OutSystems

OutSystems

Private
Boston, MassachusettsEnterprise Softwarehttps://www.outsystems.com

Last Round

Private Equity

10/30/2022

Est. Valuation

$4.3B

Total Funding Raised

$800.5M

Company Overview

OutSystems is a software development company that offers an application and delivery platform for creating, deploying, managing, and modifying scalable web applications with integrated custom code, all while avoiding vendor lock-in.

Sector

Enterprise Software

Verticals

Low-Code/No-Code, Platform-as-a-Service, Workflow Automation, Customer Experience

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting, Freemium, Government Contracts

AI Layer

Application

Keywords

low-code platformlow codeenterprise app developmentrapid application developmentapplication modernizationAI-powered developmentmobile app developmentbusiness process automationweb app developmentvisual developmentAI agent buildersAI-assisted codingFedRAMP authorizedgovernment softwareon-premise deploymenthybrid cloud

Historical Pricing

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Caplight Momentum Score

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OutSystems Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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OutSystems Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Private Equity10/30/2022
Series E2/17/2021
Private Equity6/5/2018
Series C2/2/2016
Series B6/21/2007
Series A
2/15/2005

Key People

Founding team and executive leadership

Pedro Braz Caria

CEO Office - Global Director

Executive Team

Susana Fernandes

Senior Comms And Content Specialist, CEO Office

Executive Team

OutSystems Investors

Notable investors and investment history

InvestorRounds
KKRSeries E, Private Equity
Armilar Venture PartnersSeries B, Series E, Private Equity
PME InvestimentosSeries A
SonaeSeries E
Abdiel CapitalSeries E
Tiger Global ManagementSeries E
Portugal VenturesSeries C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 31, 2026

    Launched Agentic Systems Engineering for enterprise AI.

  • Mar 17, 2026

    Ranked #1 on G2's Best Development Software list.

OutSystems Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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OutSystems Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersBoston, Massachusetts
Employee Range2,090
Year Founded2001
Last Funding10/30/2022

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