When was Outgo founded?

Outgo was founded in 2016 and raised its 1st funding round 6 years after it was founded.

Where is Outgo located?

Outgo is headquartered in Seattle, United States.

Who is the current CEO of Outgo?

Marcus Womack of Outgo. They have also founded 1 company.

How many employees does Outgo have?

As of Sep 30, 2026, the latest employee count at Outgo is 33.

Is Outgo a funded company?

Outgo is a funded company, having raised a total of $18.4M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 26, 2022.

When was the latest funding round of Outgo?

Outgo's latest funding was a $***** Series B round on 2023, with participation from 8 investors.

Where does Outgo rank among its competitors?

Outgo ranks 93rd amongst 3251 active competitors, of which 299 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Nomba, which secured $3M in Sep, 2026.

Who are the top competitors of Outgo?

Outgo's top competitors include Bill, Funding Societies and Ebury. Among them, Nomba secured the most recent funding round in September, 2026.

Outgo - 2026 Company Profile, Team, Funding & Competitors

Company Details

Accounting and invoice management software. It offers solutions for accounts receivable lifecycle, including invoicing, factoring, and banking. It offers solutions for invoice management, invoice factoring for financial needs, and banking solutions for payments management.

Website: outgo.com
Social
Email ID: *****@outgo.com
Phone Number: +1 **********

Key Metrics

Founded Year

2016

Location

Seattle, United States

Stage

Acquired

Total Funding

$18.4M in 3 rounds

Latest Funding Round

Series B, 2023, $*****

Investors

Gradient Ventures & 11 more

Ranked

93^rd among 3251 active competitors

Employee Count

33 as on Sep 30, 2026

Similar Companies

Billtrust & 1952 more

Exit Details

Acquired by DAT Solutions (May 15, 2025)

View Outgo's full profile

Outgo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
OUTGO INC. CIN: 6646227 , United States, Active	Nov 17, 2022	-	-	-

Outgo got acquired by DAT Solutions on May 15, 2025.

Click here to take a look at Outgo's acquisition in detail

Outgo has raised a total funding of $18.4M over 3 rounds. Its first funding round was on Mar 26, 2022. Its latest funding round was a Series B round on 2023 for $*****. 8 investors participated in its latest round. Outgo has 9 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Outgo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2023	2567	Series B	5595	8021	6576	8909
2023	1671	Conventional Debt	7035	7344	7305	Upper90
Mar 26, 2022	8577030	Series A	5059039	7270529	Neo & 1 more	Bezos Expeditions & 3 more

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View details of Outgo's funding rounds and investors

The founders of Outgo are Ray Fortna, Marcus Womack and Mike Bohlander. Marcus Womack is the CEO of Outgo.

Here are the details of Outgo's key team members:

Ray Fortna: Co-Founder & CPO of Outgo and founder of 2 other companies, OutGo and Familiar.
Marcus Womack: Co-Founder & CEO of Outgo.
Mike Bohlander: Co-Founder & CTO of Outgo.

View details of Outgo's Founder profiles and Board Members

Outgo's employee count trend

Outgo has 33 employees as of Sep 26. Here is Outgo's employee count trend over the years:

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Top competitors of Outgo include Bill, Funding Societies and Ebury. Here is the list of Top 10 competitors of Outgo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bill 2006, San Jose (United States), Public	Provider of accounts payable, accounts receivable, and spend management solutions	$326M	August Capital, Icon Ventures & 28 others	81/100
2nd	Funding Societies 2015, Singapore (Singapore), Series D	Digital platform providing financing solutions for small businesses	$242M	Khazanah Nasional Berhad, Samsung Venture Investment ... & 53 others	81/100
3rd	Ebury 2009, London (United Kingdom), Acquired	Provider of global payment solutions, currency risk management, and business lending	$374M	Vitruvian Partners, 83NORTH & 17 others	79/100
4th	Zuora 2007, Redwood City (United States), Acquired	Cloud-based invoice and subscription management solutions for businesses	$243M	Northgate Capital, Tenaya Capital & 28 others	77/100
5th	Melio 2018, New York City (United States), Acquired	Provider of accounts payable and receivable solutions for businesses	$654M	Coatue, Thrive Capital & 26 others	77/100
6th	Liberis 2007, London (United Kingdom), Acquired	Provider of embedded finance solutions for small businesses	$135M	FTV Capital, British Business Investments ... & 9 others	76/100
7th	Nomba 2016, Lagos (Nigeria), Series B	App-based payment acceptance solutions for SMBs	$42.7M	Y Combinator, Khosla Ventures & 12 others	76/100
8th	Vivriti Capital 2017, Chennai (India), Series D	Provider of technology-enabled debt financing solutions to mid-market enterprises	$205M	Creation Investments, TVS Capital Funds & 22 others	75/100
9th	BlackSoil 2010, Mumbai (India), Series C	Provider of alternative debt and supply chain financing solutions to businesses	$36.3M	FMO, MAHAVIR AGENCIES & 11 others	74/100
10th	Mintifi 2017, Mumbai (India), Series E	Provider of supply chain financing solutions for small and medium enterprises	$270M	Premji Invest, Elevation Capital & 8 others	74/100
93rd	Outgo 2016, Seattle (United States), Acquired	Accounting and invoice management software	$18.4M	Upper90, Gradient Ventures & 10 others	52/100