Fundraising Fox

Outgo

Founded 2021 · 35 employees on LinkedIn · 3 known investors

Outgo provides invoice factoring, automated invoicing, and banking services for truck drivers and freight carriers, generating invoices from load details and funding a portion of them within hours. It combines factoring and business finance tools into a single service for the trucking industry.

Founders & leadership

Outgo was founded in 2021 by Marcus Womack and Ray Fortna.

MWMarcus Womack
Marcus WomackinFounder
RFRay Fortna
Ray FortnainFounder

Investors · 3

Funding

SEC filings, press & company announcements

$15M disclosed across 1 of 2 rounds · 2022–2024

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Frequently asked questions

What does Outgo do?
Outgo provides invoice factoring, automated invoicing, and banking services for truck drivers and freight carriers, generating invoices from load details and funding a portion of them within hours. It combines factoring and business finance tools into a single service for the trucking industry.
Who founded Outgo?
Outgo was founded by Marcus Womack, Ray Fortna in 2021.
Who are Outgo's investors?
Outgo's investors include Gradient Ventures, Operator Stack, Upper90.
How much funding has Outgo raised?
Outgo has disclosed $15M raised across 1 of its 2 known rounds.