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Outmin Raises €4M to Scale AI Bookkeeping, Names Ex-PwC Ireland Head as Chairman
The raise will enable Outmin to accelerate engineering hires, deepen AI capabilities, and scale delivery for a growing base of accounting firm partners, focused on margin improvement, efficiency, and modernising the core bookkeeping model. Additionally, the funding will enable Outmin to broaden its international reach, particularly in the North West of England , where it already has an emerging presence.
" ," said Ross Hunt , CEO and Founder of Outmin.
Feargal O'Rourke brings a unique perspective from decades at the forefront of the global accounting profession. His appointment signals Outmin's commitment to solving long-standing challenges in the industry, including talent shortages, inefficiencies, and succession risks.
" ," said O'Rourke. " ."
Outmin's AI Bookkeeper automates key financial workflows, including document collection, invoice processing, reconciliation, and reporting. It combines automation with expert oversight to deliver accurate, up-to-date books, without growing headcount.
According to Outmin, more than 350 businesses utilise the platform, and they have established partnerships with 11 accounting practices. Businesses report saving more than 200 hours annually on bookkeeping, while some partner firms report as much as €10,000 in additional revenue per client onboarded to Outmin by reallocating existing staff to higher-value tasks.
" ," said David Kelleher , Co-Founder and Chief Revenue Officer at Outmin. " ."
Outmin is headquartered in Dublin and currently supports accounting firms across Ireland and the UK.
Outmin is an intelligent bookkeeping service helping accounting firms and SMEs scale profitably by removing manual work and improving data accuracy through AI. The company is one of LinkedIn's Top Startups and a 2025 TechRound's FinTech50 winner, backed by top investors including Praetura Ventures, Fuel Ventures and Middlegame Ventures. To learn more visit: www.oumin.io
Praetura Ventures is committed to adding value post-investment and providing the 'more than money' support that businesses need to grow, including additional expertise, resources, networks and guidance, to its investee companies.
Since 2019, Praetura Ventures has backed over 60 companies, including North West headquartered businesses Culture Shift, AccessPay and Peak. The business has now grown to over £260m AUM and last year won the Northern Powerhouse Investment Fund II mandate for the £100m fund dedicated to equity in the North West of England.
Learn more at praeturaventures.com
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