Latest round

Seed

Last raised

May 2023

Total raised

$23M

Investors

10

About Outbound AI

Based in Washington, US, and founded in 2021, Outbound AI, Inc. operates as a healthcare technology company that develops virtual agents and software solutions for healthcare applications. The company is spun out of Madrona Venture Labs (MVL) and founded by its CEO, Stead Burwell, CTO  Jonathan Wiggs, Kshitij Moghe, and Justin Ith. In June 2023, Outbound AI, Inc. Outbound provides a Conversation AI platform that develops virtual agents to automate phone-based administrative work across the healthcare sector, which includes tasks such as claims status, eligibility, benefits verification, and prior authorization. The services offered by the company include Claims Work Console, a SaaS platform that automates phone-based billing work for physician practices and medical billing companies; Conversation AI Cloud to streamline phone-based administrative work for healthcare enterprises; and solution partners.

Who invested in Outbound AI

10 investors across 2 rounds

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Funding rounds

  1. Seed

    May 2, 2023

    Amount

    $16M

    Investors

    Locked

  2. Seed

    Jun 1, 2021

    Amount

    $7M

    Investors

    Locked

Questions about Outbound AI

Who invested in Outbound AI?

Outbound AI has 10 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Outbound AI raised?

Outbound AI has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Outbound AI last raise money?

Outbound AI's most recent round on record is a Seed, in May 2023.

What does Outbound AI do?

Based in Washington, US, and founded in 2021, Outbound AI, Inc.

Where is Outbound AI headquartered?

Outbound AI is headquartered in Seattle, US.

Which VCs invest in companies like Outbound AI?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Outbound AI's stage. Their profiles are linked below.

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