OutSystems

company

About

OutSystems is a low-code platform that enables businesses to develop, deploy, and manage enterprise-grade apps.

  • 1001 - 5000

Details

Last Funding Type
Seed
Last Funding Money Raised
€1M
Industries
Data Integration,Developer Platform,Developer Tools,PaaS,SaaS,Software
Founded date
Jan 1, 2001
Number Of Employee
1001 - 5000
Operating Status
Active

OutSystems is a low-code platform that enables businesses to develop, deploy, and manage enterprise-grade apps.

The modern application platform's high productivity, connected, and AI-assisted tools help developers to innovate through software. It enables organizations to build applications that transform the customer experiences, delivers workplace innovation, automates processes, or modernizes core systems faster. OutSystems makes this possible by combining the power of low-code tools with advanced development capabilities, enabling visual development of entire applications that easily integrate with existing systems. The company is backed by investors such as Abdiel Capital, Tiger Global Management, Goldman Sachs, Kohlberg Kravis Roberts, North Bridge Venture Partners & Growth Equity, and Armilar Venture Partners.

Paulo Rosado and Rui Pereira co-founded the Boston, Massachusett-based company in 2001.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
€1M $740M
OutSystems has raised a total of €1M $740M in funding over 2 rounds. Their latest funding was raised on Oct 15, 2022 from a Series G round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 15, 2022 Series G $230M 1 Kohlberg Kravis Roberts Detail
Feb 17, 2021 Series E $150M 1 Detail
Jun 5, 2018 Series D $360M 1 Kohlberg Kravis Roberts Detail
Mar 1, 2001 Seed €1M 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
2
OutSystems is funded by 2 investors. Kohlberg Kravis Roberts and NeSBIC CTe Fund are the most recent investors.
Investor Name Lead Investor Funding Round
Kohlberg Kravis Roberts Yes Series G
NeSBIC CTe Fund Seed

Acquisition

OutSystems has acquired 1 organizations. Their most recent acquisition was Ionic on Nov 6, 2022. They acquired Ionic for 0.

Date Company Name
Industry Acquisition Type Price
Nov 6, 2022 Ionic
Developer Tools acquisition Detail