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OutSystems www.outsystems.com
Research Team Data Active
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Description
Summary Enterprise AI development and low-code platform for building, deploying, modernizing and governing mission-critical applications and AI agents.
Description 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.
Positioning Agentic systems platform / AI development platform for enterprise apps and agents
Key facts
HQ location Boston, MA, USA; Linda-a-Velha/Lisbon, Portugal
Founded 2001
Employee range 1001-5000
Company type Private
Pricing model custom quote, subscription
Last updated Jun 21, 2026
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)
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
Segments & Industries
Segments AI Workflows, AI Agents, AI Developer Tools, Knowledge & RAG, Document AI, LLM Deployment, AI Quality & Observability, Traditional ML, AI Governance & Risk, Chatbots, Analytics & BI