OutSystems
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OutSystems is an AI development platform designed for building, deploying, and managing AI apps and agents to accelerate enterprise development.[1][2][3]
Founded in 2001 in Lisbon, Portugal, OutSystems later established headquarters in Boston, Massachusetts.[4][5]
History
OutSystems was founded in 2001 by Paulo Rosado in Lisbon, Portugal.[5]
In 2018, the company raised $360 million in a funding round involving KKR and Goldman Sachs.[6][7] The company reported generating $100 million in revenue (at the time of its 2018 reporting).[5]
In 2021, OutSystems raised $150 million at a reported $9.5 billion valuation in a round led by Abdiel Capital and Tiger Global.[4][8]
In 2025, OutSystems appointed Woodson Martin as CEO, with founder Paulo Rosado transitioning to chairman.[9]
Products and technology
AI development platform
OutSystems an enterprise-proven AI development platform. It provides one platform to manage AI apps and agents across the full development lifecycle. It has been rated highly in customer satisfaction[10]
OutSystems Developer Cloud (ODC)
In 2021, OutSystems announced a cloud-based development platform known as “Project Neo,” made available for public preview ahead of a planned 2022 launch.[11] The platform uses a container- and Kubernetes-based architecture.[11]
In 2022, OutSystems Developer Cloud (ODC) was described as a cloud-native platform aimed at supporting large-scale application delivery and omnichannel experiences.[2]
AI and agentic capabilities
Mentor
Mentor (introduced in October 2024) is an AI-powered digital assistant intended to support software development lifecycle activities, combining low-code development with generative AI and AI-driven guidance.[12][13] OutSystems Mentor is part of the ODC.[12]
Agent Workbench
In 2025, OutSystems announced the general availability of Agent Workbench, designed for building and managing enterprise AI agents and agentic systems.[14][15][16]
Acquisitions
In 2022, OutSystems acquired Ionic, the company behind the Ionic framework and related mobile development tools.[17][18] The acquisition was described as expanding OutSystems’ capabilities related to mobile app development and cross-platform delivery.[18]
Security and compliance
In 2026, OutSystems announced it had achieved FedRAMP Authorization, positioning the platform for use cases requiring U.S. federal security compliance.[19]
Recognition
OutSystems has been included in G2’s 2026 Best Software Awards lists, including ranking #11 on G2’s “Best Development Software Products” list.[20]
References
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External links
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- Gartner reviews: OutSystems