Out Systemsrevenue, valuation & funding
Other Collaboration SoftwareBoston, MassachusettsFounded 2001
OutSystems is a low-code development platform that enables businesses to rapidly build and deploy custom enterprise applications.
Out Systems revenue
Out Systems has not published its revenue. GetLatka estimates it at about $331.6M a year (October 2024).
All 6 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Feb 2016 | $48.6M | – |
| Jun 2018 | $103M | – |
| Feb 2021 | $145.3M | – |
| Jun 2021 | $206.6M | – |
| Oct 2023 | $262.8MEST. | GetLatka estimate |
| Oct 2024 | $331.6MEST. | GetLatka estimate |
– source not recorded
Out Systems valuation
Out Systems is privately held, so there is no Out Systems stock to buy. Investors valued it at $9.5B in its February 2021 Series E.
Out Systems funding rounds & investors
Out Systems has raised $572.1M across six rounds since 2001. The latest was a $150M Series E in February 2021.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Feb 2021 | Series E | $150M | $9.5B |
| Jun 2018 | Series D | $360M | – |
| Feb 2016 | Series C | $55M | – |
| Jun 2007 | Series B | $3.2M | – |
| Mar 2005 | Series B | $2.7M | – |
| Mar 2001 | Seed | $1.2M | – |
| Total raised | $572.1M |
Out Systems competitors
Out Systems competes most directly with Appian and Mendix.
Appian
MendixOut Systems employees
Out Systems has 2,040 employees (November 2025, LinkedIn).
BoardPaulo Rosado, Rui Pereira, Christian Resch, Kara Wilson, Joaquim Rodrigues, Stephen Shanley, Anu Bharadwaj
InvestorsJohn Park, Russell Pyle
All 7 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Nov 2025 | 2,040 | |
| Nov 2025 | 2,042 | – |
| Mar 2024 | 2,124 | Latka Top 250 List |
| Oct 2023 | 2,118 | |
| Oct 2022 | 2,037 | |
| Dec 2021 | 1,998 | |
| Feb 2021 | 1,614 | – |
Out Systems FAQ
What is Out Systems' revenue?
GetLatka estimates Out Systems' revenue at about $331.6M a year (October 2024). The company hasn't published its own figure.
What is Out Systems' valuation?
Investors valued Out Systems at $9.5B in its February 2021 Series E.
How much funding has Out Systems raised?
Out Systems has raised $572.1M across six funding rounds. The latest was a $150M Series E in February 2021.
Is Out Systems publicly traded?
No. Out Systems is a private company, so its shares aren't traded on a stock exchange.
How many employees does Out Systems have?
Out Systems has 2,040 employees as of November 2025, according to LinkedIn.
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How this page is sourced
5 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 3, 2026Data disclaimerReport a correctionClaim this profileRun Out Systems? Join the podcast