When was Mendix founded?

Mendix was founded in 2005 and raised its 1st funding round 1 year after it was founded.

Where is Mendix located?

Mendix is headquartered in Boston, United States. It is registered at Boston, Massachusetts.

How many employees does Mendix have?

As of Mar 31, 2026, the latest employee count at Mendix is 1048.

Is Mendix a funded company?

Mendix is a funded company, having raised a total of $38M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2006.

When was the latest funding round of Mendix?

Mendix's latest funding was a $***** Series B round on Jan 23, 2014, with participation from 2 investors. Its primary sector is Application Development Tools. In United States, the Application Development Tools sector has seen $1.27B in funding in 2026 to date.

Where does Mendix rank among its competitors?

Mendix ranks 19th amongst 554 active competitors, of which 63 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Iterate, which secured $6.4M in Jun, 2025.

Who are the top competitors of Mendix?

Mendix's top competitors include Appian, Bubble and OutSystems. Among them, Iterate secured the most recent funding round in June, 2025.

Mendix - 2026 Company Profile, Team, Funding & Competitors

Q: Is Mendix an acquired company?

Mendix got acquired by Siemens on Aug 01, 2018.

Company Details

Low code application development software. It enables users to create, integrate, and deploy applications without coding. It streamlines collaboration between IT teams and businesses. It leverages AI and ML that assists users in the app development. Features include workflow automation, cloud deployment, and more. It caters its solutions to industries such as finance, manufacturing, banking, retail, and more.

Website: mendix.com
Social
Registered Address: Boston, Massachusetts

Key Metrics

Founded Year

2005

Location

Boston, United States

Stage

Acquired

Total Funding

$38M in 3 rounds

Latest Funding Round

Series B, Jan 23, 2014, $*****

Investors

Battery Ventures & 2 more

Ranked

19^th among 554 active competitors

Employee Count

1,048 as on Mar 31, 2026

Similar Companies

Appian & 655 more

Exit Details

Acquired by Siemens (Aug 01, 2018)

View Mendix's full profile

Mendix is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MENDIX, INC. CIN: 260673048 , United States, Active	Dec 26, 999	-	97 (As on Dec 31, 2018)	-
MENDIX TECHNOLOGY LIMITED CIN: 07660904 , Belgium, Active	Jun 06, 2011	-	29 (As on Dec 31, 2018)	-

Mendix got acquired by Siemens on Aug 01, 2018 at an acquisition amount of $*****.

Click here to take a look at Mendix's acquisition in detail

Mendix has raised a total funding of $38M over 3 rounds. Its first funding round was on 2006. Its latest funding round was a Series B round on Jan 23, 2014 for $*****. 2 investors participated in its latest round. Mendix has 3 institutional investors.

Here is the list of recent funding rounds of Mendix:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 23, 2014	2930323	Series B	3831058	9260380	5178326	3779715
Oct 31, 2011	6261808	Series A	7138787	4476471	3182123	henQ
2006	7694	Seed	7524	4850	henQ	9320

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View details of Mendix's funding rounds and investors

The founders of Mendix are Roald Kruit and Derek Roos.

Here are the details of Mendix's key team members:

Roald Kruit: Co-Founder of Mendix.
Derek Roos: Co-Founder & CEO of Mendix.

View details of Mendix's Founder profiles and Board Members

Mendix's employee count trend

Mendix has 1,048 employees as of Mar 26. Here is Mendix's employee count trend over the years:

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Top competitors of Mendix include Appian, Bubble and OutSystems. Here is the list of Top 10 competitors of Mendix, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Appian 1999, Reston (United States), Public	Cloud based low code application development and automation platform	$47.5M	New Enterprise Associates, Saints Capital ... & 3 others	78/100
2nd	Bubble 2012, New York City (United States), Series A	Cloud based no code web application development tool	$106M	Insight Partners, SignalFire & 12 others	74/100
3rd	OutSystems 2001, Linda A Velha (Portugal), Series F	Developer of a low-code platform with AI-powered application development capabilities	$803M	KKR, Tiger Global Management & 13 others	68/100
4th	Kissflow 2012, Wilmington (United States), Seed	Provider of a low-code platform for building and managing enterprise applications	$1.03M	Haystack Partners, Anicut Capital & 98 others	65/100
5th	Iterate 2013, Mountain View (United States), Series A	Enterprise AI application platform providing low-code development tools	$17.3M	Auxier Asset Management, Red Giraffe Advisors ... & 6 others	64/100
6th	WaveMaker 2003, Mountain View (United States), Acquired	Developer of low-code platform for building and customizing enterprise applications	$8.72M	Worldview Technology Partners, AllegisCyber Capital ... & 3 others	63/100
7th	Genesis Global 2015, London (United Kingdom), Series C	Cloud based low code application development platform	$268M	Tiger Global Management, Illuminate Financial ... & 10 others	63/100
8th	Unqork 2017, New York City (United States), Series C	Provider of cloud computing and enterprise software solutions	$416M	CapitalG, BlackRock & 26 others	63/100
9th	AppSheet 2014, Seattle (United States), Acquired	Developer of a no-code platform for building and automating applications	$20.8M	Shasta Ventures, New Enterprise Associates ... & 2 others	62/100
10th	Builder.ai 2012, London (United Kingdom), Deadpooled	Provider of AI-powered low code application development platform	$450M	Qatar Investment Authority, Insight Partners ... & 18 others	61/100
19th	Mendix 2005, Boston (United States), Acquired	Low code application development software	$38M	Prime Ventures, henQ & 1 others	52/100