Outmin Raises €4M and Appoints Feargal O’Rourke as Chairman

This is the moment things level up. 

We’re thrilled to welcome Feargal O’Rourke, one of Ireland’s leading business minds, as our Chairman, alongside a €4 million raise. His vision will transform bookkeeping into a growth driver for accounting firms.

Here’s why this matters.

The Broken Link in Accounting

Bookkeeping holds firms and teams in a chokehold. Hours lost to reconciliations, document chases, and error fixes drain margins and limit growth. Legacy tools like Xero or QuickBooks were built for a manual-input era. They struggle to meet real-time demands. Bolt-on automation tools patch over fundamental flaws, but they don’t address the root cause of the problem. 

It’s not people, it’s outdated systems. We built something better, made for the zero-touch era.

Outmin’s Game-Changing Solution

Our AI platform eliminates manual bookkeeping. We connect to bank feeds, POS systems, and invoices. Financials stay clean, no hassle. 

While traditional bookkeeping consumes your team’s time, Outmin handles the repetitive 80%, freeing your bookkeepers to focus on higher-value work – the type of work clients value and pay premium rates for.

Accounting firms scale intelligently, boost margins, and enhance service quality, all while reducing operational overhead.

Feargal O’Rourke’s Impact

Feargal O’Rourke brings transformative expertise. His PwC Ireland leadership strengthens our mission to make accounting firms profitable and resilient. He joined us after rigorous technical reviews.

“Outmin’s AI machine learning journey will revolutionise bookkeeping, with a real chance to become a global leader.”
— Feargal O’Rourke, Chairman, Outmin

The €4 million from Praetura Ventures supports us, but Feargal’s vision drives us.

A New Era for Accounting Firms

With Feargal’s leadership, we’re sparking a revolution. Our intelligent, zero-touch bookkeeping solution cuts costs and boosts advisory revenue for firms of all sizes. Picture mobile app for instant finance, rapid audits, client-ready budgets. We’re crafting a future where bookkeeping fuels growth. 

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

Join the Transformation

We’re honoured to have Feargal and our team leading this change. 

Want to experience the future of accounting? Visit outmin.io/partners/accounting-practices to learn how to make bookkeeping your growth engine. 

Let’s make history. We’re just getting started.