OutSystems logo — Build your agentic future with the only AI development platf...

OutSystems

Build your agentic future with the only AI development platform that is unified, agile, and enterprise-proven.

Founded 2001 United States Boston, United States 2202 employees Growth Total: $776.20M AI, Data Analytics +4

General Information

Company Name OutSystems
Founded Year 2001
Location United States Boston, United States
Founders / Decision Makers
Team member Team member
Employees 2202
Industries AI, Data Analytics, DevOps +3
Funding Stage Growth
Business Model B2B, Platform, PaaS
Revenue Model Subscription, Tiered Pricing, Usage Based

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About OutSystems

OutSystems is revolutionizing the enterprise application landscape with its AI-focused development platform, positioning itself as a critical player for organizations looking to advance their digital capabilities. Established in 2001, OutSystems offers a robust platform that accelerates app development up to tenfold compared to traditional methods, utilizing agentic and generative AI.

The platform is designed to help enterprises modernize legacy systems through bespoke applications while ensuring comprehensive lifecycle management. OutSystems boasts a global reach with active customers in 80 countries and serves 21 industries, supported by a vibrant ecosystem of over 900,000 community members and 600+ partners.

Headquartered in the United States, OutSystems recently secured a significant growth equity investment of $231.80M in January 2023, led by KKR, underscoring its robust appeal to savvy investors. The company continues to attract attention from industry leaders for its innovative approach in AI, data analytics, and developer tools.

Business keywords: AI Development Platform, Generative AI, Enterprise Applications, Legacy Modernization, Automated SDLC, Cloud-Native Development, Application Security, DevSecOps, Full-Stack Development, Integration Solutions, Business-Critical Applications, Agentic AI, Web and Mobile Development, Automated Testing and QA, Real-Time Monitoring

Services & Products

AI-powered application development
Enterprise-grade app solutions
Custom AI agent creation
Integration with existing systems
Lifecycle management

Target Customers

Large enterprises Financial services Insurance companies Government sectors Manufacturing industries Healthcare providers Retail businesses

Pricing

as listed on Sep 29, 2026

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Growth Equity VC $231.80M 1
KKR
01 Jan 2023
Growth Equity VC €123.00M 2
Abdiel Capital, Tiger Global
01 Feb 2021
Growth Equity VC $360.00M 2
Goldman Sachs, KKR
01 Jun 2018
Series C $55.00M 2
Portugal Ventures, Armilar Venture Partners
01 Feb 2016
Series B $3.20M 1
Armilar Venture Partners
01 Jun 2007
Series B $2.20M -
01 Mar 2005
Spinout $1.00M 1
Portugal Ventures
01 Mar 2001

OutSystems Alternatives & Competitors

OutSystems vs
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OutSystems vs
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FAQ About OutSystems

Build your agentic future with the only AI development platform that is unified, agile, and enterprise-proven.
OutSystems was founded in 2001.
OutSystems is headquartered in Boston, United States.
OutSystems operates in AI, Data Analytics, DevOps, Developer Tools, Platforms and SaaS. Its work centres on AI Development Platform, Generative AI, Enterprise Applications and Legacy Modernization. Its customers include Large enterprises, Financial services and Insurance companies.
OutSystems has a B2B, Platform and PaaS business model. Its revenue comes from Subscription, Tiered Pricing and Usage Based.
As listed on OutSystems's pricing page on Sep 29, 2026: On request.
OutSystems has approximately 2202 employees.
OutSystems has completed 7 funding rounds, raising a total of $776.20M. The latest funding stage is Growth.
OutSystems offers: AI-powered application development, Enterprise-grade app solutions, Custom AI agent creation, Integration with existing systems, Lifecycle management.
Top alternatives and competitors to OutSystems include Bright, Equixly, Tetrate, Apcera, Hansel & Baum Group (H&BG). These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
OutSystems and Bright are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for OutSystems, https://bouncewatch.com/company/outsystems, updated 20 May 2026. When citing, please name BounceWatch and link this page.

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