OutSystems
Founded Year
2001Stage
Private Equity - II | AliveTotal Raised
$800.41MValuation
$0000Last Raised
$228.4M | 2 yrs agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-40 points in the past 30 days
About OutSystems
OutSystems provides a low-code software-as-a-service (SaaS) platform for developing, deploying, and managing enterprise applications, incorporating AI to streamline the software development process. The company serves sectors that require scalable application solutions, including banking, insurance, government, and education. It was founded in 2001 and is based in Boston, Massachusetts.
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ESPs containing OutSystems
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The mobile app development market encompasses the creation, design, development, and distribution of software applications for mobile devices such as smartphones and tablets. It involves the process of building mobile apps for various platforms, including iOS, Android, and Windows. With the rise of mobile technology, companies are looking for ways to improve their processes and increase efficiency…
OutSystems named as Leader among 8 other companies, including JetBrains, Clarion Technologies, and Flowfactory.
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Expert Collections containing OutSystems
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
OutSystems is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
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Tech IPO Pipeline
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The tech companies we think could hit the public markets next, according to CB Insights data.
OutSystems Patents
OutSystems has filed 6 patents.
The 3 most popular patent topics include:
- diagrams
- integrated development environments
- software testing
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
3/31/2023 | 9/17/2024 | Source code, Programming paradigms, Software development process, Graphical user interface elements, Software testing | Grant |
Application Date | 3/31/2023 |
|---|---|
Grant Date | 9/17/2024 |
Title | |
Related Topics | Source code, Programming paradigms, Software development process, Graphical user interface elements, Software testing |
Status | Grant |
Latest OutSystems News
Jan 13, 2025
09 January 2025Consultancy.eu Dutch consulting firm IG&H has acquired Sourceful ICT, a software company specialized in low-code application development services. Headquartered in Poland, Sourceful ICT helps its clients with building mobile and web applications and solutions on technologies such as using .NET and Java, as well as low systems such as OutSystems. The firm’s 65-person team operates from offices in Kielce (Poland) and Almere (Netherlands). With the addition of Sourceful ICT, IG&H expands its technology and software business, which already has a strong track record in OutSystems work. “Sourceful ICT’s strong expertise in software development complement our capabilities in end-to-end digital transformation,” said Joost van de Meent, CEO of IG&H. “This partnership allows us to better serve our clients, not only as an OutSystems partner but also by expanding our high-code services. We look forward to working together to shape the future of digital transformation.” The deal is IG&H’s first since it closed two consulting-focused acquisitions in its home market last year. Earlier, the private equity-backed group also bolted-on a team of OutSystems experts in the Netherlands and Portugal. IG&H now has over 650 staff working from offices in three European countries. “Joining IG&H is an exciting step forward for us,” said Joanna Zielonka, CEO of Sourceful ICT. “It will strengthen our ability to support our clients by expanding our portfolio of services to help them achieve their digital transformation goals. We are excited to innovate together, especially in the fields of intelligent automation and AI. Our combined expertise in low-code, high-code development and data will lead to even more relevant and impactful solutions for our clients.”
OutSystems Frequently Asked Questions (FAQ)
When was OutSystems founded?
OutSystems was founded in 2001.
Where is OutSystems's headquarters?
OutSystems's headquarters is located at 44 Farnsworth St, Boston.
What is OutSystems's latest funding round?
OutSystems's latest funding round is Private Equity - II.
How much did OutSystems raise?
OutSystems raised a total of $800.41M.
Who are the investors of OutSystems?
Investors of OutSystems include KKR, Tiger Global Management, Abdiel Capital, Dcode Accelerate, General Atlantic and 11 more.
Who are OutSystems's competitors?
Competitors of OutSystems include Skuid, Appfarm, Oriana, Neptune Software, Joget and 7 more.
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Compare OutSystems to Competitors
Zvolv serves as a provider of intelligent process automation solutions in the field of hyper-automation. The company offers a low-code platform that enables rapid development and customization of business workflows, approvals, and system integrations to streamline operations. It primarily serves sectors that require process automation tools to enhance business efficiency. It was founded in 2018 and is based in Pune, India.
Unqork focuses on providing a codeless application development platform for the enterprise sector. Its main offerings include a visual designer for creating complex, mission-critical enterprise applications without the need for traditional coding. The company primarily serves sectors such as financial services, insurance, government, and healthcare. It was founded in 2017 and is based in New York, New York.
Kisai is a unified software development platform. It supports developers in transforming ideas into scalable products with enterprise-grade security, compliance, low-code development, and API-first backend services quickly. It provides cloud development environments, which will allow teams to work on their products securely from anywhere with just a browser. The company was founded in 2022 and is based in Hyderabad, India.
Quickbase operates as a company that focuses on providing a work and project management platform. The company offers a no-code platform that allows users to create, connect, and customize applications, facilitating project management, compliance management, resource management, and workflow management among other functions. Quickbase primarily serves sectors such as construction, solar, manufacturing, government, and retail. Quickbase was formerly known as OneBase. It was founded in 1999 and is based in Boston, Massachusetts.
CoverGo is an insurance platform that specializes in health, life, and property and casualty (P&C) insurance. The platform enables insurance companies to build and launch insurance products, manage policies, and handle claims without the need for coding. CoverGo's services assist insurers in product development, distribution, policy administration, and claims management. It was founded in 2016 and is based in New York, New York.
Ottho is a company focused on no-code education and training, operating within the professional development and e-learning sectors. The company offers a range of bootcamps and e-learning courses designed to teach individuals how to create digital applications and automate processes without coding knowledge. Ottho primarily serves individuals and organizations looking to develop digital products or improve operational efficiency through no-code solutions. It was founded in 2019 and is based in Marseille, France.
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