OutSystems
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Company type | Private |
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| Headquarters | Boston, Massachusetts, USA |
Key people | Woodson Martin, CEO Fay Sien Goon, CFO Carlos Alves, COO Tiago Azevedo, CIO Kris Lande, Chief Marketing Officer June Duchesne, General Counsel Mark Quigley, Chief People Officer Kim Seabrook, Chief Revenue Officer Mariana Quintanilha, Chief of Staff |
| Products | OutSystems platform |
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| Website | www |
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OutSystems is an AI development platform designed for building, deploying, and managing AI apps and agents to accelerate enterprise development.[2][3][4]
Founded in 2001 in Lisbon, Portugal, OutSystems later established headquarters in Boston, Massachusetts.[5][6]
History
OutSystems was founded in 2001 by Paulo Rosado in Lisbon, Portugal.[6]
In 2018, the company raised $360 million in a funding round involving KKR and Goldman Sachs.[7][8] The company reported generating $100 million in revenue (at the time of its 2018 reporting).[6]
In 2021, OutSystems raised $150 million at a reported $9.5 billion valuation in a round led by Abdiel Capital and Tiger Global.[5][9]
In 2025, OutSystems appointed Woodson Martin as CEO, with founder Paulo Rosado transitioning to chairman.[10]
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[11]
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.[12] The platform uses a container- and Kubernetes-based architecture.[12]
In 2022, OutSystems Developer Cloud (ODC) was described as a cloud-native platform aimed at supporting large-scale application delivery and omnichannel experiences.[3]
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.[13][14] OutSystems Mentor is part of the ODC.[13]
Agent Workbench
In 2025, OutSystems announced the general availability of Agent Workbench, designed for building and managing enterprise AI agents and agentic systems.[15][16][17]
Acquisitions
In 2022, OutSystems acquired Ionic, the company behind the Ionic framework and related mobile development tools.[18][19] The acquisition was described as expanding OutSystems’ capabilities related to mobile app development and cross-platform delivery.[19]
Security and compliance
In 2026, OutSystems announced it had achieved FedRAMP Authorization, positioning the platform for use cases requiring U.S. federal security compliance.[20]
Recognition
OutSystems has been included in G2’s 2026 Best Software Awards lists, including ranking #11 on G2’s “Best Development Software Products” list.[21]
References
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- ^ Page Module:Citation/CS1/styles.css has no content."OutSystems Achieves Record Revenue in 2018 with Successful Customers Fueling Low-Code Market Leadership".
- ^ Page Module:Citation/CS1/styles.css has no content."OutSystems CEO Woodson Martin - "AI needs governance, not froth"". diginomica.com. 2025-10-06. Retrieved 2026-03-25.
- ^ a b Page Module:Citation/CS1/styles.css has no content."OutSystems powers up cloud-native developer platform". www.computerweekly.com. Retrieved 2026-03-25.
- ^ Page Module:Citation/CS1/styles.css has no content.published, James Capell (2025-10-05). "The AI revolution is "oversold" says OutSystems CEO as it launches new Agentic AI platform". TechRadar. Retrieved 2026-03-25.
- ^ a b Page Module:Citation/CS1/styles.css has no content."Low-Code App Developer OutSystems Raises $150M, Now Valued at $9.5B | Built In Boston". Built In. Retrieved 2026-03-25.
- ^ a b c Page Module:Citation/CS1/styles.css has no content.Bugge, Axel (November 8, 2018). "Portugal's OutSystems eyes rapid expansion after securing funding: CEO". Reuters.
{{cite web}}: CS1 maint: url-status (link) - ^ Page Module:Citation/CS1/styles.css has no content.Butcher, Mike (2018-06-05). "Portugal's OutSystems raises $360M from KKR and Goldman Sachs". TechCrunch. Retrieved 2026-03-25.
- ^ Page Module:Citation/CS1/styles.css has no content.Bugge, Axel (June 5, 2018). "Goldman Sachs, KKR invest $360 million in Portugal tech firm". Reuters.
{{cite web}}: CS1 maint: url-status (link) - ^ Page Module:Citation/CS1/styles.css has no content.Wilhelm, Alex (2021-02-17). "Low-code focused OutSystems raises $150M at a $9.5B valuation". TechCrunch. Retrieved 2026-03-25.
- ^ Page Module:Citation/CS1/styles.css has no content."OutSystems' new CEO must achieve commercial acceleration". Techzine Global. 2025-11-11. Retrieved 2026-03-25.
- ^ Page Module:Citation/CS1/styles.css has no content.Mitchell, Sean. "OutSystems named G2 Leader for AI agent builders in 2026". IT Brief UK. Retrieved 2026-03-26.
- ^ a b Page Module:Citation/CS1/styles.css has no content."OutSystems Announces a Cloud-Based Development Platform Project Neo in Preview". InfoQ. Retrieved 2026-03-25.
- ^ a b Page Module:Citation/CS1/styles.css has no content."OutSystems Mentor: An AI-powered digital assistant for the entire SDLC". InfoWorld. Retrieved 2026-03-25.
- ^ Page Module:Citation/CS1/styles.css has no content."How Generative AI Scales Business Innovation In Software Development". Xebia. Retrieved 2026-03-25.
- ^ Page Module:Citation/CS1/styles.css has no content."OutSystems announces general availabilty Agent Workbench". Techzine Global. 2025-09-30. Retrieved 2026-03-25.
- ^ Page Module:Citation/CS1/styles.css has no content."OutSystems' Agent Workbench enables enterprises to scale and govern agentic AI with greater control". TechRadar. 2025-09-30. Retrieved 2026-03-25.
- ^ Page Module:Citation/CS1/styles.css has no content.Lardinois, Frederic (2025-09-30). "OutSystems Launches a Low-Code Workbench for Building Enterprise AI Agents". The New Stack. Retrieved 2026-03-25.
- ^ Page Module:Citation/CS1/styles.css has no content."OutSystems acquires mobile app development startup Ionic". SiliconANGLE. 2022-11-07. Retrieved 2026-03-25.
- ^ a b Page Module:Citation/CS1/styles.css has no content.Cornwall, Andrew (2022-11-08). "OutSystems Buys Ionic: What It Means". Forrester. Retrieved 2026-03-25.
- ^ Page Module:Citation/CS1/styles.css has no content."OutSystems Achieves FedRAMP Authorization to Accelerate Digital Modernization Across U.S. Federal Agencies".
{{cite web}}: CS1 maint: url-status (link) - ^ Page Module:Citation/CS1/styles.css has no content."Best Development Software Products for 2026". G2. Retrieved 2026-03-25.