OutSystems

Linda-a-velha, Portugal Founded: 2001 • Age: 25 yrs
Low-code platform enables application development and deployment without coding.
Annual revenue $7.6M Latest available
Total funding $802.9M 7 rounds
Employees 88 Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Outsystems India Private Limited
  • Date of Incorporation 06 Apr, 2021
  • Jurisdiction Bangalore North, Karnataka, India
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $7.65 M (USD)
    154.52
    as on Mar 31, 2023
  • Net Profit
    $405.31 K (USD)
    234.08
    as on Mar 31, 2023
  • EBITDA
    $1.06 M (USD)
    203.95
    as on Mar 31, 2023
  • Total Equity Funding
    $802.95 M (USD)

    in 7 rounds

  • Latest Funding Round
    $230.97 M (USD), Series F

    Oct 30, 2022

  • Investors
    KKR

    & 7 more

  • Employee Count
    88

    as on Apr 05, 2024

  • Investments & Acquisitions
    Ionic

    & 1 more

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

People of OutSystems

Headcount 1000-5000
Employee Profiles 616
Board Members and Advisors 9
Employee Profiles
People
Mark Zydonik
Senior Account Executive
People
Zhi Liang
Senior Architect
People
Glen Zimmerman
Senior Director, Analyst Influencer Relations
People
Soraia Cassamo
Digital Transformation Director

Unlock access to complete

Board Members and Advisors
people
Kara Wilson
Board Member
people
Christian Resch
Board Member
people
Stephen Shanley
Board Member
people
Paulo Rosado
Founder & Chairman

Unlock access to complete

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multiple sectors are invested in by this private equity firm.
Locked Locked Locked
Investment management services are offered by Abdiel Capital.
Locked Locked Locked
Venture and private equity investments are managed with global diversification.
Locked Locked Locked
Premium access

Investor details for OutSystems

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by OutSystems

OutSystems has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Ionic and Ionic.

Investments
Premium access

Investment portfolio details for OutSystems

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based cross-platform application development solutions are provided.
Locked Locked 2012 Locked
Mobile applications are built and deployed from a single codebase.
Locked Locked 2012 Locked
Premium access

Complete acquisition details for OutSystems

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - OutSystems

Premium access

Detailed financials for OutSystems

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Outsystems Comparisons

OutSystems Primary company
Description
Low-code platform enables application development and deploy...
Location
Linda-a-velha, Portugal
Founded Year
2001
Annual Revenue
$7.65 M (USD)
Net Profit
$405.31 K (USD)
EBITDA
$1.06 M (USD)
Employees
88
As of 2024
Premium access

Peer comparison for OutSystems

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

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
Locked Locked Locked
Cloud-based software for continuous application development and deployment.
Locked Locked Locked
Open-source business management software is developed with integrated modules.
Locked Locked Locked
Cloud-based low-code platform enables application development and automation.
Locked Locked Locked
Cloud-based no-code platform for web application development is utilized.
Locked Locked Locked
Split is recognized for providing feature management solutions.
Premium access

Detailed competitors of OutSystems

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Outsystems

Premium access

Complete news archive for OutSystems

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

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 made 2 acquisitions, including Ionic, and Ionic.

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.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available