
monday.com Ltd.
Israeli software company that develops the monday.com Work OS platform, a visual project management and work management tool used by organizations worldwide. Headquartered in Tel Aviv and listed on NASDAQ.
Company Type
public
Founded
2012
Headquarters
Tel Aviv, Israel
Stock
NASDAQ: MNDY
Revenue
$1,232.0 million (FY2025)
Employees
Approximately 1,800
Primary Market
Global
About monday.com Ltd.
Is monday.com publicly traded?
Yes, monday.com Ltd. is publicly traded on NASDAQ under ticker symbol MNDY. The company completed its IPO in June 2021, raising approximately $574 million at a valuation of $6.8 billion. It files annual reports on Form 20-F with the SEC as a foreign private issuer, given its Israeli incorporation.
Who founded monday.com?
monday.com was founded in 2012 by Roy Mann, Eran Kamin, and Eran Zinman in Tel Aviv, Israel. The founders previously worked together at Wix.com, where they identified a need for a more visual approach to project management. Roy Mann serves as CEO and Eran Zinman serves as CTO. Both remain significant shareholders.
What is monday.com's revenue?
monday.com reported FY2025 revenue of $1,232.0 million, up 27% from $972.0 million in FY2024. Net income was $118.7 million, and adjusted free cash flow was $322.7 million. For FY2026, the company has guided to revenue of $1,452 million to $1,462 million, representing 18% to 19% year-over-year growth.
What does monday.com do?
monday.com develops a visual Work OS platform that enables teams to manage projects, workflows, and collaboration. The platform includes products for work management (monday Work Management), customer relationship management (monday CRM), software development (monday Dev), and IT service management (monday Service). It is used by more than 225,000 customers across industries.
Who owns monday.com?
monday.com Ltd. is a publicly traded corporation listed on NASDAQ. The company's founders, Roy Mann (CEO) and Eran Zinman (CTO), are significant shareholders. Institutional investors from pre-IPO rounds include General Atlantic, Stripes Group, and Hamilton Lane. The company is incorporated in Israel and headquartered in Tel Aviv.
How does monday.com make money?
monday.com generates revenue through subscription fees for its Work OS platform. The company uses a seat-based pricing model, where customers pay per user per month. Pricing tiers range from free for small teams to custom enterprise pricing for large organizations. This model creates natural expansion revenue as organizations add more users over time.
What are monday.com's main competitors?
monday.com competes with Asana, Smartsheet, ClickUp, Wrike, and Atlassian's Jira in the work management and project management software market. monday.com differentiates itself through its visual, no-code interface and flexibility across diverse use cases, from project management to CRM and software development.
History of monday.com Ltd.
monday.com was founded in 2012 by Roy Mann, Eran Kamin, and Eran Zinman in Tel Aviv, Israel. The founders previously worked together at Wix.com, where they identified a need for a more visual and intuitive approach to project management and team collaboration. The initial product, called dapulse, launched publicly in 2014 as a simple visual project management tool with colorful boards, columns, and items to track work.
Between 2014 and 2017, the company raised several rounds of venture capital funding. A $7.6 million Series A in 2016 was led by Genesis Ventures, followed by a $50 million Series B in 2017 led by Stripes Group. These investments funded product development and initial international expansion. The company rebranded from dapulse to monday.com in 2017 to improve brand recognition and align with its product name.
In 2018, monday.com launched its Work OS platform, expanding beyond project management to include CRM, software development tracking, and marketing campaign management. This expansion positioned the company as a broader work management platform rather than just a project management tool. The same year, the company raised a $150 million Series E at a $1.9 billion valuation.
The company's IPO on NASDAQ came in June 2021, pricing shares at $155 and raising approximately $574 million at a $6.8 billion valuation. The IPO was one of the largest Israeli tech IPOs at the time. The stock traded above $200 per share in the months following the IPO before declining during the 2022 technology selloff.
Since going public, monday.com has continued to expand its platform. The company launched monday CRM and monday Dev as distinct products in 2023, targeting specific use cases beyond general work management. In 2023, the company also launched monday AI, providing AI-powered automations, content generation, and insights within the platform. The AI capabilities are positioned as features that enhance the existing platform rather than a standalone product.
For FY2025, monday.com reported revenue of $1,232.0 million, up 27% from $972.0 million in FY2024. The company achieved GAAP net income of $118.7 million, a significant improvement from the net loss of $1.9 million in FY2023. Non-GAAP operating income was $175.3 million with a 14% margin. The company generated $322.7 million in adjusted free cash flow and $333.6 million in net cash from operating activities.
For FY2026, monday.com has guided to total revenue of $1,452 million to $1,462 million, representing 18% to 19% year-over-year growth. Non-GAAP operating income is expected to be $165 million to $175 million with an 11% to 12% margin, reflecting approximately 100 to 200 basis points of negative FX impact.
Controversy, Regulation & Public Scrutiny
monday.com has faced limited public controversy. The company's primary regulatory challenges relate to its Israeli incorporation and the geopolitical risks associated with operating from Israel. The company discloses these risks in its SEC filings, noting that armed conflict, political instability, and changes in Israeli government policies could impact operations.
In 2023, monday.com faced criticism from some customers and employees regarding its operations in Israel during the Israel-Hamas war. The company maintained a neutral public stance, focusing on employee safety and business continuity. The controversy did not have a material impact on financial results, as the company continued to report strong revenue growth through FY2024 and FY2025.
The company has faced scrutiny over its stock-based compensation practices, which have resulted in significant GAAP operating losses despite strong non-GAAP profitability. In FY2025, the GAAP operating loss was $1.7 million while non-GAAP operating income was $175.3 million, a gap of approximately $177 million primarily attributable to stock-based compensation. This is common among high-growth software companies but has been noted by analysts as a factor affecting GAAP earnings quality.
monday.com has not faced significant regulatory action, data privacy enforcement, or securities litigation as of mid-2026. The company complies with GDPR, CCPA, and other data protection regulations, and holds SOC 2 Type II, ISO 27001, and HIPAA compliance certifications.
Brands Owned by monday.com Ltd.
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Stock Information
monday.com Ltd. Ownership: Pros & Cons
Advantages
- +Strong revenue growth of 27% in FY2025 with a path to sustained profitability
- +High gross margins of 88% to 90% typical of SaaS businesses
- +Positive net income of $118.7 million in FY2025, a significant improvement from prior years
- +Strong free cash flow generation of $322.7 million in FY2025
- +Product-led growth model reduces customer acquisition costs
- +Diversified customer base of more than 225,000 organizations across industries
- +Founder leadership with Roy Mann as CEO and Eran Zinman as CTO
Considerations
- -Intense competition in work management market from Asana, ClickUp, and Atlassian
- -Decelerating growth rate, from 33% in FY2024 to 27% in FY2025, with 18% to 19% guided for FY2026
- -Geopolitical risks associated with Israeli operations and regional conflict
- -Gap between GAAP and non-GAAP results due to high stock-based compensation
- -FX headwinds of 100 to 200 basis points expected to pressure FY2026 margins
- -Seat-based pricing model may face pressure as AI tools reduce the number of seats needed
Frequently Asked Questions About monday.com Ltd.
Is monday.com publicly traded?
Yes, monday.com Ltd. is publicly traded on NASDAQ under ticker symbol MNDY. The company completed its IPO in June 2021, raising approximately $574 million at a valuation of $6.8 billion. It files annual reports on Form 20-F with the SEC as a foreign private issuer, given its Israeli incorporation.
Who founded monday.com?
monday.com was founded in 2012 by Roy Mann, Eran Kamin, and Eran Zinman in Tel Aviv, Israel. The founders previously worked together at Wix.com, where they identified a need for a more visual approach to project management. Roy Mann serves as CEO and Eran Zinman serves as CTO. Both remain significant shareholders.
What is monday.com's revenue?
monday.com reported FY2025 revenue of $1,232.0 million, up 27% from $972.0 million in FY2024. Net income was $118.7 million, and adjusted free cash flow was $322.7 million. For FY2026, the company has guided to revenue of $1,452 million to $1,462 million, representing 18% to 19% year-over-year growth.
What does monday.com do?
monday.com develops a visual Work OS platform that enables teams to manage projects, workflows, and collaboration. The platform includes products for work management (monday Work Management), customer relationship management (monday CRM), software development (monday Dev), and IT service management (monday Service). It is used by more than 225,000 customers across industries.
Who owns monday.com?
monday.com Ltd. is a publicly traded corporation listed on NASDAQ. The company's founders, Roy Mann (CEO) and Eran Zinman (CTO), are significant shareholders. Institutional investors from pre-IPO rounds include General Atlantic, Stripes Group, and Hamilton Lane. The company is incorporated in Israel and headquartered in Tel Aviv.
How does monday.com make money?
monday.com generates revenue through subscription fees for its Work OS platform. The company uses a seat-based pricing model, where customers pay per user per month. Pricing tiers range from free for small teams to custom enterprise pricing for large organizations. This model creates natural expansion revenue as organizations add more users over time.
What are monday.com's main competitors?
monday.com competes with Asana, Smartsheet, ClickUp, Wrike, and Atlassian's Jira in the work management and project management software market. monday.com differentiates itself through its visual, no-code interface and flexibility across diverse use cases, from project management to CRM and software development.








