O
Outbound AI
Applying Conversational AI to Healthcare Operations
About Outbound AI
Outbound AI is a health tech startup that specializes in creating artificial intelligence (AI) solutions for the healthcare industry. Their primary product is an AI-powered Virtual Agent designed to assist healthcare professionals by automating administrative tasks, particularly those related to medical billing. These Virtual Agents serve as workforce multipliers, enhancing productivity and improving the work experience for human staff.
Outbound AI's solutions are specifically designed for healthcare, aiming to augment billing staff, streamline claims processes, and accelerate payment times. They offer customized AI and conversational AI solutions that can be integrated with existing systems, eliminating duplicate work across departments. Their platform also provides access to conversational analytics and can be operationalized in any cloud environment.
The company's business model revolves around providing these AI solutions to healthcare providers, helping them to reduce administrative burdens and increase efficiency. By offloading phone-based work to AI-powered Virtual Agents, medical billing teams can focus their time and talent on areas where they can have the greatest impact. This not only improves operational efficiency but also enhances collections for their clients.
Outbound AI operates in the rapidly growing health tech market, and it recently raised $16 million in a seed funding round to accelerate the growth of its AI agents. This indicates a strong market interest in their offerings and potential for future growth.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- Seattle, United States
- Employees
- 37
- Open positions
- None listed
- Dealroom signal
- 60.8/100
- Industry
- Health, Enterprise Software
- Sub-industry
- Health Platform
- Sector
- Health Tech & Medtech, Core AI, Hard Tech, AI Applications, AI Agents
- Technology
- Artificial Intelligence
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEED✓Equity / VC | Jun 2023 | $16M | $64M | Madrona Venture Group · KCRise Fund · Locke Capital · EPIC Ventures | ↗ |
| SEEDEquity / VC | Oct 2021 | $0 | — | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Outbound AI is 4.5K monthly website visits, up 15.4% over the last three months. Outbound AI's team declined 19.6% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed8 investors entered at this stage
Madrona Venture Group
KCRise Fund
Locke Capital
EPIC Ventures
SpringRock Ventures
Ascend VC
Tacoma Venture Fund
Pack Ventures
Other known investors2 additional known investors
Alumni Ventures
Madrona Venture Labs
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Outbound AI on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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