Monday.com Ltd. (styled in lowercase as monday.com) is a cloud-based platform that allows users to create their own applications and project management software.[2][3] The product was launched in 2014 and in July 2019, the company raised $150 million, based on a $1.9 billion valuation.[4][5] The company went public in June 2021 and is based in Tel Aviv, Israel.[6]
monday.com was founded in 2012[7] by Roy Mann, Eran Kampf and Eran Zinman.[8] By August of that year, the company, then called dapulse, raised $1.5 million in seed funding.[9][10][11] The product was commercially launched in 2014.[12][13] In June 2016, the company announced the closing of $7.6 million in a Series A round.[14][11] The round was led by Genesis Partners, with participation from existing backer Entrée Capital.[11]
In April 2017, the company raised $25 million.[15] The round was led by New York–based firm Insight Venture Partners, with participation from existing Series A investors Genesis Partners and Entrée Capital.[16] In November 2017, the company changed its brand name from dapulse to monday.com.[17]
In July 2018, the company raised a $50 million Series C funding round.[8] The round was led by New York–based growth equity firm, Stripes Group, with participation from existing Series A and B investors, Insight Venture Partners and Entrée Capital. In July 2019, the company announced it raised a $150 million Series D round, bringing total funding to $234.1 million. The round was led by Sapphire Ventures with participation from Hamilton Lane, HarbourVest Partners, ION Crossover Partners, and Vintage Investment Partners.[4]
The funding gave the company a valuation of $1.9 billion, making it a unicorn.[4] As of 2021, the company reported it was serving over 127,000 customers across over 200 business verticals.[18][19][20] In May 2020, the company won the 2020 Webby Award for Productivity in the category Apps, Mobile & Voice.[21][22] In May 2021, the company filed for a U.S. IPO.[23][24] The company went public on June 10, 2021.[25]
Version 2 of their API is a GraphQL API that allows users to pull and/or alter data about users, updates, items, boards, tags, and more.[citation needed]
In June 2020, monday.com released its API to third-party developers. monday.com's open API allows users to build on the platform capabilities to fit their needs. Use cases include custom views, dashboard widgets, automations, and integrations with other work apps.[27]
^Zaveri, Paayal (February 5, 2020). "Hot productivity startup Monday.com is making a bet on helping non-developers build apps to manage any kind of project, without coding". Business Insider.
^Nicole Willing, Monday.com IPO: is the latest software listing a buy?, Capitol.com, June 7, 2021
^ abcKonrad, Alex (July 30, 2019). "Israel's New Top Unicorn: Monday.com Hits $1.9 Billion Valuation With $150 Million Raise". Forbes.
^Megan Hernbroth, monday.com, a proudly unprofitable workplace productivity tool reaches $1.9 Billion valuation with $150 Million Series D, Business Insider, July 30, 2019
^Lakin, Robert (June 10, 2021). "MNDY Stock IPO: What to Know as Monday.com Starts Trading Today". InvestorPlace. Retrieved June 27, 2021.
^Wenkert, Amarelle (February 26, 2019). "Insight Venture Buys Portfolio From Israel-Based Venture Firm Genesis Partners". calcalistech.com. Retrieved September 10, 2021.
^ abKonrad, Alex (July 11, 2018). "Israeli Startup Monday Had To Change Its Name To Crack The U.S. Now Its Team Software Is Worth $550M". Forbes. Retrieved May 24, 2021.
^O'Hear, Steve (August 1, 2012). "Standing On Its Own: Wix Spin-Off daPulse Scores 1.5m Series A For Its Internal Communications Tool". TechCrunch.
^"daPulse הישראלית מגייסת 1.5 מיליון דולרים". Geektime.com (in Hebrew). August 1, 2012.
^ abcO'Hear, Steve (June 23, 2016). "Dapulse closes $7.6M Series A for its project management SaaS". TechCrunch. Retrieved May 24, 2021.
^Eliran Rubin, מאדריכלים ועד חברות היי-טק: DaPulse גייסה 25 מיליון דולר כדי לעזור בניהול הארגון, The Marker, April 6, 2017
^Rob Watts, Monday.com in the PCMag Startup Spotlight. PC Mag, July 18, 2018
^"Team management platform DaPulse raises $7.6m". Globes. June 26, 2016.
^Magistretti, Bérénice (April 6, 2017). "Dapulse raises $25 million for its project management tool". VentureBeat.
^Peterson, Becky (November 12, 2017). "The project management startup dapulse is changing its name because people kept making fun of it". Business Insider.
^Reuters and CTech, monday.com targeting over $6 billion valuation in Nasdaq IPO, June 1, 2021
^"Monday.com wants to become your company's Work OS". BestTechie. February 4, 2020.
^Lunden, Ingrid (July 30, 2019). "Monday.com raises $150M more, now at $1.9B valuation, for workplace collaboration tools". TechCrunch.
^"Webby Awards 2020 – monday.com: Connecting 500K people to workplace processes - Winner". Retrieved June 10, 2021.
^Kastrenakes, Jacob (May 20, 2020). "Here are all the winners of the 2020 Webby Awards". The Verge. Retrieved May 22, 2020.
^"Israeli work management firm monday.com files publicly for U.S. IPO". Reuters. Reuters. May 17, 2021. Retrieved January 14, 2022.
^"Monday.com files publicly for U.S. IPO, reveals $39 million net loss in Q1 2021". Calcalis Tech. May 17, 2021. Retrieved May 24, 2021.
^"Monday.com Shares Jump at IPO, Minting a New Cloud Software Billionaire in Israel". Forbes. June 10, 2021. Retrieved June 10, 2021.
monday, this, article, contains, content, that, written, like, advertisement, please, help, improve, removing, promotional, content, inappropriate, external, links, adding, encyclopedic, content, written, from, neutral, point, view, august, 2023, learn, when, . This article contains content that is written like an advertisement Please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view August 2023 Learn how and when to remove this message Monday com Ltd styled in lowercase as monday com is a cloud based platform that allows users to create their own applications and project management software 2 3 The product was launched in 2014 and in July 2019 the company raised 150 million based on a 1 9 billion valuation 4 5 The company went public in June 2021 and is based in Tel Aviv Israel 6 monday com Ltd Formerlydapulse 2012 2017 Company typePublicTraded asNasdaq MNDYIndustryProcess management project management software productivity software team management low code development platform no code development platformFoundedFebruary 2012 12 years ago 2012 02 as dapulse FoundersRoy MannEran ZinmanEran KampfHeadquartersTel Aviv IsraelKey peopleRoy Mann co CEO Eran Zinman co CEO ServicesProcess management project management software productivity software team management customer relationship management collaborative softwareRevenueUS 730 million 2023 1 Operating incomeUS 39 million 2023 1 Net incomeUS 1 9 million 2023 1 Total assetsUS 1 28 billion 2023 1 Total equityUS 814 million 2023 1 Number of employees1 854 2023 1 Websitemonday wbr com Contents 1 History 2 API 3 References 4 External linksHistory editmonday com was founded in 2012 7 by Roy Mann Eran Kampf and Eran Zinman 8 By August of that year the company then called dapulse raised 1 5 million in seed funding 9 10 11 The product was commercially launched in 2014 12 13 In June 2016 the company announced the closing of 7 6 million in a Series A round 14 11 The round was led by Genesis Partners with participation from existing backer Entree Capital 11 In April 2017 the company raised 25 million 15 The round was led by New York based firm Insight Venture Partners with participation from existing Series A investors Genesis Partners and Entree Capital 16 In November 2017 the company changed its brand name from dapulse to monday com 17 In July 2018 the company raised a 50 million Series C funding round 8 The round was led by New York based growth equity firm Stripes Group with participation from existing Series A and B investors Insight Venture Partners and Entree Capital In July 2019 the company announced it raised a 150 million Series D round bringing total funding to 234 1 million The round was led by Sapphire Ventures with participation from Hamilton Lane HarbourVest Partners ION Crossover Partners and Vintage Investment Partners 4 The funding gave the company a valuation of 1 9 billion making it a unicorn 4 As of 2021 the company reported it was serving over 127 000 customers across over 200 business verticals 18 19 20 In May 2020 the company won the 2020 Webby Award for Productivity in the category Apps Mobile amp Voice 21 22 In May 2021 the company filed for a U S IPO 23 24 The company went public on June 10 2021 25 API editVersion 1 of monday com s API is a REST based JSON API capable of handling cross origin resource sharing CORS requests and uses an API Token as authentication 26 Version 2 of their API is a GraphQL API that allows users to pull and or alter data about users updates items boards tags and more citation needed In June 2020 monday com released its API to third party developers monday com s open API allows users to build on the platform capabilities to fit their needs Use cases include custom views dashboard widgets automations and integrations with other work apps 27 References edit a b c d e f monday com 2023 Annual Report Form 20 F SEC gov U S Securities and Exchange Commission March 14 2024 Zaveri Paayal February 5 2020 Hot productivity startup Monday com is making a bet on helping non developers build apps to manage any kind of project without coding Business Insider Nicole Willing Monday com IPO is the latest software listing a buy Capitol com June 7 2021 a b c Konrad Alex July 30 2019 Israel s New Top Unicorn Monday com Hits 1 9 Billion Valuation With 150 Million Raise Forbes Megan Hernbroth monday com a proudly unprofitable workplace productivity tool reaches 1 9 Billion valuation with 150 Million Series D Business Insider July 30 2019 Lakin Robert June 10 2021 MNDY Stock IPO What to Know as Monday com Starts Trading Today InvestorPlace Retrieved June 27 2021 Wenkert Amarelle February 26 2019 Insight Venture Buys Portfolio From Israel Based Venture Firm Genesis Partners calcalistech com Retrieved September 10 2021 a b Konrad Alex July 11 2018 Israeli Startup Monday Had To Change Its Name To Crack The U S Now Its Team Software Is Worth 550M Forbes Retrieved May 24 2021 O Hear Steve August 1 2012 Standing On Its Own Wix Spin Off daPulse Scores 1 5m Series A For Its Internal Communications Tool TechCrunch daPulse הישראלית מגייסת 1 5 מיליון דולרים Geektime com in Hebrew August 1 2012 a b c O Hear Steve June 23 2016 Dapulse closes 7 6M Series A for its project management SaaS TechCrunch Retrieved May 24 2021 Eliran Rubin מאדריכלים ועד חברות היי טק DaPulse גייסה 25 מיליון דולר כדי לעזור בניהול הארגון The Marker April 6 2017 Rob Watts Monday com in the PCMag Startup Spotlight PC Mag July 18 2018 Team management platform DaPulse raises 7 6m Globes June 26 2016 Magistretti Berenice April 6 2017 Dapulse raises 25 million for its project management tool VentureBeat Israeli management software start up Dapulse raises 25 mln Reuters April 6 2017 Peterson Becky November 12 2017 The project management startup dapulse is changing its name because people kept making fun of it Business Insider Reuters and CTech monday com targeting over 6 billion valuation in Nasdaq IPO June 1 2021 Monday com wants to become your company s Work OS BestTechie February 4 2020 Lunden Ingrid July 30 2019 Monday com raises 150M more now at 1 9B valuation for workplace collaboration tools TechCrunch Webby Awards 2020 monday com Connecting 500K people to workplace processes Winner Retrieved June 10 2021 Kastrenakes Jacob May 20 2020 Here are all the winners of the 2020 Webby Awards The Verge Retrieved May 22 2020 Israeli work management firm monday com files publicly for U S IPO Reuters Reuters May 17 2021 Retrieved January 14 2022 Monday com files publicly for U S IPO reveals 39 million net loss in Q1 2021 Calcalis Tech May 17 2021 Retrieved May 24 2021 Monday com Shares Jump at IPO Minting a New Cloud Software Billionaire in Israel Forbes June 10 2021 Retrieved June 10 2021 daPulse ProgrammableWeb May 19 2014 Steve Brooks Monday com launches Apps Framework Enterprise Times June 30 2020External links editOfficial website Business data for Monday com Ltd GoogleReutersSEC filingsYahoo Retrieved from https en wikipedia org w index php title Monday com amp oldid 1224106509, wikipedia, wiki, book, books, library,
