds 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 Hugging Face, Kaggle, Replicate, Streamlit and PredictionIO, 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 |
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| domain | founded_year | HQ Location |
A platform for the AI community to collaborate and build.
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IT courses and data science competitions are hosted online.
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| domain | founded_year | HQ Location |
A cloud-based open-source platform for machine learning models is offered.
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| domain | founded_year | HQ Location |
Provider of a Python app framework for machine learning and data science applications
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| domain | founded_year | HQ Location |
Open source machine learning server is utilized for predictive features.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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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 Outerbounds
Frequently Asked Questions about Outerbounds
When was Outerbounds founded?
Outerbounds was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Outerbounds located?
Outerbounds is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Outerbounds?
Ville Tuulos is the current CEO of Outerbounds. They have also founded this company.
Is Outerbounds a funded company?
Outerbounds is a funded company, having raised a total of $24M across 1 funding round to date. The company's 1st funding round was a Series A of $24M, raised on Jan 31, 2023.
What does Outerbounds do?
Outerbounds was founded in 2021 in San Francisco, United States, as an AI-based open-source machine learning platform. Infrastructure is provided for data scientists and ML engineers to develop and deliver ML projects. Compute-intensive jobs are executed in the cloud, data is handled, workflows are orchestrated, and applications are operated through this stack. Operations focus on the technology sector, supporting real-world ML implementations.
Who are the top competitors of Outerbounds?
Outerbounds's top competitors include Hugging Face, Replicate and Kaggle.
What products or services does Outerbounds offer?
Outerbounds offers Cloud Workstations, Metaflow, and GenAI Integration.
Who are Outerbounds's investors?
Outerbounds has 3 investors. Key investors include Foundation Capital, Amplify Partners, and Greenoaks.
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