# Outfit funding: rounds and investors

> Outfit has raised $20M across 2 rounds since 2020. Investors include EVP, Five Elms Capital and True Capital Management. Every round with its source.

Source: https://millionrounds.com/company/outfit (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Outfit*

2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Internet

Funding summary Updated 26 Oct 2026

**$20M** raised across 2 rounds since 2020, from 2 sources

- **Latest round:** Venture Jan 2023
- **Biggest round:** $20M Venture · Feb 2020
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020 2021 2022 2023

**$20M** Venture

**?** Venture

- **First round:** Venture, $20M
- **Biggest round:** $20M
- **Between rounds:** 2.9 years

## The rounds

- **Jan 2023** Venture **Amount undisclosed** *1 new* [True Capital Management](https://millionrounds.com/fund/true-capital-management) Source recorded
- **Feb 2020** Venture **$20M** *2 new* [EVP](https://millionrounds.com/fund/evp) [Five Elms Capital](https://millionrounds.com/fund/five-elms-capital) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2020 **Venture** 2023 [EVP](https://millionrounds.com/fund/evp) [Five Elms Capital](https://millionrounds.com/fund/five-elms-capital) [True Capital Management](https://millionrounds.com/fund/true-capital-management)

## Everyone who backed them

[EVP](https://millionrounds.com/fund/evp) VC firm **1** round

[Five Elms Capital](https://millionrounds.com/fund/five-elms-capital) VC firm **1** round

[True Capital Management](https://millionrounds.com/fund/true-capital-management) Family office **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=outfit).

## Quick answers about Outfit

### Who invested in Outfit?

Outfit's investors include EVP, Five Elms Capital and True Capital Management.

### How much has Outfit raised?

Outfit has raised $20M across 2 rounds since 2020. One round did not disclose an amount, so the total is a floor.

### When did Outfit last raise?

Outfit's most recent round was a Venture in Jan 2023.

### What was Outfit's biggest round?

Outfit's largest round on record is $20M (Venture), in Feb 2020.

### Who backed Outfit first?

Outfit's first round on record, in Feb 2020, was backed by EVP and Five Elms Capital.

### What stage is Outfit at?

Outfit's latest named round is a Venture, in Jan 2023.

### Where is Outfit based?

Outfit is based in the United States.

## Companies like Outfit

In the same sector, and raised in the last eighteen months.

[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)[**1World Online** $25M · Sept 2026](https://millionrounds.com/company/1world-online)[**Luminary** $194M · Sept 2026](https://millionrounds.com/company/luminary)

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