Outgo
Facts
- HQ
- Seattle, Washington, USA
- Sectors
- Software Development
- Founded
- 2021
- Employees
- 34
- Stage
- Startup
Flexport Sells Convoy Technology to DAT Freight & Analytics for Approximately $250 Million in 2024
Flexport announced it is selling Convoy's freight marketplace technology to DAT Freight & Analytics for around $250 million, after acquiring Convoy in 2022 following its shutdown. DAT, part of Roper Technologies, will operate the marketplace, expanding its freight-matching network in North America.
DAT Freight & Analytics Acquires Seattle Fintech Startup Outgo to Expand Freight Carrier Finance Services
DAT Freight & Analytics acquired Seattle fintech startup Outgo, which provides banking services and finance software to freight carriers, allowing it to enhance cash flow solutions for trucking businesses. Outgo will continue to operate in Seattle and its CEO, Marcus Womack, will join DAT's executive team.
Seattle Startup Outgo Raises $15M and Secures $50M Credit Facility to Speed Cash Access for Trucking Carriers
Outgo, a Seattle-based startup providing banking services to trucking carriers, raised $15 million in a previously undisclosed funding round alongside a $50 million credit facility. The company offers finance software helping carriers access cash within hours and manages invoice processing with lower fees than traditional factoring companies.
People
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Julie Sandler Board of Directors, Board Observer
