What is OutSystems?
Headquartered in Boston, Massachusetts, OutSystems provides a comprehensive low-code platform that empowers organizations to build, deploy, and manage custom applications with unprecedented speed. The platform serves as a critical engine for digital transformation, facilitating solutions ranging from legacy modernization and field service optimization to complex business process management and SAP extensions. By abstracting the complexities of traditional software development, OutSystems enables developers to focus on delivering high-impact business value, effectively bridging the gap between IT agility and enterprise-grade scalability.
How much funding has OutSystems raised?
OutSystems has raised a total of $569.2M across 5 funding rounds:
Other Financing Round
$930K
Other Financing Round
$3.2M
Private Equity
$55M
Private Equity
$360M
Other Financing Round
$150M
Other Financing Round (2001): $930K with participation from NeSBIC CTe Fund
Other Financing Round (2007): $3.2M led by ES Ventures
Private Equity (2016): $55M supported by Portugal Capital Ventures, ES Ventures, and North Bridge Venture Partners
Private Equity (2018): $360M featuring Goldman Sachs and KKR & Co.
Other Financing Round (2021): $150M backed by Tiger Global and Abdiel Capital
Key Investors in OutSystems
Goldman Sachs
Goldman Sachs is a leading global investment banking and management firm providing strategic advisory and capital market services to institutional clients worldwide.
North Bridge Venture Partners
North Bridge Venture Partners is a firm focused on providing seed-to-growth financing to disruptive startups with the potential to become market leaders.
Portugal Capital Ventures
Portugal Ventures is a venture capital firm specializing in early-stage investments across digital, engineering, and life sciences sectors with a focus on global scalability.
What's next for OutSystems?
With the recent infusion of $150M, OutSystems is well-positioned to deepen its market penetration and enhance its product suite. The strategic focus will likely center on expanding its AI-driven development capabilities and strengthening its presence in key global markets. As enterprises continue to prioritize operational efficiency and rapid application delivery, OutSystems is poised to capitalize on the growing demand for low-code infrastructure. The company's ability to maintain its competitive edge will depend on its continued innovation in cloud-native architecture and its capacity to support increasingly complex, mission-critical business environments.
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