OutSystems

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OutSystems is a Portuguese low-code development platform^[2] which provides tools for companies to develop, deploy and manage omnichannel enterprise applications.

Key Information

Company type	Private
Industry	Enterprise Software Platform as a Service Digital Transformation
Founded	2001
Headquarters	Boston, MA - USA
Key people	Woodson Martin, CEO Teresa Occhiolini, CFO Carlos Alves, COO Tiago Azevedo, CIO June Duchesne, General Counsel Mark Quigley, Chief People Officer Andy Pemberton, Chief Revenue Officer
Products	OutSystems platform
Revenue	$100 Million(2018)[1]
Website	www.outsystems.com
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OutSystems was founded in 2001 by Paulo Rosado in Lisbon, Portugal.^[3]

In June 2018 OutSystems secured a $360M round of funding from KKR and Goldman Sachs and reached the status of Unicorn.^[4][5]

In February 2021 OutSystems raised another $150M investment from a round co-led by Abdiel Capital and Tiger Global Management, having a total valuation of $9.5 Billion.^[6] Ionic was acquired by OutSystems in November 2022.^[7]

OutSystems is a member of the Consortium of IT Software Quality (CISQ).

OutSystems is a low-code development platform for the development of mobile and web enterprise applications, which run in the cloud, on-premises or in hybrid environments.^[8]

In 2014 OutSystems launched a free version of the platform that provides developers with personal cloud environments to create and deploy web and mobile applications without charge.^[9] The current version is 11.53, for both the paid and unpaid versions.

• Official website