Startup
Outmin
Dublin company combining an AI bookkeeping platform with qualified accountants, sold to small businesses directly and to accounting firms that use it to run client bookkeeping.
| Founded | 2020, Dublin |
|---|---|
| Founders | Ross Hunt (CEO, chartered accountant, founder of Cainthus), David Kelleher |
| Stage | Seed |
| Total funding | About EUR 6m |
| Last round | EUR 4m, May 2025, led by Praetura Ventures through its EIS Growth Fund and the Northern Powerhouse Investment Fund II |
| Earlier rounds | Seed EUR 1.5m, October 2022; EUR 650,000 from Enterprise Ireland and angel investors, November 2021 |
| What it does | Document collection, invoice processing, reconciliation and real-time reporting, delivered with a staffed finance team; firms use it to run bookkeeping for their clients |
| Traction | More than 350 businesses and practices, including 11 accounting firm partners; more than 50 staff across the UK and Ireland; Feargal O’Rourke, IDA Ireland chair and former PwC Ireland managing partner, is chairman |
| Pricing | EUR 49 per client per month platform fee plus EUR 2 per document for Rex; volume discounts |
| Markets | Ireland, expanding into England |
| Peers | Neno, Integral, Pilot, Botkeeper, Crunch |
Funding
- Announced rounds
- €6.15m in three rounds
- Latest round
- Round, €4m, May 2025, led by Praetura Ventures
Why it matters
Outmin raised EUR 4 million in 2025 from a UK regional fund to expand from Ireland into England, with the former head of PwC Ireland as chairman. It is the Irish entry in the AI-plus-accountants model and one of the few selling the same platform to firms and directly to businesses.
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