Portugal · Funded startup

Who invested in OutSystems

4 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

IT Services

Valuation: $4.3B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$421Mraised across 4 rounds since 2005, from 4 sources

$2.9MSeries B$3.2MSeries B$55MRound$360MRound
Latest round
Round, $360MJun 2018
Step-upi
6.5×
Investors
9 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2005200720092011201320152017
$2.9MSeries B$3.2MSeries B$55MRound$360MRound
First round
Series B, $2.9M
Mar 2005
Biggest round
$360M
Round · Jun 2018
Usual gap between rounds
2.3 years
the median of 3

The rounds

  1. Jun 2018
    Round$360M2 new

    Reported by FinSMEs

  2. Feb 2016
    Round$55M5 new1 returning
    • North Bridge Growth EquityLead
    • PME Investimentos
    • Espírito Santo Ventures
    • Inovcapital
    • NeSBIC Groep
    • Portugal Capital Ventures

    Source recorded

  3. Jun 2007
    Series B$3.2M1 new

    Reported by outsystems.com

  4. Mar 2005
    Series B$2.9M1 new

    From a historical funding record

Founders and team

From OutSystems's own website: 2 founders, 11 on the team.

Paulo RosadoFounder & Chairman of the Board, OutSystems
Rui PereiraCo-Founder, OutSystems
  • Woodson MartinChief Executive Officer
  • Chikara TeshimaPresident and Representative Director of OutSystems Japan
  • Text LinkOutSystems CEO
  • Fay Sien GoonChief Financial Officer
  • Kim SeabrookChief Revenue Officer
  • Kris LandeChief Marketing Officer
  • Luis BlandoChief Product and Technology Officer
  • Mariana QuintanilhaChief of Staff
  • Mark QuigleyChief People Officer
  • Tiago AzevedoChief Information Officer
  • June DuchesneGeneral Counsel

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Series B2005Series B2007Round2016Round2018PME InvestimentosNorth Bridge Growth EquityLGoldman SachsKKREspí­rito Santo VenturesEspírito Santo VenturesInovcapitalNeSBIC GroepPortugal Capital Ventures

Everyone who backed them

PME InvestimentosFund of funds2rounds
North Bridge Growth Equityno record of our own yet1round, led 1
Goldman SachsPrivate equity1round
KKRVC firm1round
Espírito Santo Venturesno record of our own yet1round
Inovcapitalno record of our own yet1round
NeSBIC Groepno record of our own yet1round
Portugal Capital Venturesno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about OutSystems

Who invested in OutSystems?

OutSystems's investors include PME Investimentos, North Bridge Growth Equity, Goldman Sachs, KKR and Espí­rito Santo Ventures, and 4 more on record.

How much has OutSystems raised?

OutSystems has raised $421M across 4 rounds since 2005.

When did OutSystems last raise?

OutSystems's most recent round was an Undisclosed round of $360M in Jun 2018.

What was OutSystems's biggest round?

Its most recent round, $360M in Jun 2018, is also its largest on record.

Who backed OutSystems first?

OutSystems's first round on record, in Mar 2005, was backed by PME Investimentos.

What stage is OutSystems at?

OutSystems's latest named round is an Undisclosed round, in Jun 2018.

Where is OutSystems based?

OutSystems is based in Portugal.

Who led OutSystems's rounds?

North Bridge Growth Equity led the funding round in 2016.

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