OutSolve Funding: How Much Did They Raise & Key Investors

How Much Did OutSolve Raise?
Funding & Key Investors

OutSolve, a prominent affirmative action consulting firm, has secured significant enterprise-level funding, with its total funding reaching $29.5M and its most recent financing round amounting to $0. This strategic capital infusion underscores the company's established position in the compliance and diversity, equity, and inclusion (DEI) technology sector. The company's consistent growth trajectory, marked by various funding rounds since 2016, highlights its sustained development and market penetration.

What is OutSolve?

OutSolve

Business Services

Human Resources Management Systems (HRMS)

Project Management

OutSolve specializes in assisting companies with compliance to the Office of Federal Contractor Compliance Programs' (OFCCP) regulatory requirements. Their comprehensive services include affirmative action plan preparation, OFCCP audit support, diversity, equity, and inclusion (DEI) strategy, pay equity analysis, and Environmental, Social, and Governance (ESG) initiatives. Founded in 1998, OutSolve leverages deep-rooted expertise in regulatory compliance, offering innovative solutions such as online executive dashboards and e-learning to adapt to evolving workplace dynamics. The company boasts a 98% customer retention rate, a testament to its commitment to exceptional client service and effective compliance solutions across diverse industries and company sizes.

How much funding has OutSolve raised?

OutSolve has raised a total of $29.4M across 3 funding rounds:

2016

Private Equity

$27.1M

2017

Private Equity

$2M

2020

Debt

$350K

Private Equity (2016): $27.1M, investors not publicly disclosed

Private Equity (2017): $2M, investors not publicly disclosed

Debt (2020): $350K supported by PPP

Key Investors in OutSolve

PPP

Public-Private Partnership

What's next for OutSolve?

With its substantial enterprise-level backing, OutSolve is strategically positioned to further enhance its service offerings and expand its market reach. The company's focus on evolving compliance needs, particularly in DEI and ESG, suggests a future emphasis on technological innovation and broader advisory services. Continued investment in its platform and expert consulting team will likely enable OutSolve to solidify its leadership in the affirmative action and regulatory compliance space, helping more organizations navigate complex mandates and foster inclusive work environments.

See full OutSolve company page

See More Financial Insights