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Outward VC

VC

GBDEFRNLSEIEDKNOFIBEPLEELVLTFintechAI/MLHealthtechEnterpriseB2B SaaSCybersecurityOther

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Investment thesis

Outward VC invests in early-stage founders solving the most important problems at the intersection of financial services and society. The firm believes fintech extends far beyond traditional financial services, envisioning a future where finance is more open, more embedded, and intertwined with global, society-shifting challenges — spanning insurance, real estate, legal services, healthcare, education, energy, and work/HR. Outward leads the first institutional funding round (pre-Series A), typically investing up to £5m and often taking 50% of the round, with significant follow-on capital reserved. The firm emphasises a people-first, transparent, and flexible process, acting as a collective to support founders post-investment. As Kevin Chong has noted: 'After we deployed £20m into early-stage funding rounds, our portfolio companies went on to secure over £570m of follow-on equity funding within three years.'

Notable quotes

Starting out as a Founder is one of the toughest challenges out there, especially at the early stage. Our new fund continues our mission to make the early-stage experience easier for Founders, starting with leading their first institutional funding round. As a testament to our personalised approach, we are often the first call that our Founders make when facing an important challenge.

Devin Kohli · Financial IT / British Business Bank Fund II announcement · 2024-09-10

We help early-stage start-ups breakthrough by leading their first institutional funding round. In our first fund, after we deployed £20m into early-stage funding rounds, our portfolio companies went on to secure over £570m of follow-on equity funding within three years.

Kevin Chong · Financial IT / British Business Bank Fund II announcement · 2024-09-10

Outward has a long-standing thesis around the power of combining technology, networks and innovative structures to open up exclusive financial products to a much larger audience whilst also transforming the user experience. Firenze is the embodiment of this, bringing to market a highly demanded solution that acts as a clear win-win-win for borrowers, wealth managers and funders.

Andi Kazeroonian · FF News – Firenze Seed Round announcement · 2025-03-01

Team

Kevin Chong

Co-Founder and General Partner

FintechEnterpriseAI/MLHealthtech

Devin Kohli

Co-Founder and General Partner

FintechAI/MLB2B SaaSConsumer

Sanchit Dhote

Principal

FintechEnterpriseAI/ML

Andi Kazeroonian

Principal

FintechMarketplacesB2B SaaS

Sebastien Mafuna

Investment Manager

FintechEnterprise

D'Arcy Martin

Head of Platform

Fintech

Recent investments

CompanyRoundSizeDate
Capsa AISeed$2m2024-09-01
InfrawatchSeed2026-03-17
StewardSeed$5m2026-03-17
MonqSeed2025-11-05
AdclearSeed2025-10-15
CurveSeries B$55m2019-07-01
BudSeries B$80m2022-05-01
Peppy HealthSeed2020-06-01
PrimaryBidSeries A2019-02-01
Orbital WitnessSeed2021-01-01

Frequent co-investors

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