Outgo Raises $3.4M in Funding


Outgo, a Seattle, WA-based provider of a banking solution for freight carriers, raised $3.4M in funding.

The round was led by Neo and PSL Ventures, with participation from Bezos Expeditions, Dan Lewis, Jason Droege, and Jason Davis.

The company intends to use the funds to continue its hiring efforts, scale its product offerings, and bolster its partnerships and growth goals.

Co-founded by Marcus Womack, Ray Fortna, and Mike Bohlander, CEO, Outgo provides banking solutions for freight carriers to automate broker setups, invoicing, factoring, collections, accounting, and tax services without contracts or minimums, finally enabling them to take complete control of their finances.

The Outgo Visa ® Debit Card is issued by Blue Ridge Bank, N.A. pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa Debit cards are accepted. Additional terms and conditions apply to cash back rewards program. 1% cash back is earned on all expenses and is subject to change.