About OutSystems
OutSystems is a company based in Linda-a-velha (Portugal) founded in 2001 by Carlos Alves and Paulo Rosado. OutSystems has raised $802.95 million across 7 funding rounds from investors including KKR, Abdiel Capital and Tiger Global. The company has 88 employees as of April 05, 2024. OutSystems has completed 2 acquisitions, including Ionic and Ionic. OutSystems operates in a competitive market with competitors including Netlify, Odoo, Appian, Bubble and Split, among others.
- Headquarter Linda-a-velha, Portugal
- Employees 88 as on 05 Apr, 2024
- Founders Carlos Alves, Paulo Rosado
- Stage Unicorn
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Sectors
Technology
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Phone
Locked
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Website
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Social
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- Legal Name Outsystems India Private Limited
- Date of Incorporation 06 Apr, 2021
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$7.65 M (USD)154.52as on Mar 31, 2023
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Net Profit
$405.31 K (USD)234.08as on Mar 31, 2023
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EBITDA
$1.06 M (USD)203.95as on Mar 31, 2023
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Total Equity Funding
$802.95 M (USD)
in 7 rounds
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Latest Funding Round
$230.97 M (USD), Series F
Oct 30, 2022
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Investors
KKR
& 7 more
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Employee Count
88
as on Apr 05, 2024
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Investments & Acquisitions
Ionic
& 1 more
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People of OutSystems
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Software Development Team
256 people
Leadership Team
73 people
Product Management Team
42 people
Sales and Marketing
37 people
Human Resources and Administration
26 people
Senior Team
23 people
Global Team
22 people
Finance and Accounting
18 people
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Funding Insights of OutSystems
OutSystems has successfully raised a total of $802.95M across 7 strategic funding rounds. The most recent funding activity was a Series F round of $230.97 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in OutSystems
OutSystems has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include KKR, Abdiel Capital and Tiger Global.
| Investor | Description | Founded Year | Domain | Location |
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Multiple sectors are invested in by this private equity firm.
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Investment management services are offered by Abdiel Capital.
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Venture and private equity investments are managed with global diversification.
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Investor details for OutSystems
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Investments & Acquisitions by OutSystems
OutSystems has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Ionic and Ionic.
Investment portfolio details for OutSystems
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based cross-platform application development solutions are provided.
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Mobile applications are built and deployed from a single codebase.
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Complete acquisition details for OutSystems
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Verified entity values are shown only after access is granted.
Financial Statements - OutSystems
Detailed financials for OutSystems
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- Profit trends
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Outsystems Comparisons
Peer comparison for OutSystems
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Competitors of OutSystems
OutSystems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Netlify, Odoo, Appian, Bubble and Split, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based software for continuous application development and deployment.
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Open-source business management software is developed with integrated modules.
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Cloud-based low-code platform enables application development and automation.
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Cloud-based no-code platform for web application development is utilized.
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Split is recognized for providing feature management solutions.
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Detailed competitors of OutSystems
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Latest news on Outsystems
Complete news archive for OutSystems
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Frequently Asked Questions about OutSystems
OutSystems was founded in 2001.
OutSystems is headquartered in Linda-a-velha, Portugal.
OutSystems is a funded company, having raised a total of $802.95M across 7 funding rounds to date.
As of Apr 05, 2024, the latest employee count at OutSystems is 88.
Annual revenue of OutSystems is $7.65M as on Mar 31, 2023.
OutSystems was founded in 2001 in Linda a Velha, Portugal. A low-code platform is provided for building and deploying applications without extensive coding. Templates are utilized for customization, with features including business process management, legacy modernization, DevOps tools, and monitoring. The platform supports industries such as healthcare, education, and insurance.
OutSystems's top competitors include Netlify, DigitalOcean and LaunchDarkly.
OutSystems has 8 investors. Key investors include KKR, Abdiel Capital, Tiger Global, Guidepost Growth Equity, and Armilar Venture Partners.
The valuation of OutSystems is $9.5B as of Feb 2021.