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OUTSYSTEMS
OutSystems
Enterprise low-code / AI development platform (PaaS) · Boston, Massachusetts · United States · Founded · 2001 · ≈ · 2,500 · employees

OutSystems — Valuation, Funding & Investors

Private

Founded in 2001, OutSystems operates in enterprise low-code / ai development platform (paas). Investors last valued the company at $9.5B. The stock is not listed on any public market.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
OutSystems at a glance
Last valuation
$9.5B
POST-MONEY · FEB 2021
Raised across rounds
$740M
3 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
NVDA—
NVDA-PERP · live
Valuation history

OutSystems valuation history

2 valuations. The latest, $4.3B post-money, was set by the Series G in Oct 2022.

$9.5B
Feb 2021
$9.5B
Growth round · post-money
Oct 2022
$4.3BLATEST
Series G · post-money
−55% vs prior valuation
Latest valuation
$4.3Bpost-money
Set by the Series G · 30 Oct 2022
×0.5since the $9.5B Growth round in Feb 2021
Valuations
2
Priced rounds with a valuation
Event type
Primary round
The Series G · $230M raised
Funding history

OutSystems funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Growth round
Jun 2018
$360M
—
KKR, Goldman Sachs
—
Growth round
Feb 2021
$150M
$9.5B
Abdiel Capital, Tiger Global
—
Series G
Oct 2022
$230M
$4.3B
KKR
−54.7%
OutSystems · investors

Investors

KKRLEADAbdiel CapitalLEADTiger GlobalLEADGoldman SachsLEAD
Will OutSystems IPO?
Founded
2001
Jun 2018
Growth round
Oct 2022
Series G · $4.3B
IPO
Not announced
No filing has been made.
OutSystems — the private market
Last valuation$9.5B · post-money · Feb 2021
Total raised$740M
Lead investors
KKRAbdiel CapitalTiger GlobalGoldman Sachs
IPO statusNot announced
Founded · HQ2001 · Boston, Massachusetts · United States
Employees≈ 2,500
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About OutSystems

OutSystems provides a low-code and AI development platform used by enterprises to build, deploy and govern software applications and AI agents. Founded in 2001 in Lisbon, Portugal, the company is now headquartered in Boston, and its customers include Heineken, Bosch and Zurich Insurance.

Heineken has used OutSystems as part of a plan to save one million hours through process automation, and Bosch cut the time to bring up a new assembly-line team from four weeks to four days using an OutSystems-built AIoT platform. Gartner has named OutSystems a leader in its low-code Magic Quadrant nine times running.

The money screen · ranked by accessibility

How to get OutSystems exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds OutSystems.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. OutSystems availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — OutSystems included.

No account needed

OutSystems stock — frequently asked questions

Who are OutSystems's competitors?›

The closest enterprise low-code / ai development platform (paas) peers are on the competitors page.

How can I get exposure to OutSystems?›

The routes section explains what is realistically available for a company at this stage.

Is OutSystems publicly traded?›

No. OutSystems is a private company; its shares do not trade on a public exchange.

What is OutSystems's valuation?›

The last valuation is $9.5B.

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