Outpave Raises $1.2M in Seed Funding

Outpave

Outpave, a Frisco, TX-based spend management startup, raised $1.2M in Seed funding.

The round was led by Fritz-Pak Corporation.

The company intends to us the funds to further enhance its expansion, go-to-market strategies, sales channels, and product features.

Led by CEO and Founder Zach Ahlstedt, Outpave is a banking-as-a-service platform that streamlines bank connections, expense tracking, and invoice management. It offers direct banking integration, customizable card issuance, and real-time analytics, providing transparency and control over financial operations.

Commenting on the news, Zach Ahlstedt said: “Our roadmap is set to not only simplify but also innovate financial management. With Fritz-Pak’s support, our horizon broadens, bringing our cutting-edge platform to more businesses, enabling them to thrive in competitive markets.”

FinSMEs

09/05/2024