About OutTask
OutTask is a company based in Redmond (United States) founded in 1999 was acquired by Concur in January 2006.. OutTask operates in a competitive market with competitors including TravelPerk, Deem, Egencia, Comtravo and Lanes & Planes, among others.
- Headquarter Redmond, United States
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Funding Insights of OutTask
| 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 OutTask
OutTask has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Concur. 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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Corporate travel expenses and invoices are managed via SaaS platform.
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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 OutTask
| 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 - OutTask
| 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 |
Outtask Comparisons
Competitors of OutTask
OutTask 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 TravelPerk, Deem, Egencia, Comtravo and Lanes & Planes, 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 |
SaaS-driven corporate travel management & booking engine platform
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| domain | founded_year | HQ Location |
Provider of corporate travel management solutions
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| domain | founded_year | HQ Location |
Corporate travel solutions are offered to business travelers worldwide.
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| domain | founded_year | HQ Location |
Corporate travel bookings are managed via a text-based online platform.
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| domain | founded_year | HQ Location |
SaaS travel management is offered for business travelers' bookings.
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| domain | founded_year | HQ Location |
Cloud-based expense management and booking tools SMBs
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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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| 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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Frequently Asked Questions about OutTask
When was OutTask founded?
OutTask was founded in 1999.
Where is OutTask located?
OutTask is headquartered in Redmond, United States. It is registered at Redmond, Washington, United States.
What does OutTask do?
OutTask was established in 1999 and is headquartered in Redmond, United States. Corporate travel and expense management solutions are delivered through its platform, focusing on automation and compliance for businesses. Operations encompass booking, tracking, and reporting tools tailored to enterprise needs. The sector involves software services for financial oversight in travel-related expenditures, with coverage primarily in North America.
Who are the top competitors of OutTask?
OutTask's top competitors include TravelPerk, Egencia and Lanes & Planes.
Who are OutTask's investors?
OutTask has 1 investor. Key investors include Concur.
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