Mendix logo — The low-code platform for turning ideas into outcomes.

Mendix

The low-code platform for turning ideas into outcomes.

Founded 2005 United States Boston, United States 1035 employees Acquired Total: $666.00M Automation, Enterprise Software +4

General Information

Company Name Mendix
Founded Year 2005
Location United States Boston, United States
Founders / Decision Makers
Team member Team member Team member
Employees 1035
Industries Automation, Enterprise Software, Financial Services +3
Funding Stage Acquired
Business Model Platform, B2B, SaaS
Revenue Model Subscription, Tiered Pricing, Service Fee
Social

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About Mendix

Mendix is a pioneering force in the enterprise landscape, offering a low-code platform that bridges the gap between ideation and execution, aptly captured in their slogan: "The low-code platform for turning ideas into outcomes."

Founded in 2005 and headquartered in the United States, Mendix empowers businesses by enabling the creation of flexible, secure, and scalable applications swiftly. Their platform supports continuous collaboration between developers and users, accelerating the application development lifecycle with iterative deployment capabilities at scale.

Serving over 4,000 prominent companies globally, Mendix serves industries spanning Automation, Enterprise Software, Financial Services, Insurtech, Mobile, and SaaS. Their strategic trajectory reached a hallmark in August 2018, when they were acquired for €628 million by Siemens, reinforcing their technological stature and growth potential within Siemens' business portfolio.

Business keywords: Low-code Platform, Enterprise Application Development, Application Lifecycle Management, Rapid Application Development, Digital Transformation, Cloud Native Architecture, Model-driven Development, Visual Modeling, App Portfolio Management, Bimodal IT, Mobile Application Development, Digital Innovation, aPaaS, Iterative Deployment, Business and IT Collaboration

Services & Products

low-code development platform
application design
technology integration
process automation

Target Customers

enterprise customers IT departments software developers business analysts

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition €628.00M 1
Siemens
01 Aug 2018
Series B $25.00M 2
Prime Ventures, Battery Ventures
01 Jan 2014
Series A $13.00M 2
Prime Ventures, henQ
01 Oct 2011
Seed Undisclosed 1
henQ
01 Oct 2006

Mendix Alternatives & Competitors

View All Alternatives
Mendix vs
Joget, Inc.
Joget, Inc. United States

AI-powered next-gen open source low-code platform that empowers everyone to build enterprise apps fa...

Seed
67 employees
Applications, Enterprise Software
Mendix vs
Betty Blocks
Betty Blocks The Netherlands

The enterprise-grade AI-based low-code platform.

96 employees
Computing, Enterprise Software
Mendix vs
Perforce Software
Perforce Software United States

The DevOps Edge for the Outperformers: Enable teams to build, manage & maintain apps — from code to...

Private Equity
1997 employees
Analytics, DevOps

FAQ About Mendix

The low-code platform for turning ideas into outcomes.
Mendix was founded in 2005.
Mendix is headquartered in Boston, United States.
Mendix operates in Automation, Enterprise Software, Financial Services, Insurtech, Mobile and SaaS. Its work centres on Low-code Platform, Enterprise Application Development, Application Lifecycle Management and Rapid Application Development. Its customers include enterprise customers, IT departments and software developers.
Mendix has a Platform, B2B and SaaS business model. Its revenue comes from Subscription, Tiered Pricing and Service Fee.
Mendix has approximately 1035 employees.
Mendix has completed 4 funding rounds, raising a total of $666.00M. The latest funding stage is Acquired.
Mendix offers: low-code development platform, application design, technology integration, process automation.
Top alternatives and competitors to Mendix include Joget, Inc., Betty Blocks, Perforce Software, LogicGate, WEM No-Code. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Mendix and Joget, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Mendix, https://bouncewatch.com/company/mendix, updated 11 May 2026. When citing, please name BounceWatch and link this page.

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