Outmin, a Dublin, Ireland-based intelligent bookkeeping startup, has raised £3.3 million in funding round.
Investors
The round was led by Praetura Ventures, with additional investments from Praetura’s EIS Growth Fund, NPIF II – Praetura Equity Finance, and other investors.
Praetura Ventures is a Manchester-based venture capital firm specializing in early-stage investments, with a strong focus on supporting entrepreneurs in the North of England. Established in 2011, the firm manages approximately £300 million in assets and has backed over 50 companies since 2019.
Outmin Use of Funds
The company will use the funding to expand its presence in the North of England, enhance its AI capabilities, grow its headcount, and strengthen partnerships with accounting firms.
About Outmin
Founded in 2020 by Ross Hunt and David Kelleher, Outmin provides an AI-powered accounting and bookkeeping platform to streamline financial operations for small and medium-sized enterprises (SMEs). Its SaaS platform automates a range of financial tasks, including payroll, expense management, tax returns, and compliance filings. Headquartered in Dublin, Ireland, Outmin serves over 350 businesses and has partnered with 12 accounting practices.
Funding Details
Company: Outmin Limited
Raised: £3.3M
Round: Undisclosed
Funding Date: May 2025
Lead Investor: Praetura Ventures
Additional Investors: Praetura’s EIS Growth Fund, NPIF II – Praetura Equity Finance, others
Company Website: https://www.outmin.io/
Software Category: Intelligent Bookkeeping Automation
Source: https://businesscloud.co.uk/news/intelligent-bookkeeping-startup-outmin-raises-3-3m/