OutSystems

OutSystems is the developer of web business applications and platform. The company provides Agile Platform to develop, deploy, manage and change web applications that are robust, ready to scale and based on standard technology, ensuring no vendor lock-in.

OutSystems platform helps organizations build enterprise-grade apps and transform their business faster, with an obsessive attention to detail crafted every aspect.

OutSystems was founded in Mar 1, 2001 by Paulo Rosado, & Rui Pereira. The company is based in Atlanta, Georgia with over 10 offices worldwide.

OutSystems is the only solution that combines the power of low-code development with advanced mobile capabilities, enabling visual development of entire application portfolios that easily integrate with existing systems.

OutSystems platform supports the widest range of enterprise applications. Some customers are using it to deliver mission-critical, efficient, reliable, and compliant solutions that replace aging legacy ERP/CRM systems.

 

OutSystems has thousands of customers from wide range of industries including Insurance, Banking, Local Government, Healthcare etc.. Some of their customers include AXA, FWD Insurance, McMillan Shakespeare Group, Randstad, Ricoh, and Schneider Electric.

 

OutSystems is backed by KKR, Goldman Sachs, Portugal Ventures, Armilar Venture Partners, North Bridge Venture Partners & Growth Equity and others. The company has raised a total of $422.1M in funding. Their latest fundraising was on Jun 05, 2018, when they secured $360M from a private equity round. The latest round also valued the company at over $1B.

 

OutSystems Recognized as a 2019 Gartner Peer Insights Customers’ Choice for Multiexperience Development Platforms. The company was also Awarded 2019 Software Innovator of the Year by Dutch IT Channel, as well as received Environmental Impact Award in 2018.

 

 

  • Year founded: 2001
  • Funding Info: $422.1M over 5 Rounds (Latest Funding type: Private Equity)
  • Yearly Revenue: $100M-$200M (2019)
  • Employee Size: 501-1,000
  • Business Valuation: Valued at $1B+ as of Jun 05, 2018
  • City/Town: Atlanta
  • State: Georgia
  • Country: United States
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