Diligence memo · auto-generated · as of July 1, 2026
Outbrain Inc.
Outbrain Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Outbrain Inc. operates in Other, based in NEW YORK.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Outbrain Inc. has raised $91M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $35M on 2011-12-02.
Most recent recorded round closed around 2013-10-08.
Valuation (modeled)modeled
Provath models Outbrain Inc. at approximately $582M (range $88M–$2.2B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.69× the median modeled value of Series B Other companies in 2013–2015 (273 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 14 months.
Last raise 12.7 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 3.7× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 96% of Other peers (25008 compared).
Modeled value ranks above 95% of those peers.
Closest niche peers: PL Parent, LLC, ComplexCare Holdings, Inc., Sprinklr, Inc., Globaltranz Enterprises, Inc., Halco Acquisition Corp.
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.