OutSystems is a

low-code development platform A low-code development platform (LCDP) provides a development environment used to create application software, generally through a graphical user interface (as opposed to only writing code, though some coding is possible and may be required). A l ...

which provides tools for companies to develop, deploy and manage omnichannel enterprise applications. OutSystems was founded in 2001 in

Lisbon Lisbon ( ; ) is the capital and largest city of Portugal, with an estimated population of 567,131, as of 2023, within its administrative limits and 3,028,000 within the Lisbon Metropolitan Area, metropolis, as of 2025. Lisbon is mainlan ...

Portugal Portugal, officially the Portuguese Republic, is a country on the Iberian Peninsula in Southwestern Europe. Featuring Cabo da Roca, the westernmost point in continental Europe, Portugal borders Spain to its north and east, with which it share ...

. In June 2018 OutSystems secured a $360M round of funding from KKR and

Goldman Sachs The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many internationa ...

and reached the status of

Unicorn The unicorn is a legendary creature that has been described since Classical antiquity, antiquity as a beast with a single large, pointed, spiraling horn (anatomy), horn projecting from its forehead. In European literature and art, the unico ...

. In February 2021 OutSystems raised another $150M investment from a round co-led by Abdiel Capital and Tiger Global Management, having a total valuation of $9.5 Billion. Ionic was acquired by OutSystems in November 2022. OutSystems is a member of the Consortium of IT Software Quality (CISQ).

Products

OutSystems is a

for the development of mobile and web enterprise applications, which run in the cloud, on-premises or in hybrid environments. In 2014 OutSystems launched a free version of the platform that provides developers with personal cloud environments to create and deploy web and mobile applications without charge. The current version is 11.53, for both the paid and unpaid versions.

References

External links

* {{GUI builders Cloud computing providers Cloud platforms 2001 establishments in Portugal Low Code Application Platform Kohlberg Kravis Roberts companies