OutSystems
Software company
From Wikipedia, the free encyclopedia
OutSystems is an AI development platform designed for building, deploying, and managing AI apps and agents to accelerate enterprise development.[2][3][4]
 | |
Company type | Private |
|---|---|
| Industry | Enterprise Software Platform as a Service Digital Transformation |
| Founded | 2001 |
| 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 |
| Revenue |  $100 Million (2018)[1] |
| Website | www |
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]