Outbound AI, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Outbound AI, Inc. - overview

Established

2021

Location

Seattle, WA, US

Primary Industry

Software

About

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.


raised USD 16 million in seed funding co-led by Madrona Venture Group, SpringRock Ventures, Epic Ventures, Ascend, and Pack Ventures. 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.


Current Investors

EPIC Ventures, Madrona Venture Group, Alumni Ventures Group

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Application Integration Software, Medical Software

Website

www.outbound.ai

Verticals

Artificial Intelligence, Cloud Computing, HealthTech

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.