Unicorn Status at Risk - Outreach.io
Weekly Edition & Stock Spotlight
December 15, 2023
ApeVue50 Index & Sectors YTD Performance
Most Active Names Performance
* Price (USD) estimated based on secondary market activity observed by ApeVue. Valuation is estimated based on said price and share count from state filings and/or news in the public domain. Note that share count in calculations may change as new filing documents are obtained.
ApeVue50 Privates versus Public Benchmarks/ETFs
<row>
<col>
</col>
<col>
Public v. Private (12mo)
The ApeVue50 tracks the performance of the 50 most active private names observed in the secondary market. It is an equal-weighted index, rebalanced on a monthly basis.
This rebalancing of constituents over time gives way for more active names to participate in what we observe as "market performance," and in a more appropriate manner than static selections and weightings criteria.
</col>
</row>
Marketing SaaS
<row>
<col>
Outreach, a sales engagement platform, helps over 5,500 customers accelerate revenue growth by optimizing customer interactions across various channels. The company's clients have experienced an average increase of 9% in revenue and a 13% improvement in their win rates.
Outreach have announced they cut 12% of staff in September following multiple cut-offs throughout the year as tear cost-reduction measures.
</col>
<col>
</col>
</row>
<row>
<col>
</col>
<col>
</col>
</row>
Outreach's Financial Data
<row>
<card>
Outreach YTD
</card>
<card>
Outreach 90D
</card>
<card>
Outreach 30D
</card>
</row>
<row>
<card>
Series G Valuation
<span class="date">2021-05-27</span>
<span class="value">$4.4B</span>
</card>
<card>
Implied Valuation
<span class="date">2024-01-19</span>
<span class="value">$912.2M</span>
</card>
<card>
Change Since Last Round
<span class="date">2021-05-27→ 2024-01-19</span>
<span class="value red">-79.3%</span>
</card>
</row>
ApeVue’s ‘Data Room’
Companies with highest and lowest 30D change in AV price
<row>
<col>
</col>
<col>
ApeVue highlights five companies with highest increase and highest decrease in AV price from 2023-11-12 until 2023-12-11.
Among those companies, Anthropic’s price increased 76% from $38.49 to $67.83 and Flexport’s price decreased from $6.20 to $4.78.
</col>
</row>
90D Bid:Ask Volume Ratio
<row>
<col>
</col>
<col>
ApeVue highlights bid:ask volume ratios for the past 90 days from 2023-09-13 until 2023-12-11. Among selected companies, all but Circle have demonstrated more than 50% offer volume. Notably, 100% of Flexport and Outreach’s total volume was for offers. Conversely, 71% of Circle’s total volume was for bids.
</col>
</row>
Average YTD Volatility of AV’s Composite Price
<row>
<col>
</col>
<col>
Among selected companies, Circle has the highest average volatility since the start of 2023 at 93%. Redwood materials and Acronis has the lowest volatility at 18%.
</col>
</row>
Ready to see it in action?
Schedule a demo with one of our experts