Inspiration2 min read

Outer Raises Funding to Expand Product Offering

Outer Raises Funding to Expand Product Offering

A message from our founders.

We founded Outer with a mission to help people live better outside, by designing durable, smart, and eco-conscious outdoor furniture.  Our pieces are crafted from the highest-quality materials in the world, and are built to withstand all that nature (and life!) has to throw at them. We reimagine the outdoor living experience from the ground up; researching, prototyping, and testing until we’ve created innovative new solutions to improve your quality of life.

Today, we’re incredibly excited to announce that we’re one step closer to achieving our goal of improving people’s lives outside at a global scale, with the closing of a $50M Series B investment round!

The new investment was led by Kathy Xu of Capital Today along with Tribe Capital, C Ventures, and Upfront Ventures. Existing investors, including Sequoia Capital China, Mucker Capital, Mantis VC, and Reimagined Ventures also participated in the round. When we first met Xu, we talked for nearly three hours.  “His mission to get people outside was simple, but powerful,” she said. “Consumers are now acutely aware of the importance of outdoor living and Outer’s rocketship growth is a testament to the thoughtful design behind every product. The company is breathing new life into an industry that has long been an afterthought -- and their recent success is just the beginning.”

It’s true that we’ve experienced unprecedented growth in the last year, including a 1000% increase in sales amidst the pandemic. Our unique Neighborhood Showroom™ program, which allows shoppers to visit the homes of nearby Outer customers to experience Outer products firsthand, has grown from 50 locations in 13 states in 2019 to more than 1,000 locations in 49 states today.

These funds will enable us to continue developing sustainable materials, build an eco-friendly supply chain, and expand our products and community. We aren’t content to stop at recycled plastics— we’re working on new fabrics, plastics, and concretes to replace industry standards, and we’ll be certified carbon negative this fall.

We’re also expanding internationally before the end of the year (watch this space for more details soon!), and are currently hiring across a variety of teams and roles. Interested in joining the team? Learn more and apply here.

We couldn’t have done this without our amazing community—thank you for your support, and we can’t wait to make your outdoor life better for years to come.

Jiake + Terry