Outlit

San Francisco, United States Founded: 2024 • Age: 2 yrs
AI-powered platform is used to streamline sales contract processes.

About Outlit

Outlit is a company based in San Francisco (United States) founded in 2024 by Josh Earle, Gilbert Lam, and Leo Paz. It operates as a SaaS (Software-as-a-Service). Outlit has raised $500 thousand across 1 funding round from investors including Y Combinator. Outlit offers products and services including Proposal Generation, Deal Workspace, Buyer Intelligence, and Deal Memory. Outlit operates in a competitive market with competitors including DocuSign, PandaDoc, Conga, Sigma Systems and Apttus, among others.

  • Headquarter San Francisco, United States
  • Founders Josh Earle, Gilbert Lam, Leo Paz
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Outlit Inc.
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $500 K (USD)

    in 1 rounds

  • Latest Funding Round
    $500 K (USD), Seed

    Jun 01, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Outlit

Outlit offers a comprehensive portfolio of products and services, including Proposal Generation, Deal Workspace, Buyer Intelligence, and Deal Memory. 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.

Primary

Personalized sales proposals are generated with one click.

Deal data is centralized for team collaboration efficiency.

Buyer data is enriched to identify key insights.

Deal history is preserved for future strategic learning.

Funding Insights of Outlit

Outlit has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in June 2024. 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 Rounds 1
  • Last Round Seed — $500,000
  • First Round

    (01 Jun 2024)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2024 Amount Seed - Outlit Valuation Y Combinator
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Outlit

Outlit has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Outlit

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Outlit

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Outlit Comparisons

Employees
+
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Competitors of Outlit

Outlit 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 DocuSign, PandaDoc, Conga, Sigma Systems and Apttus, 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
Cloud and AI-based electronic signatures and contract management are provided.
domain founded_year HQ Location
Document workflows are automated and managed for sales teams.
domain founded_year HQ Location
Contract lifecycle management is facilitated via a cloud-based platform.
domain founded_year HQ Location
Product, order management, and network provisioning solutions are provided.
domain founded_year HQ Location
Quote-to-cash solutions for businesses
domain founded_year HQ Location
Cloud-based enterprise content and contract management solutions are delivered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Outlit

Frequently Asked Questions about Outlit

When was Outlit founded?

Outlit was founded in 2024.

Where is Outlit located?

Outlit is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Who is the current CEO of Outlit?

Josh Earle is the current CEO of Outlit. They have also founded this company.

Is Outlit a funded company?

Outlit is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Jun 01, 2024.

What does Outlit do?

Outlit is engaged in providing an AI-powered workspace for sales teams. It operates in the technology sector, specifically targeting sales automation. Solutions are offered to streamline proposal generation, centralize deal data, enrich buyer intelligence, and preserve deal memory. Tools are integrated to ensure data accuracy and team collaboration, with systems designed to pull information directly from existing CRM and sales tools. The platform is built to simplify sales motions by leveraging artificial intelligence for efficiency.

Who are the top competitors of Outlit?

Outlit's top competitors include DocuSign, Conga and PandaDoc.

What products or services does Outlit offer?

Outlit offers Proposal Generation, Deal Workspace, Buyer Intelligence, and Deal Memory.

Who are Outlit's investors?

Outlit has 1 investor. Key investors include Y Combinator.

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