Shirt a Phobia

Sample Page

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

  1. ^ “OutSystems Achieves Record Revenue in 2018 with Successful Customers Fueling Low-Code Market Leadership”.
  2. ^ “OutSystems CEO Woodson Martin – “AI needs governance, not froth”“. diginomica.com. 2025-10-06. Retrieved 2026-03-25.
  3. ^ a b “OutSystems powers up cloud-native developer platform”. www.computerweekly.com. Retrieved 2026-03-25.
  4. ^ 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.
  5. ^ a b “Low-Code App Developer OutSystems Raises $150M, Now Valued at $9.5B | Built In Boston”. Built In. Retrieved 2026-03-25.
  6. ^ a b c Bugge, Axel (November 8, 2018). “Portugal’s OutSystems eyes rapid expansion after securing funding: CEO”. Reuters.{{cite web}}: CS1 maint: url-status (link)
  7. ^ Butcher, Mike (2018-06-05). “Portugal’s OutSystems raises $360M from KKR and Goldman Sachs”. TechCrunch. Retrieved 2026-03-25.
  8. ^ Bugge, Axel (June 5, 2018). “Goldman Sachs, KKR invest $360 million in Portugal tech firm”. Reuters.{{cite web}}: CS1 maint: url-status (link)
  9. ^ Wilhelm, Alex (2021-02-17). “Low-code focused OutSystems raises $150M at a $9.5B valuation”. TechCrunch. Retrieved 2026-03-25.
  10. ^ “OutSystems’ new CEO must achieve commercial acceleration”. Techzine Global. 2025-11-11. Retrieved 2026-03-25.
  11. ^ Mitchell, Sean. “OutSystems named G2 Leader for AI agent builders in 2026”. IT Brief UK. Retrieved 2026-03-26.
  12. ^ a b “OutSystems Announces a Cloud-Based Development Platform Project Neo in Preview”. InfoQ. Retrieved 2026-03-25.
  13. ^ a b “OutSystems Mentor: An AI-powered digital assistant for the entire SDLC”. InfoWorld. Retrieved 2026-03-25.
  14. ^ “How Generative AI Scales Business Innovation In Software Development”. Xebia. Retrieved 2026-03-25.
  15. ^ “OutSystems announces general availabilty Agent Workbench”. Techzine Global. 2025-09-30. Retrieved 2026-03-25.
  16. ^ “OutSystems’ Agent Workbench enables enterprises to scale and govern agentic AI with greater control”. TechRadar. 2025-09-30. Retrieved 2026-03-25.
  17. ^ Lardinois, Frederic (2025-09-30). “OutSystems Launches a Low-Code Workbench for Building Enterprise AI Agents”. The New Stack. Retrieved 2026-03-25.
  18. ^ “OutSystems acquires mobile app development startup Ionic”. SiliconANGLE. 2022-11-07. Retrieved 2026-03-25.
  19. ^ a b Cornwall, Andrew (2022-11-08). “OutSystems Buys Ionic: What It Means”. Forrester. Retrieved 2026-03-25.
  20. ^ “OutSystems Achieves FedRAMP Authorization to Accelerate Digital Modernization Across U.S. Federal Agencies”.{{cite web}}: CS1 maint: url-status (link)
  21. ^ “Best Development Software Products for 2026”. G2. Retrieved 2026-03-25.