# Outfund

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/outfund

- Industry: Financial Services
- Headquarters: London, UK
- Website: http://www.out.fund
- Total disclosed funding: $13M
- Latest round: Series A (Mar 30, 2022)
- Investors on record: 4

## About

Outfund, based in the UK, provides innovative financial solutions that enable businesses to access quick and flexible funding tailored to their operational needs across various sectors.Founded in 2017, Outfund is a financial service provider that specializes in offering tailored funding solutions to businesses. The company operates from its headquarters in London, UK. Daniel Lipinski serves as both CEO and Founder, bringing expertise from his previous ventures. Outfund has conducted a total of 5 deals, with the most recent funding round occurring on September 26, 2024. In this round, Outfund raised GBP 66,227 from returning investor 1818 Venture Capital, bringing the total amount raised to GBP 66,227.Outfund specializes in providing fast and flexible funding solutions tailored to the specific needs of businesses across various sectors, including food, health, technology, and retail. Their core offerings revolve around growth capital ranging from GBP 35,000 to GBP 13 million, with the unique feature of allowing clients to apply for additional funding once they have repaid 33% of their initial facility. The company utilizes proprietary technology to process funding applications within 24 hours, ensuring that customers can access capital without affecting their credit scores. Outfund serves a diverse clientele, including over 700 businesses operating in markets like the United Kingdom, the United States, Australia, and several European countries. The funding is typically provided through revenue share or fixed repayment models that cater to the varying cash flow needs of their clients.Outfund generates revenue through its innovative funding solutions, structured primarily around direct debit repayments from clients. Clients can choose between revenue share arrangements or fixed repayment plans, which can be set on a daily or weekly basis across repayment periods ranging from 3 to 12 months. The company’s pricing structure is built around the total amount funded, with no hidden fees or application fees, which enhances its attractiveness to potential borrowers. For instance, a client applying for GBP 70,000 might have a repayment plan structured over 6 months, with total repayable amounts clearly articulated. Through these structured transactions, Outfund facilitates capital access for businesses, allowing them to invest in growth opportunities while generating revenue through their funding services.In September 2024, Outfund raised GBP 66,227 in venture funding from 1818 Venture Capital. The company aims to leverage this funding to enhance its product offerings, including the development of new financial products tailored to emerging business needs. Outfund plans to expand its geographic reach into additional markets, specifically targeting Europe and North America by the end of 2025. This strategic growth is designed to diversify their client base and increase their market share in the competitive financial services landscape.

## Funding rounds

- Series A, Mar 30, 2022, $13M — Force Over Mass Capital, PostFinance, Tribe Capital, 1818 Venture Capital

## Investors

- Force Over Mass Capital (https://capitalatlas.ai/funds/force-over-mass-capital) — Series A
- PostFinance — Series A
- Tribe Capital (https://capitalatlas.ai/funds/tribe-capital) — Series A
- 1818 Venture Capital (https://capitalatlas.ai/funds/1818-venture-capital) — Series A