Outmin names ex-PwC Ireland head as chair

Outmin, an intelligent bookkeeping start-up that automates financial data production and eliminates manual data entry, has announced the appointment of Feargal O’Rourke, current IDA chairman and former managing partner of PwC Ireland, as chairman of the board.

According to Outmin, O’Rourke brings a “unique perspective from decades at the forefront of the global accounting profession”.

Following O’Rourke’s appointment, the group also secured €4m (£3.35m) funding by Praetura Ventures.

Praetura Ventures backed Outmin via its Praetura EIS Growth Fund and NPIF II – Praetura Equity Finance, which is managed by Praetura as part of the Northern Powerhouse Investment Fund II.

It also stated that 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.

Outmin is headquartered in Dublin and currently supports accounting firms across Ireland and the UK.
Its 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. The firm has established partnerships with 11 accounting practices

O’Rourke said: “Outmin is building something accounting firms truly need. It’s not a short-term fix, it’s a foundational shift. The team understands where the gaps are in the current model, and they’re delivering a system that helps firms scale and focus their people on higher-value work.”

Ross Hunt, CEO and founder of Outmin, said: “This funding marks an exciting new phase for Outmin. It will enable us to continue our growth in Ireland and expand our presence in the UK, especially in the North West which is a hotbed of activity.

“It’s about delivering a real system that changes how firms operate. With Feargal’s experience and leadership, we’re more equipped than ever to bring automated bookkeeping to more businesses and help accounting firms navigate the future of bookkeeping and finance.”