Monday.com Ltd. is an Israeli-based global technology company founded in 2012 by Roy Mann, Eran Kampf, and Eran Zinman, headquartered in Tel Aviv-Yafo, Israel. It develops and operates monday.com Work OS, a cloud-based, low-code/no-code platform that enables organizations to build customizable work management and project management applications tailored to diverse industries and business needs. The platform’s modular building blocks allow users to create workflows, automate processes, and integrate with other tools, empowering teams to improve transparency, collaboration, and operational efficiency across marketing, CRM, software development, and more.
Originally launched commercially in 2014 under the name Dapulse, the company rebranded to monday.com in 2017. It began with seed funding of $1.5 million in 2012 and steadily raised capital through multiple rounds: $7.6 million Series A in 2016, $25 million in 2017, $50 million Series C in 2018, and a $150 million Series D round in 2019, which valued the company at $1.9 billion, granting it unicorn status. By 2021, monday.com served over 127,000 customers across more than 200 business verticals worldwide. The company went public on the NASDAQ in June 2021 under the ticker MNDY, achieving a valuation of $6.8 billion at IPO, which surged to over $14 billion by late 2024, reflecting rapid growth and strong market confidence.
Monday.com raised a total of approximately $234 million before its IPO. Its market capitalization as of mid-2025 stands around $15 billion, supported by strong revenue growth—$268 million in 2024, up 32% year-over-year—and improving profitability metrics. The company maintains a healthy net dollar retention rate of 112%, indicating robust customer engagement and expansion.
The core monday.com Work OS platform offers a highly customizable environment to build work management tools without coding, featuring visual boards, multiple views (Kanban, Gantt, calendar), automation, dashboards, and rich integrations. On top of this, monday.com has developed specialized product suites such as monday work management, monday sales CRM, and monday dev for software development teams. AI-powered capabilities are integrated to automate workflows, provide insights, and enhance productivity. The platform is widely adopted by SMEs and large enterprises alike, with strong usage in Europe, the UK (its second-largest market), and globally.
Monday.com actively pursues strategic acquisitions to expand its product capabilities and market reach, aiming to enhance its AI features, workflow automation, and industry-specific solutions. The company plans to grow its workforce by around 600 employees in the coming year to support this expansion and innovation.
Recent innovations include advanced AI agents for workflow optimization, automated service management, enhanced integration with cloud AI services (Microsoft Azure OpenAI, AWS Bedrock), and expanded no-code capabilities. These features help teams automate complex tasks, analyze data, and improve decision-making across projects.
Monday.com emphasizes a culture of transparency, empowerment, and collaboration, aiming to democratize software development and make powerful work management accessible to all users regardless of technical skill. The company values innovation, customer-centricity, and fostering a global community of users and partners.
Today, monday.com serves over a quarter of a million customers in more than 200 countries, spanning industries from marketing and software development to healthcare and construction. Its large, active community benefits from extensive support, educational resources, and a marketplace of apps and integrations, reinforcing monday.com’s position as a leading Work OS platform globally.
