Mendix
Research Team Data
Published
Low-code platform for the agentic enterprise
Subsidiary of Siemens
Company profile
Overview
Siemens-owned low-code platform for enterprise applications, workflows, and agentic AI development.
Mendix enables organizations to build enterprise applications, automate workflows, connect systems, and create/deploy AI agents and agentic applications through low-code development.
At a glance
Key facts
- HQ location
- Boston, MA, USA / Rotterdam, Netherlands
- Founded
- 2005
- Employee range
- 1001-5000
- Funding stage
- Acquired
- Company type
- SubsidiarySubsidiary / Siemens
- Last updated
- Pricing model
- Custom QuoteSubscriptionEnterprise subscription / quote-based
Business context
Financials
- Revenue estimate
- Estimated $100M-$250M+; Siemens does not break out Mendix revenue
- Valuation estimate
- N/A (Siemens subsidiary)
- Investments
- Acquired by Siemens for ~$730M in 2018
Market context
Relationships
- Target customers
- Large enterprises, IT organizations, industrial companies, and business developers
- Key competitors
- OutSystems, Appian, Microsoft Power Apps, ServiceNow, Retool, Superblocks
- Known customers
- Siemens, Zurich, Continental, Rabobank, Erie Insurance and public case-study customers
Source context
Classification (raw research text)
- Core focus
- Agentic low-code development
- Core industry
- Enterprise Software / Low Code
- Core category
- Low-code and agentic application platform
Shown verbatim from the research spreadsheet — deriving structured industry tags from this text is a future phase.
Market taxonomy
Segments, Industries & Certifications
Segments
AI WorkflowsAI AgentsAI Developer ToolsKnowledge & RAGDocument AILLM DeploymentAI Quality & ObservabilityTraditional MLAI Governance & RiskChatbotsAnalytics & BI