About Outright
Outright is a Technology company based in Mountain View (United States) founded in 2008, and was acquired by GoDaddy in July 2012. Online bookkeeping solutions are delivered for small businesses and entrepreneurs. Outright has raised $7.5 million across 2 funding rounds from investors including GoDaddy, Shasta Ventures and Sequoia Capital. The company was acqui-hired. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Record to Report. Its competitors include Botkeeper, Orbia and Balance Financial; 2 of its 3 listed competitors have raised funding.
Company details
Outright was founded in 2008 in Mountain View, United States, as a provider of online bookkeeping services targeted at small businesses, entrepreneurs, self-employed individuals, and Schedule C filers. Data from banks and credit cards is automatically imported to monitor income and expenses, with tax optimization features included. Operations focus on the financial technology sector for simplified accounting needs.
- Headquarters Mountain View, United States
- Stage Acquired
- SectorsTechnology
- Website outright.com
- Social LinkedIn
- Acquired by GoDaddy (Jul 2012)
Funding Insights of Outright
Outright has successfully raised a total of $7.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.5 million completed in November 2009. 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 $7.5M
- Total Rounds 2
- Last Round Series A — $5.5M
- First Round $2M
(Feb 2009)
- Investors Count 4
All 2 funding rounds of Outright 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 |
|---|---|---|---|---|---|
| Nov 2009 | $5.5M | Series A | – | Sequoia Capital | |
| Feb 2009 | $2M | Seed | – | First Round Capital, Shasta Ventures |
5 investors in total: 5 institutional.
Investors in Outright
Outright has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include GoDaddy, Shasta Ventures and Sequoia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in early stage startups | shasta.vc | Portola Valley, United States | ||
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
US focused seed and early-stage VC firm | firstround.com | San Francisco, United States | ||
Venture capital is invested in multiple sectors by Uncork Capital. | uncorkcapital.com | Palo Alto, United States | ||
Web hosting, domain registration, and IT support services are provided. | 1997 | godaddy.com | Tempe, United States |
Investor details for Outright
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Timeline of Outright
4 dated milestones of Outright across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Outright is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Series A, of $5.5M.
- Exit Acquired by GoDaddy.
Competitors of Outright
Outright has 3 listed competitors in our database, 2 of them funded. They include Botkeeper, Orbia and Balance Financial.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| botkeeper.com | 2015 | Boston, United States | $89.5M | 129 | AI-based bookkeeping software is provided for businesses and accounting firms. | |
| orbia.com | 1953 | United States | Orbia is focused on advancing life through innovative solutions globally. | |||
| balancefinancial.com | 2004 | Bellevue, United States | $2.01M | 22 | Personal and business finance management platform |
Detailed competitors of Outright
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Outright
Websites that share an audience with Outright (outright.com).
Websites whose visitors overlap most with Outright. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
bookkeeping.godaddy.com | bookkeeping.godaddy.com | 100% | – | ||
blog.taxjar.com | blog.taxjar.com | 97% | – | ||
 services.amazon.com | services.amazon.com | 95% | – | ||
| freshbooks.com | 37% | 2.7M | #16,539 | View details | |
| waveapps.com | 37% | 6.4M | #6,988 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for Outright
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 14 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as Outright (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Related news about Outright
Complete news archive for Outright
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Frequently Asked Questions about Outright
Outright was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Outright is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Outright is a funded company, having raised a total of $7.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Feb 2009.
Outright was founded in 2008 in Mountain View, United States, as a provider of online bookkeeping services targeted at small businesses, entrepreneurs, self-employed individuals, and Schedule C filers. Data from banks and credit cards is automatically imported to monitor income and expenses, with tax optimization features included. Operations focus on the financial technology sector for simplified accounting needs.
Outright's top competitors include Botkeeper, Orbia and Balance Financial.
Outright has 5 investors. Key investors include GoDaddy, Shasta Ventures, Sequoia Capital, First Round Capital, and Uncork Capital.
Yes. Outright was acquired by GoDaddy in July 2012.