O
Outgo
Empowering micro/small businesses with business digitization software that automates billing, collection, alerts, reminders and receipts
About Outgo
Outgo Inc is a financial technology company dedicated to revolutionizing the $400 billion US freight market. Unlike traditional banks, Outgo provides a comprehensive suite of financial products and services specifically designed for freight businesses. Banking services are facilitated through partnerships with Blue Ridge Bank, N.A. and TransPecos Banks, SSB, both members of the FDIC, ensuring that funds on deposit are insured up to $250,000.
Read full description
Outgo's core offerings include smart factoring, which allows freight companies to receive immediate payment on their invoices, eliminating the typical wait times associated with traditional invoicing. The platform also features no-fee ACH transfers, $20 wire transfers, and minimal fees for ATM usage and international transactions.
The Outgo app enables business owners to manage their finances from anywhere, providing a seamless and efficient way to conduct business on the go. The platform securely stores and organizes all invoices and load documents, automatically collecting key details such as load number, miles, and pickup and drop-off locations.
Outgo operates on a business model that includes both one-time flat fees and monthly commissioned payments of 10% of factoring earnings. This flexible payment structure allows clients to choose the option that best suits their financial needs.
The company serves freight carriers and other stakeholders in the freight industry, offering tailored financial solutions that help streamline operations and improve cash flow. Backed by a group of A-list investors, Outgo is committed to shaking up the industry and providing a better financial road ahead for its clients.
At a glance
- Status
- Acquired
- Founded
- 2016
- Headquarters
- Seattle, United States
- Employees
- 34
- Open positions
- None listed
- Dealroom signal
- 79.4/100
- Industry
- Fintech, Transportation
- Sub-industry
- Financial Management Solutions, Logistics & Delivery
- Sector
- Fintech, Freight, Cash Management, Invoicing
- Technology
- Artificial Intelligence, Big Data, Mobile app
- Business model
- SaaS
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning Outgo.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | May 2025 | $0 | — | DAT | ↗ |
| DEBT✓Debt | Sep 2024 | $50M | — | Upper90 | ↗ |
Growth signals
Latest recorded traffic for Outgo is 15K monthly website visits, down 16.7% over the last three months. Outgo's team declined 5.6% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A10 investors entered at this stage
Neo vc
Pioneer Square Ventures
Dan Lewis
Jason Davis
Bezos Expeditions
Jason Droege
Gradient Ventures
Construct Capital
The Fintech Fund
Operator Stack Fund
Series B and later1 investor entered at this stage
Upper90
Other known investors1 additional known investor
DAT
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Outgo on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Outgo’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.