| Description |
| Summary |
Siemens-owned low-code platform for enterprise applications, workflows, and agentic AI development.
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| Description |
Mendix enables organizations to build enterprise applications, automate workflows, connect systems, and create/deploy AI agents and agentic applications through low-code development.
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| Positioning |
Low-code platform for the agentic enterprise
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| Key facts |
| HQ location |
Boston, MA, USA / Rotterdam, Netherlands
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| Founded |
2005
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| Employee range |
1001-5000
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| Funding stage |
Acquired
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| Company type |
Subsidiary
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| Pricing model |
custom quote, subscription
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| Last updated |
Jun 21, 2026
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| Financials |
| Revenue estimate |
Estimated $100M-$250M+; Siemens does not break out Mendix revenue
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| Valuation estimate |
N/A (Siemens subsidiary)
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| Investments |
Acquired by Siemens for ~$730M in 2018
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| Relationships |
| Target customers |
Large enterprises, IT organizations, industrial companies, and business developers
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| Key competitors |
OutSystems, Appian, Microsoft Power Apps, ServiceNow, Retool, Superblocks
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| Known customers |
Siemens, Zurich, Continental, Rabobank, Erie Insurance and public case-study customers
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| 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
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