Out Systems revenue hit $206.6 million in 2023
Out Systems valuation more than $9.5 billion
Out Systems team size is 1614 employees
Out Systems
55 Thomson Pl , 2nd floor Boston, Ma, United States
How Out Systems hit $206.6M Revenue with 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
$206.6M
2022 Revenue
YOY
$572.1M
Funding
Out Systems Revenue
In 2022, Out Systems revenue run rate hit $206.6M in revenue.
2021
Out Systems hit $206.6M in revenue in 2021
2018
Out Systems hit $103M in revenue in 2018
2016
Out Systems hit $48.6M in revenue in 2016
2001
Out Systems launched in 2001 with $0 revenue
Out Systems Funding History
2021 Series E
Out Systems raised a Series E of $150M at a $9.5B valuation in February 2021
2018 Series D
Out Systems raised a Series D of $360M
2016 Series C
Out Systems raised a Series C of $55M
2007 Series B
Out Systems raised a Series B of $3.2M
2005 Series B
Out Systems raised a Series B of $2.7M
2001 Seed Round
Out Systems raised a Seed Round of $1.2M
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 02/17/2021 | Series E | $150M | $9.5B |
| 06/05/2018 | Series D | $360M | |
| 02/02/2016 | Series C | $55M | |
| 06/21/2007 | Series B | $3.2M | |
| 03/08/2005 | Series B | $2.7M | |
| 03/01/2001 | Seed Round | $1.2M |
Team
Out Systems has 1614 total employees and 183 sales reps that carry a quota. They have 300000 customers an engineering team of 486
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 1614 |
| Engineer | 486(30%) |
| Sales | 183(11%) |
| Marketing | 0(0%) |
CEO/Founder
Paulo Rosado
Q&A
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Customers
Out Systems has 300K customers.
Lifetime Months
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x
Monthly ARPU
-
=
Lifetime Dollar
-
Acquisition Cost
-
Average Annual Price
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Churn
Out Systems has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About Out Systems
Monthly Revenue
$17.2M
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
Out Systems Board of Directors
| Name | Position |
|---|---|
| Paulo Rosado | Board Member |
| Rui Pereira | Board Member |
| Christian Resch | Board Member |
| Kara Wilson | Board Member |
| Joaquim Rodrigues | Board Member |
| Stephen Shanley | Board Member |
| Anu Bharadwaj | Board Member |
Out Systems Executives
| Name | Position |
|---|
Out Systems Employees
| Name | Position |
|---|---|
| Paulo Rosado | Board Member |
| Rui Pereira | Board Member |
| Christian Resch | Board Member |
| Kara Wilson | Board Member |
| John Park | Investor |
| Joaquim Rodrigues | Board Member |
| Stephen Shanley | Board Member |
| Anu Bharadwaj | Board Member |
| Russell Pyle | Investor |
Frequently Asked Questions about Out Systems
When was Out Systems founded?
Out Systems was founded in 2001.
How much revenue does Out Systems generate?
Out Systems generates $206.6M in revenue.
Who is the CEO of Out Systems?
The CEO of Out Systems is Paulo Rosado.
How much funding does Out Systems have?
Out Systems raised $572.1M.
How many employees does Out Systems have?
Out Systems has 1614 employees.
Where is Out Systems headquarters?
Out Systems is headquartered in United States