OutSystems
Research Team Data
Published
Agentic systems platform / AI development platform for enterprise apps and agents
Company profile
Overview
Enterprise AI development and low-code platform for building, deploying, modernizing and governing mission-critical applications and AI agents.
OutSystems provides an AI development / agentic systems platform built on low-code app development, Agent Builder, Agent Workbench, Mentor and governance for enterprise applications and agents.
At a glance
Key facts
- HQ location
- Boston, MA, USA; Linda-a-Velha/Lisbon, Portugal
- Founded
- 2001
- Employee range
- 1001-50002,000-5,000
- Company type
- Private
- Last updated
- Pricing model
- Custom QuoteSubscriptionCustom enterprise subscription; priced by application, users and advanced add-ons
Business context
Financials
- Revenue estimate
- Surpassed €500M revenue (announced May 2025); third-party estimates vary
- Valuation estimate
- $9.5B 2021 round valuation; later secondary/primary valuations reportedly lower
- Investments
- $805M total raised (including 2018 and 2021 major rounds; public estimates vary)
Market context
Relationships
- Target customers
- Large enterprises, CIO/IT organizations, professional developers, application development teams, and business transformation teams
- Key competitors
- Mendix, Appian, Microsoft Power Apps, ServiceNow App Engine, Pegasystems, Retool, Unqork
- Known customers
- Toyota Motor Corporation, Schneider Electric, Thermo Fisher Scientific, Clarins
Source context
Classification (raw research text)
- Core focus
- AI-powered low-code app development, agent orchestration, app modernization and lifecycle governance
- Core industry
- Enterprise software
- Core category
- AI development / low-code application platform
Shown verbatim from the research spreadsheet — deriving structured industry tags from this text is a future phase.
Market taxonomy
Segments, Industries & Certifications
Segments
AI WorkflowsAI AgentsAI Developer ToolsKnowledge & RAGDocument AILLM DeploymentAI Quality & ObservabilityTraditional MLAI Governance & RiskChatbotsAnalytics & BI