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Outlier

360 22nd St Ste 600, Oakland, California, 94612, United States

Overview

Outlier offers an automated business analysis (ABA) platform that discovers unexpected changes, patterns and potential root causes in large datasets and delivers proactive, actionable insights. The system requires no configuration or setup and guides teams daily toward the most relevant and critical changes across an organization. Outlier's platform is designed to help users act quickly to make adjustments based on discovered issues. The company serves several global consumer, financial services and life sciences organizations. Led by CEO and co-founder Sean Byrnes, Outlier operates from its Oakland, CA headquarters with additional offices in Virginia Beach, VA and Europe. The company plans to use new funding to accelerate growth and make strategic hires across its offices. Outlier provides an Automated Business Analysis (ABA) platform offering dashboard visualization, data aggregation, storage, reporting and proactive, actionable insights. Its AI discovers unexpected changes and patterns in large volumes of data, guiding teams daily toward the most relevant and critical changes and providing correlation and root-cause analysis. The platform’s daily Stories surface the top 4–5 questions customers should be asking and supply contextual information on behavioral changes, related data, potential impacts and possible causality factors. Organizations can integrate Outlier with existing data sources within minutes to quickly gather insights, identify opportunities and address unexpected data behaviors. Capital One Growth Ventures invested strategically to support Outlier’s expansion into the financial services sector. The company is led by CEO and co-founder Sean Byrnes. Outlier offers an automated business-analysis platform that leverages artificial intelligence and machine-learning algorithms to detect unexpected patterns and changes in time-series data. Its product is positioned to help users and agencies understand data more quickly through automated analysis without requiring significant time or resources. The company says its approach provides high-fidelity insights that surface unexpected patterns and changes. Outlier has entered a strategic relationship that expands access to its platform for intelligence agencies. The announcement highlights the platform's differentiated approach to leveraging AI for rapid, actionable insights. Financial details about the company’s recent investment were not disclosed in the article. Outlier connects to multiple data sources and uses AI and machine learning to surface the most relevant signals, delivering a short list of four to five questions or insights by email. The product is designed to identify "shifts below the surface" so customers get meaningful insight without having to ask the right BI questions. The company launched in 2015 and is led by founder and CEO Sean Byrnes, who previously sold Flurry to Yahoo for more than $200 million. As of the article the startup has 14 employees and 14 customers, including Jack Rogers, Celebrity Cruises and Swarovski. Financially, Outlier has raised over $8 million to date, including the newly announced Series A. The company says the round will help them continue developing the product and grow the business as they pursue the next phase of adoption. Outlier.ai positions itself as an alternative approach to traditional business intelligence, arguing the world does not need more dashboards, charts, or data warehouses. The company focuses on improving the relationship between people and their data and helping leaders make better use of tools they already have. Its product aims to surface insights and assist decision-making by working with existing data sources and workflows. The company frames this as a change to how organizations interact with data rather than adding more reporting infrastructure. Outlier.ai is based in Oakland, CA. The company recently raised $2.2 million from Susa Ventures, Homebrew and First Round Capital.

Total raised
$31M
Funding rounds
5
Latest round
Series B
Latest activity
Jan 2020

Industries

  • Analytics
  • Business Intelligence
  • Data Visualization
  • Developer Tools
  • Software
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Recent funding

  1. Series B

    Jan 2020

    $22M

  2. Series A

    Jul 2018

    $6M

  3. Equity

    Feb 2017

    $2M

Team