OutSystems- Software em Rede, S.A

Founded in 2001 in Portugal, OutSystems provides a low-code development platform for building applications.00 mn.OutSystems is an AI-powered low-code platform designed to facilitate the rapid development of custom applications and intelligent agents, aimed at enhancing digital transformation initiatives within organizations. The platform features a comprehensive suite of tools that enable businesses to create, customize, and integrate applications seamlessly with existing systems, such as SQL Server, Salesforce, ServiceNow, SAP, and Oracle. Specific use cases include building mobile banking portals, insurance management systems, employee onboarding applications, and customer self-service portals, addressing needs for automation, operational efficiency, and improved customer experiences.Revenue generation for OutSystems is primarily structured around subscription-based models, where clients pay for access to the platform and its capabilities. These subscriptions vary in tier, providing differing levels of features and support based on client needs. The platform's flagship offerings include tools for full-stack development, automated testing/QA, and integration capabilities, which are integral to its appeal in enterprise environments. Typical transactions involve businesses contracting with OutSystems to deploy their applications at scale while leveraging the platform's built-in governance and security features. The company plans to expand its offerings and is focused on exploring new geographic regions to enhance its customer base, although specific new product launches or market areas have not been detailed.

1. Series E

   Feb 17, 2021

   Amount

   $150M

   Investors

   Locked

2. Series D

   Jun 5, 2018

   Amount

   $360M

   Investors

   Locked

3. Seed

   Oct 1, 2001

   Amount

   $0.9M

   Investors

   Locked