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| Description | ||||
| Summary | Siemens-owned low-code platform for enterprise applications, workflows, and agentic AI development. | |||
| Description | Mendix enables organizations to build enterprise applications, automate workflows, connect systems, and create/deploy AI agents and agentic applications through low-code development. | |||
| Positioning | Low-code platform for the agentic enterprise | |||
| Key facts | ||||
| HQ location | Boston, MA, USA / Rotterdam, Netherlands | |||
| Founded | 2005 | |||
| Employee range | 1001-5000 | |||
| Funding stage | Acquired | |||
| Company type | Subsidiary | |||
| Pricing model | custom quote, subscription | |||
| Last updated | Jun 21, 2026 | |||
| 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 | |||
| 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 | |||
| Segments & Industries | ||||
| Segments | AI Workflows, AI Agents, AI Developer Tools, Knowledge & RAG, Document AI, LLM Deployment, AI Quality & Observability, Traditional ML, AI Governance & Risk, Chatbots, Analytics & BI | |||
