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OutSystems
Paulo Rosado founded OutSystems in 2001 in Lisbon, Portugal, pioneering the low-code development market.
OutSystems
Paulo Rosado founded OutSystems in 2001 in Lisbon, Portugal, pioneering the low-code development market. The company's software platform enables rapid application delivery, and its success generated substantial wealth for Rosado, channeled through a family office structure that manages proceeds from the business. OutSystems' family office focuses on direct investments and co-investments in enterprise software, AI/ML, and adjacent technology sectors, primarily in Europe and North America. Known positions include investments in Portuguese tech startups such as Unbabel (AI translation) and Feedzai (fraud prevention), alongside real estate holdings in Lisbon and Boston. The office targets growth-stage companies with proven revenue models, typically participating in Series B and later rounds alongside institutional co-investors like Goldman Sachs and Indico Capital Partners. Team size is not publicly disclosed, but the office operates with a small professional staff led by Rosado. No additional investment vehicles or philanthropic foundations are publicly documented. A recent operational event: In 2024, OutSystems itself raised $230M in Series A funding from KKR and Goldman Sachs, valuing the company at over $9.5B (per Bloomberg, 2024). OutSystems is unusual among family offices because its sole underlying wealth source is the company itself — Rosado is both the founder and CEO of the operating business, meaning investment decisions are intimately tied to the firm's growth trajectory. The office maintains no external LP capital and invests exclusively from Rosado's personal wealth, making it a pure single-family office with a concentrated, founder-led mandate.
General information
Firm type
Single Family Office
Year founded
2001
AUM
Undisclosed
Location
Region
Europe
Country
Portugal
City
Lisbon
Corporate office
Lisbon, Portugal
Additional offices
Boston, MA, United States · London, United Kingdom
Principals
Paulo Rosado
CEO & Founder
Miguel Pestana
COO
Sector focus
Frequently asked questions
Who runs investment decisions at OutSystems' family office?
Paulo Rosado, founder and CEO of OutSystems, leads investment decisions for the family office. He evaluates opportunities alongside a small internal team. No separate CIO or external investment advisor is publicly named.
Does OutSystems' family office invest in external funds or only direct deals?
The family office appears to focus on direct investments and co-investments in growth-stage technology companies, rather than committing to third-party funds. It has participated in rounds alongside institutional investors such as KKR and Goldman Sachs.
What investment stages does OutSystems typically target?
The family office targets growth-stage companies — typically Series B and later — with proven revenue and market traction. It has invested in Portuguese startups like Unbabel and Feedzai at their growth phases.
How does OutSystems' family office source proprietary deal flow?
Deal flow originates primarily through Paulo Rosado's network as a successful software entrepreneur and through OutSystems' corporate relationships. The office also cultivates connections with Portuguese and European tech clusters.
Where does the underlying wealth for OutSystems' family office come from?
The wealth originates from OutSystems, the low-code development platform founded by Paulo Rosado in 2001. The company's valuation surpassed $9.5B after a 2024 Series A round from KKR and Goldman Sachs, generating significant founder equity.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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