Mendixrevenue & funding
Other Collaboration Software22 Boston Wharf Rd, Boston, MassachusettsFounded 2005CEO Tim Srock
Mendix is a low-code software development platform that enables organizations to create and deploy enterprise applications quickly and efficiently. The company was founded in 2005 and is based in Boston, Massachusetts.
- Customers
- 10M
Mendix revenue
Mendix has not published its revenue. GetLatka estimates it at about $169.8M a year (October 2024).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $100.2M | – |
| Oct 2023 | $128.7MEST. | GetLatka estimate |
| Oct 2024 | $169.8MEST. | GetLatka estimate |
– source not recorded
Mendix funding rounds & investors
Mendix has raised $38M across two rounds since 2011. The latest was a $25M funding round in January 2014.
| Date | Round | Raised |
|---|---|---|
| Jan 2014 | Funding round | $25M |
| Oct 2011 | Funding round | $13M |
| Total raised | $38M |
Mendix competitors
Mendix competes most directly with Appian, Out Systems and Quickbase.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Appian | $726.9M | $47.5M | 2,219 | 40K | 1999 |
 Out Systems | $331.6M | $572.1M | 2,040 | 300K | 2001 |
| Mendix | $169.8M | $38M | 1,273 | 10M | 2005 |
 Quickbase | $94.9M | $90M | 863 | 4K | 2012 |
Mendix CEO, founders & employees
Tim Srock founded Mendix in 2005 and runs it as CEO. Mendix had 1,273 employees (October 2024, LinkedIn).
- Tim SrockFounder & CEO
All 5 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Oct 2024 | 1,273 | |
| Oct 2023 | 1,273 | |
| Oct 2022 | 1,326 | |
| Dec 2021 | 1,190 | |
| Apr 2021 | 916 | – |
Mendix FAQ
What is Mendix's revenue?
GetLatka estimates Mendix's revenue at about $169.8M a year (October 2024). The company hasn't published its own figure.
How much funding has Mendix raised?
Mendix has raised $38M across two funding rounds. The latest was a $25M funding round in January 2014.
How many employees does Mendix have?
Mendix had 1,273 employees in October 2024, according to LinkedIn.
Who is the CEO of Mendix?
Tim Srock is the CEO of Mendix and founded the company in 2005.
Who founded Mendix?
Tim Srock founded Mendix in 2005.
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How this page is sourced
4 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 17, 2024Data disclaimerReport a correctionClaim this profileRun Mendix? Join the podcast