OutSystems - About the company
OutSystems is a series F company based in Linda A Velha (Portugal), founded in 2001 by Paulo Rosado, Carlos Alves and Rui Pereira. It operates as a Developer of a low-code platform with AI-powered application development capabilities. OutSystems has raised $803M in funding from investors like KKR, Tiger Global Management and North Bridge Venture Partners, with a current valuation of $9.5B. The company has 1656 active competitors, including 197 funded and 96 that have exited. Its top competitors include companies like Netlify, Vercel and Gitlab.
Company Details
Developer of a low-code platform with AI-powered application development capabilities. The platform enables the creation of enterprise applications and custom agents. It facilitates the automation of workflows and processes. The platform also allows for integration with existing systems.
- Website
- www.outsystems.com/
- Social
- Phone Number
- +1 **********
- Registered Address
- RIDSHAW FARM,BUCKHURST ROAD,BURY,ENGLAND,BL9 6TA
Legal entities associated with OutSystems
OutSystems is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
OUTSYSTEMS LIMITED CIN: 8360814 , United Kingdom, Active | Jan 14, 2013 | £10M - £50M (As on Dec 31, 2024) | 46 (As on Dec 31, 2024) | |
SYSTEM CODE SOLUTIONS LTD CIN: 7519163 , United Kingdom, Active | Feb 06, 2011 | £0 - £1M (As on Feb 28, 2024) | 2 (As on Feb 27, 2023) | |
OUTSYSTEMS INDIA PRIVATE LIMITED CIN: U72900KA2021FTC146165 , India, Active | Apr 06, 2021 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 70 (As on Aug 01, 2025) |
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OutSystems's funding and investors
OutSystems has raised a total funding of $803M over 7 rounds. Its first funding round was on Oct 2001. Its latest funding round was a Series F round on Oct 30, 2022 for $231M. 1 investor participated in its latest round. OutSystems has 15 institutional investors.
Here is the list of recent funding rounds of OutSystems:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 30, 2022 | $231M | Series F | - | - | - | |
Feb 15, 2021 | $150M | Series E | $9.5B | 318030.3x | ||
Jun 05, 2018 | $360M | Series D | $1B | 26867.0x |
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OutSystems' founders and board of directors
Founder? Claim ProfileHere are the details of OutSystems' key team members:
- Paulo Rosado: Co-Founder of OutSystems. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Carlos Alves: Co-Founder of OutSystems. Contact Info: 1 email address
- Rui Pereira: Co-founder, Board Member of OutSystems.
View details of OutSystems's Founder profiles and Board Members
OutSystems' employee count trend
OutSystems has 2,238 employees as of Aug 26. Here is OutSystems's employee count trend over the years:
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OutSystems's Competitors and alternates
Top competitors of OutSystems include Netlify, Vercel and Gitlab. Here is the list of Top 10 competitors of OutSystems, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Netlify 2013, San Francisco (United States), Series D | Provider of a platform for web application development and deployment | $212M | 84/100 | |
2nd | Vercel 2015, Covina (United States), Series F | Provider of cloud infrastructure and developer tools for web applications | $863M | 82/100 | |
3rd | Gitlab 2011, San Francisco (United States), Public | Provider of a platform for software development, security, and delivery | $435M | 81/100 | |
4th | DigitalOcean 2011, New York City (United States), Public | Provider of cloud infrastructure, virtual machines, and managed database hosting | $174M | 80/100 | |
5th | Appian 1999, Reston (United States), Public | Cloud based low code application development and automation platform | $47.5M | 76/100 | |
6th | Bubble 2012, New York City (United States), Series A | Cloud based no code web application development tool | $106M | 74/100 | |
7th | Heroku 2007, San Francisco (United States), Acquired | Saas based provider of integrated platform as a service solutions | $17M | 73/100 | |
8th |  Temporal 2019, Seattle (United States), Series E | Platform offering integrated cloud application development solution | $1.2B | 70/100 | |
9th | CloudBees 2010, San Jose (United States), Series F | Provider of software delivery platform for continuous integration and continuous delivery | $241M | 70/100 | |
10th | Cortex 2019, San Francisco (United States), Series C | Developer of an internal developer portal using AI technology | $112M | 69/100 | |
12th | OutSystems 2001, Linda A Velha (Portugal), Series F | Developer of a low-code platform with AI-powered application development capabilities | $803M | 68/100 |
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OutSystems's Investments and acquisitions
OutSystems has acquired 2 companies including Ionic and Ionic. OutSystems has not made any investments as of now.Reports related to OutSystems
Here is the latest report on OutSystems's sector:
News related to OutSystems
Filter this listMedia has covered OutSystems for a total of 18 events in the last 1 year, 8 of them have been about company updates and 2 about partnerships.
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OutSystems Launches Agentic Loan Applications to Modernize Consumer LendingGlobal Fintech Series•Aug 28, 2026•OutSystems
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OutSystems Ranks #1 in G2’s Enterprise Grid® Report for AI App Builders, Named a Leader in Agentic AIBusiness Wire•Aug 25, 2026•OutSystems
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Low-code fintech OutSystems bags $9.5bn valuation in $150m raiseFinTech Futures•May 28, 2026•OutSystems
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Informatica expands AWS integration for enterprise AI agentsExpress Computer•May 22, 2026•Amazon Web Services, Informatica, Accenture, Workday and 1 other
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OutSystems Introduces Agentic Systems Engineering to Power Governed, Open Enterprise AIBusiness Wire•Mar 31, 2026•OutSystems
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OutSystems Secures Top Spot on G2’s 2026 Best Development Software ListBusiness Wire•Feb 18, 2026•OutSystems
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Composable Architecture Build, Buy, Blend - The Flexible Strategy for Modern ITIndustrial Explorer•Jan 30, 2026•OutSystems
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