UTEX has launched trading in futures contracts on Outreach stock. The company is developing a sales force productivity platform that allows businesses to attract and retain customers.
More than 4,800 companies across the world depend on the company’s products. Outreach is the only sales engagement and intelligence platform to make the Forbes Cloud 100 three times in a row, and also be the 58th fastest-growing vendor in the category on the Deloitte Technology Fast 500.
Since its inception in 2014, Outreach has raised almost $500 million. The company's stock is currently valued at nearly $5 billion.
Outreach team didn’t specify timing for an initial public offering but said one could be in its future as an important event in the company’s cycle. We expect the value of Outreach to hit about $10-12 billion when it goes public in 2022-2023.
Go to UT Media to read about the advantages of pre-IPO futures and how they work.
