Mendix revenue hit $128.7M in 2024

Mendix generates revenue from 10000000 customers

Mendix

22 Boston Wharf Rd, Boston, Massachusetts, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Mendix hit $128.7M revenue and 10M customers in 2023.

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. In 2018, Mendix was acquired by Siemens AG, a multinational conglomerate headquartered in Munich, Germany, which offers a broad range of products and services in the fields of electrification, automation, and digitalization.

Founded

2005

Founded

Revenue

$128.7M

2023 Revenue

YOY

14.2%

YOY

Funding

$38M

Funding

Mendix Revenue

In 2023, Mendix revenue run rate hit $128.7M in revenue.

  • 2023

    Mendix hit $128.7M in revenue in 2023

  • 2021

    Mendix hit $100.2M in revenue in 2021

  • 2005

    Mendix launched in 2005 with $0 revenue

Mendix Funding History

  • 2014

    Mendix raised a of in January, 2014

  • 2011

    Mendix raised a of in October, 2011

FUNDING DATE ROUND AMOUNT VALUATION
January, 23 2014
October, 31 2011

Team

Mendix has 1,273 total employees and 86 sales reps that carry a quota. They have 10,000,000 customers an engineering team of 238 and a marketing team of 37.

DISTRIBUTION QTY
Total team size 1.3K
Engineer 238 (19%)
Sales 86 (7%)
Marketing 37 (3%)

Founder / CEO

Tim Srock

Q&A

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Customers

Churn

Mendix Executives

Name Position Working Email Personal Email
Tim Srock CEO [email protected] -

Mendix Employees

Name Position Working Email Personal Email
Tim Srock CEO [email protected] -

Frequently Asked Questions about Mendix

  • When was Mendix founded?

    Mendix was founded in 2005.

  • How much revenue does Mendix generate?

    Mendix generates $128.7M in revenue.

  • Who is the CEO of Mendix

    The CEO of Mendix is Tim Srock.

  • How much funding does Mendix have?

    Mendix raised $38M.

  • How many employees does Mendix have?

    Mendix has 1.3K employees.

  • Where is Mendix headquarters?

    Mendix is headquartered at 22 Boston Wharf Rd, Boston, Massachusetts, United States

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