Out Systems
55 Thomson Pl , 2nd floor, Boston, Massachusetts, United States
How Out Systems hit $262.8M revenue and 300K customers in 2023.
OutSystems is a low-code development platform that enables businesses to rapidly build and deploy custom enterprise applications. The platform offers a visual development environment, pre-built templates, and integrations with third-party systems, enabling developers to build applications quickly and efficiently without requiring extensive coding skills. OutSystems also provides features such as collaboration tools, automated testing, and version control, which enable teams to work together seamlessly and deliver high-quality applications. The platform supports the full application lifecycle, from design and development to deployment and management. OutSystems aims to help businesses overcome the challenges of traditional application development, reducing costs, and accelerating time to market. The company was founded in 2001 and is headquartered in Boston, Massachusetts, with additional offices in Lisbon, London, Amsterdam, and Dubai.
2001
Founded
$262.8M
2023 Revenue
13.6%
YOY
$802.1M
Funding
Out Systems Revenue
In 2023, Out Systems revenue run rate hit $262.8M in revenue.
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2023
Out Systems hit $262.8M in revenue in 2023
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2021
Out Systems hit $206.6M in revenue in 2021
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2021
Out Systems hit $145.3M in revenue in 2021
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2018
Out Systems hit $103M in revenue in 2018
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2016
Out Systems hit $48.6M in revenue in 2016
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2001
Out Systems launched in 2001 with $0 revenue
Out Systems Funding History
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2021 Series E
Out Systems raised a Series E of in February, 2021
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2020 Venture Round
Out Systems raised a Venture Round of in September, 2020
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2018 Series D
Out Systems raised a Series D of in June, 2018
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2016 Series C
Out Systems raised a Series C of in February, 2016
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2007 Series B
Out Systems raised a Series B of in June, 2007
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2005 Series B
Out Systems raised a Series B of in March, 2005
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2001 Seed Round
Out Systems raised a Seed Round of in March, 2001
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| February, 17 2021 | Series E | ||
| September, 15 2020 | Venture Round | ||
| June, 05 2018 | Series D | ||
| February, 02 2016 | Series C | ||
| June, 21 2007 | Series B | ||
| March, 08 2005 | Series B | ||
| March, 01 2001 | Seed Round |
Team
Out Systems has 2,124 total employees and 183 sales reps that carry a quota. They have 300,000 customers an engineering team of 486
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 2.1K |
| Engineer | 486 (23%) |
| Sales | 183 (9%) |
Founder / CEO
Paulo Rosado
Q&A
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What's your age?
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Favorite online tool?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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Customers
Churn
Out Systems Board of Directors
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Paulo Rosado | Board Member | [email protected] | - |
| Rui Pereira | Board Member | [email protected] | - |
| Christian Resch | Board Member | [email protected] | - |
| Kara Wilson | Board Member | - | - |
| Joaquim Rodrigues | Board Member | [email protected] | - |
| Stephen Shanley | Board Member | [email protected] | - |
| Anu Bharadwaj | Board Member | [email protected] | - |
Out Systems Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| John Park | Investor | - | - |
| Russell Pyle | Investor | [email protected] | - |
Frequently Asked Questions about Out Systems
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When was Out Systems founded?
Out Systems was founded in 2001.
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How much revenue does Out Systems generate?
Out Systems generates $262.8M in revenue.
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Who is the CEO of Out Systems
The CEO of Out Systems is Paulo Rosado.
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How much funding does Out Systems have?
Out Systems raised $802.1M.
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How many employees does Out Systems have?
Out Systems has 2.1K employees.
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Where is Out Systems headquarters?
Out Systems is headquartered at 55 Thomson Pl , 2nd floor, Boston, Massachusetts, United States
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