No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, October 7, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Startups

Ireland’s Outmin secures €4M to expand its AI finance platform; appoints new Chairman

by TheAdviserMagazine
4 months ago
in Startups
Reading Time: 2 mins read
A A
Ireland’s Outmin secures €4M to expand its AI finance platform; appoints new Chairman
Share on FacebookShare on TwitterShare on LInkedIn


Dublin-based Outmin, a startup transforming how small and medium-sized businesses manage their finances, has raised €4M in the latest funding round.

The funding round was led by Praetura Ventures through its Praetura EIS Growth Fund and NPIF II – Praetura Equity Finance, managed by Praetura as part of the Northern Powerhouse Investment Fund II.

Based out of Manchester, Praetura Ventures is a venture capital firm specialising in early-stage investments, with a strong focus on supporting entrepreneurs in the North of England.

This latest capital injection will support the company’s continued development of its AI-powered financial platform, which automates bookkeeping, accounting, and payroll for SMEs.

With the new funding, the company plans to further expand its team, enhance product offerings, and accelerate international growth, particularly in the UK and Ireland.

Appointed Feargal O’Rourke as the new chairman

Alongside the funding announcement, Outmin has appointed Feargal O’Rourke, former Managing Partner of PwC Ireland, as its new Chairman.

“When I was approached to go in as Chair, three things stood out. Firstly, the core team—Ross, Jane, and David. Super bright people with an excellent dynamic, bringing strong thinking to strategy, operations, product development, and people. Secondly, the wider team. I attended a company day and was blown away by the enthusiasm and unity of purpose—not a top-down vision, but a shared goal. And thirdly, the product. Outmin’s AI machine learning journey will revolutionize bookkeeping, with a real chance to become a global leader,” says Feargal O’Rourke, Chairman, Outmin.

Outmin: AI-powered accounting and bookkeeping

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).

“You never need to reconcile anything again. If you’re missing a document, we will resolve it for you. It’s part of the process and service,” says  Ross Hunt, CEO of Outmin

Its SaaS platform automates a range of financial tasks, including payroll, expense management, tax returns, and compliance filings.

The company claims to have helped finance teams and accounting firms reduce their accounting costs by 66 per cent and free up more than 120 hours of administrative time each month.

Supported by leading investors like Middlegame and Fuel Ventures, Outmin’s team consists of top talent from fintech, startups, and accounting, committed to making daily financial tasks easier.

Currently, the Irish firm serves over 350 businesses and has partnered with 12 accounting practices. 



Source link

Tags: appointschairmanExpandfinanceIrelandsOutminplatformsecures
ShareTweetShare
Previous Post

How to Buy 5 Rental Properties in Just 5 Years

Next Post

Ulta Beauty (ULTA) Earnings: 1Q25 Key Numbers

Related Posts

edit post
Driversnote logs new milestone in its bootstrapped journey, picks up VIA equity as co-owner

Driversnote logs new milestone in its bootstrapped journey, picks up VIA equity as co-owner

by TheAdviserMagazine
October 6, 2025
0

Copenhagen-based Driversnote, a company specialised in mobile mileage tracking and reporting, announced that it has entered a strategic partnership with...

edit post
The Weekly Notable Startup Funding Report: 10/6/25 – AlleyWatch

The Weekly Notable Startup Funding Report: 10/6/25 – AlleyWatch

by TheAdviserMagazine
October 6, 2025
0

The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of...

edit post
Heidi Health raises M Series B led by Steve Cohen’s Point72

Heidi Health raises $65M Series B led by Steve Cohen’s Point72

by TheAdviserMagazine
October 6, 2025
0

Dr. Tom Kelly is a trauma surgeon, and everywhere, he sees doctors drowning in administrative work. He wanted change, so...

edit post
OpenAI and Jony Ive may be struggling to figure out their AI device

OpenAI and Jony Ive may be struggling to figure out their AI device

by TheAdviserMagazine
October 5, 2025
0

OpenAI and Jony Ive face significant technical challenges as they work to develop a screen-less, AI-powered device, according to the...

edit post
Gen Z Hiring Trends You Can’t Afford to Ignore

Gen Z Hiring Trends You Can’t Afford to Ignore

by TheAdviserMagazine
October 5, 2025
0

Gen Z is officially entering the workforce. The generation famously known for reshaping consumer markets with TikTok trends is now...

edit post
Startups and the U.S. government: It’s getting complicated

Startups and the U.S. government: It’s getting complicated

by TheAdviserMagazine
October 4, 2025
0

The tie between startups and the U.S. government have strengthened in recent years, a shift buoyed by an interest in...

Next Post
edit post
Ulta Beauty (ULTA) Earnings: 1Q25 Key Numbers

Ulta Beauty (ULTA) Earnings: 1Q25 Key Numbers

edit post
Why e.l.f. Beauty’s CFO sees B Rhode acquisition as a strategic innovation move

Why e.l.f. Beauty’s CFO sees $1B Rhode acquisition as a strategic innovation move

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Indian IT sector: Tech sector rally: Tactical moves or fundamental shift? Insights from Sandip Agarwal

Indian IT sector: Tech sector rally: Tactical moves or fundamental shift? Insights from Sandip Agarwal

0
edit post
10 Government Services Unaffected by the Shutdown (Including Social Security and Medicare)

10 Government Services Unaffected by the Shutdown (Including Social Security and Medicare)

0
edit post
What China Knows – Econlib

What China Knows – Econlib

0
edit post
Senator Lummis Says Strategic Bitcoin Reserve Buys Could Happen Any Time

Senator Lummis Says Strategic Bitcoin Reserve Buys Could Happen Any Time

0
edit post
What Boomers Overlook When Comparing Long-Term Care Facilities

What Boomers Overlook When Comparing Long-Term Care Facilities

0
edit post
Aehr Test Systems signals broad-based AI market growth opportunities with .5M backlog and 5x manufacturing capacity increase (NASDAQ:AEHR)

Aehr Test Systems signals broad-based AI market growth opportunities with $15.5M backlog and 5x manufacturing capacity increase (NASDAQ:AEHR)

0
edit post
Indian IT sector: Tech sector rally: Tactical moves or fundamental shift? Insights from Sandip Agarwal

Indian IT sector: Tech sector rally: Tactical moves or fundamental shift? Insights from Sandip Agarwal

October 7, 2025
edit post
Senator Lummis Says Strategic Bitcoin Reserve Buys Could Happen Any Time

Senator Lummis Says Strategic Bitcoin Reserve Buys Could Happen Any Time

October 6, 2025
edit post
Aehr Test Systems signals broad-based AI market growth opportunities with .5M backlog and 5x manufacturing capacity increase (NASDAQ:AEHR)

Aehr Test Systems signals broad-based AI market growth opportunities with $15.5M backlog and 5x manufacturing capacity increase (NASDAQ:AEHR)

October 6, 2025
edit post
Central banks keep buying yellow metal despite soaring price

Central banks keep buying yellow metal despite soaring price

October 6, 2025
edit post
Introducing Fortune’s first-ever Most Influential Women Asia ranking

Introducing Fortune’s first-ever Most Influential Women Asia ranking

October 6, 2025
edit post
How a 2020 dinner in Davos set the stage for a ‘MAGA’ World Cup

How a 2020 dinner in Davos set the stage for a ‘MAGA’ World Cup

October 6, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Indian IT sector: Tech sector rally: Tactical moves or fundamental shift? Insights from Sandip Agarwal
  • Senator Lummis Says Strategic Bitcoin Reserve Buys Could Happen Any Time
  • Aehr Test Systems signals broad-based AI market growth opportunities with $15.5M backlog and 5x manufacturing capacity increase (NASDAQ:AEHR)
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.