Outfund raises £37 million in equity and debt finance
At the tail end of 2020, HLaw helped the revenue-based finance business Outfund on what it’s calling a late-seed investment round involving Fuel Ventures, TMT Investments, Force Over Mass Capital and others.
Outfund has committed itself to lending £100 million to e-commerce and subscription-based businesses during 2021, and it may be at time of writing the UK’s largest revenue-based lender of this kind.
Outfund was co-founded by CEO Daniel Lipinski, who co-founded and sold the logistics platform ParcelBright to Veeqo in 2016.
What a story of growth Daniel is now writing at Outfund. We were pleased to have been able to help.