monday.com Ltd.

Who owns monday.com?
monday.com is publicly traded on NASDAQ under ticker MNDY. The company has a broad institutional and retail shareholder base. Roy Mann and Eran Zinman serve as co-CEOs and are among the company's largest individual shareholders.

What does monday.com do?
monday.com provides a cloud-based Work Operating System (Work OS) that enables teams to manage projects, workflows, and processes. The platform is highly flexible and can be adapted to a wide range of use cases including project management, CRM, software development management, and IT service management.

Is monday.com publicly traded?
Yes, monday.com is publicly traded on NASDAQ under ticker MNDY. The company went public on June 10, 2021, raising over $500 million in its IPO.

When was monday.com founded?
monday.com was founded in 2012 by Roy Mann, Eran Kampf, and Eran Zinman in Tel Aviv, Israel, originally under the name Dapulse. The company rebranded to monday.com in November 2017.

How much does monday.com cost?
monday.com offers a free plan for up to 2 users, and paid plans starting at approximately $9 per user per month (Basic) up to Enterprise plans with custom pricing. Pricing varies based on the number of users and features required.

monday.com was founded in 2012 by Roy Mann, Eran Kampf, and Eran Zinman in Tel Aviv, Israel. The company originated as an internal tool at Wix.com, the website builder, where the founders worked. They developed the tool to address communication and transparency challenges as Wix scaled rapidly.

Recognizing the broader potential of their solution, the founders spun off the tool as a separate startup in 2012 under the name Dapulse, with Wix becoming their first customer. The company raised $1.5 million in seed funding in 2012 and commercially launched the product in 2014.

Dapulse experienced rapid growth through the mid-2010s, raising successive funding rounds: $7.6 million in Series A (2016), $25 million in Series B (2017), and $50 million in Series C (2018). In November 2017, the company rebranded from Dapulse to monday.com, a name chosen to evoke the start of the work week.

In July 2019, monday.com raised $150 million in Series D funding at a $1.9 billion valuation, achieving unicorn status. The company raised an additional $150 million in July 2020 at a $2.7 billion valuation.

monday.com went public on NASDAQ on June 10, 2021, raising over $500 million in its IPO at a valuation of approximately $6.8 billion. The IPO was one of the largest Israeli technology IPOs at the time.

Following its IPO, monday.com expanded its platform beyond project management into a broader Work OS, launching monday Sales CRM, monday Dev (software development management), and monday Service (IT service management). The company also made acquisitions to expand its capabilities.

For fiscal year 2024, monday.com reported revenue of approximately $1.07 billion, representing approximately 32% year-over-year growth, and surpassed $1 billion in annual revenue for the first time.

monday.com has not been subject to significant public controversy. The company has faced questions from investors regarding its path to profitability, as it has historically invested heavily in sales and marketing to drive growth. The company achieved its first full year of GAAP profitability in 2024.