Name: Monday Dev
Brand: monday.com
SKU: 637f418e35f286078ac042cb
Rating: 4.6 (1592 reviews)

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Monday Dev

By monday.com

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Product Development Software

Product Management Software

Overview of Monday Dev Software Company

Monday.com is a cloud-based platform that enables users to create custom applications and project management tools, facilitating team collaboration and workflow optimization. Established in 2012, the company has experienced significant growth, expanding its product offerings and user base over the years.

Founding and Growth

Founded in 2012 by Roy Mann, Eran Zinman, and Eran Kampf, Monday.com launched its product commercially in 2014. The company underwent a rebranding from its original name, dapulse, to Monday.com in November 2017. Since its inception, Monday.com has expanded its workforce to 1,854 employees as of 2023.

Funding and Valuation

Monday.com has secured substantial funding throughout its development:

2012: Raised $1.5 million in seed funding.
2016: Closed a $7.6 million Series A round.
2017: Secured $25 million in a Series B round.
2018: Raised $50 million in a Series C round.
2019: Obtained $150 million in a Series D round, achieving a valuation of $1.9 billion.

Monday.com provides a suite of products tailored to various organizational needs:

Monday Work Management: For managing projects and tasks.
Monday CRM: Designed for customer-facing teams.
Monday Dev: Catered to product and development teams.
Monday Service: Intended for IT and support teams.

Monday Dev AI and New Features

Monday.com regularly updates its platform with new features and improvements. Recent enhancements include the introduction of AI Blocks, now accessible to all users, aimed at augmenting productivity and workflow automation. The company has launched AI Vision and fully released its AI Enterprise Service Management Platform, targeting enterprise and Fortune 500 companies.

Company Culture and Values

Monday.com mission centers on transforming team collaboration by fostering a culture of transparency and empowerment. The company emphasizes creating tools that people enjoy using, aiming to enhance workplace satisfaction and efficiency.

User Base and Community

As of 2021, Monday.com reported serving over 127,000 customers across more than 200 business verticals. The company maintains an active community through forums, global events, and partnerships, facilitating user engagement and support.