Article · Wikipedia archive · Last revised May 31, 2026

Monday.com

Monday.com Ltd. is a global software company that develops a browser-based AI platform for managing work processes. The platform was launched in 2014 and in July 2019, the company raised $150 million, based on a $1.9 billion valuation. The company went public in June 2021 and is based in Tel Aviv, Israel.

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May 31, 2026
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Monday.com Ltd.
Formerlydapulse (2012–2017)
Company type
Public
Nasdaq: MNDY
IndustryProcess management, project management software, productivity software, team management
FoundedFebruary 2012 (2012-02) (as dapulse)
Founders
  • Roy Mann
  • Eran Zinman
Headquarters
Tel Aviv
,
Israel
Key people
  • Roy Mann (co-CEO)
  • Eran Zinman (co-CEO)
ServicesProcess management, project management software, productivity software, team management, customer relationship management, collaborative software
RevenueIncrease US$1,232 million (2025)1
Increase US$−1.7 million (2025)1
Increase US$118 million (2025)1
Total assetsIncrease US$2.11 billion (2025)1
Total equityIncrease US$1,246 million (2025)1
Number of employees
3,155 (2025)1
Websitemonday.com

Monday.com Ltd. (styled in lowercase as monday.com) is a global software company that develops a browser-based AI platform for managing work processes.23 The platform was launched in 2014 and in July 2019, the company raised $150 million, based on a $1.9 billion valuation.45 The company went public in June 2021 and is based in Tel Aviv, Israel.6

History

Monday.com was founded in 2012 by Roy Mann and Eran Zinman.7 The company, originally called daPulse, began in 2010 as an internal tool developed at SAAS website builder Wix.com to address communication and transparency challenges as Wix rapidly scaled.8 Recognizing its broader potential, the tool was spun off as a separate startup in 2012, with Wix as its first customer and supporter.8 By August 2012, dapulse raised $1.5 million in seed funding.91011 The product was commercially launched in 2014.1213 In June 2016, the company announced the closing of $7.6M in a Series A round.1411 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 $50 million in a Series C funding round.7 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 had raised $150M in a Series D round, bringing total funding to $234.1M. 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 $1.9B, making it a unicorn.4 In May 2020, the company won the 2020 Webby Award for Productivity in the category Apps, Mobile & Voice.1819

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. Use cases include custom views, dashboard widgets, automations, and integrations with other work apps.20

In May 2021, the company filed for a U.S. IPO.2122 The company went public on June 10, 2021.23

In July 2025, the company released artificial intelligence updates to its platform, to assist non-technical users.24

In February 2026, Monday.com's stock dropped 21% amid broader investor concerns about agentic AI tools potentially disrupting traditional SaaS work management platforms. The company's co-CEO Eran Zinman stated the company did not see "any impact currently from any AI company" and was shifting its product to be more AI-native.25

Products and services

monday.com develops a Software as a Service (SaaS)-based AI platform that customers use to develop productivity tools including work management and software applications.26 It includes low code/no code support for non-developers, and includes pre-built AI automations called AI blocks.272829

The platform utilizes agentic AI, including a context aware AI assistant, and AI-based workflow and coding tools.302429

The company develops four main products for its platform:

  • monday work management - drag and drop project management software31
  • monday CRM - customizable customer relationship management software for businesses, which includes the email marketing automation tool Campaigns3233
  • monday service - a service portal for organizing, managing and tracking tickets and other requests.34
  • monday dev - Agile project management software for workflow and collaboration management35

It also develops apps for its platform, including Workforms for form building, and Canvas for whiteboard collaboration.26

API

monday.com makes its API available for developers. Use cases include custom views, dashboard widgets, automations, and integrations with other work apps.20

Version 1 is a representational state transfer (REST)-based JSON API capable of handling cross-origin resource sharing (CORS) requests, and uses an API Token for authentication.36

Version 2 is a GraphQL API that allows users to pull and/or alter data about users, updates, items, boards, and tags.

Operations

monday.com is a publicly traded company based in Tel Aviv, Israel.6 As of 2025, the company reported it had 2,508 employees, and was serving over 245,000 customers.1 Co-founders Eran Zinman and Roy Mann serve as Co-CEOs.37

See also

See also

References

References

  1. "monday.com 2025 Annual Report (Form 20-F)". SEC.gov. U.S. Securities and Exchange Commission. March 13, 2026.
  2. 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.
  3. Nicole Willing, Monday.com IPO: is the latest software listing a buy?, Capitol.com, June 7, 2021
  4. Konrad, Alex (July 30, 2019). "Israel's New Top Unicorn: Monday.com Hits $1.9 Billion Valuation With $150 Million Raise". Forbes.
  5. 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
  6. Lakin, Robert (June 10, 2021). "MNDY Stock IPO: What to Know as Monday.com Starts Trading Today". InvestorPlace. Retrieved June 27, 2021.
  7. 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.
  8. Shontell, Alyson (August 1, 2012). "Standing On Its Own, Wix Spin-Off Dapulse Scores $1.5M Series A For Its Internal Communications Tool". TechCrunch. Retrieved May 20, 2025.
  9. 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.
  10. "daPulse הישראלית מגייסת 1.5 מיליון דולרים". Geektime.com (in Hebrew). August 1, 2012.
  11. O'Hear, Steve (June 23, 2016). "Dapulse closes $7.6M Series A for its project management SaaS". TechCrunch. Retrieved May 24, 2021.
  12. Eliran Rubin, מאדריכלים ועד חברות היי-טק: DaPulse גייסה 25 מיליון דולר כדי לעזור בניהול הארגון, The Marker, April 6, 2017
  13. Rob Watts, Monday.com in the PCMag Startup Spotlight. PC Mag, July 18, 2018
  14. "Team management platform DaPulse raises $7.6m". Globes. June 26, 2016.
  15. Magistretti, Bérénice (April 6, 2017). "Dapulse raises $25 million for its project management tool". VentureBeat.
  16. "Israeli management software start-up Dapulse raises $25 mln". Reuters. April 6, 2017.
  17. Peterson, Becky (November 12, 2017). "The project management startup dapulse is changing its name because people kept making fun of it". Business Insider.
  18. "Webby Awards 2020 – monday.com: Connecting 500K people to workplace processes - Winner". Retrieved June 10, 2021.
  19. Kastrenakes, Jacob (May 20, 2020). "Here are all the winners of the 2020 Webby Awards". The Verge. Retrieved May 22, 2020.
  20. Steve Brooks, "Monday.com launches Apps Framework", Enterprise Times, June 30, 2020
  21. "Israeli work management firm monday.com files publicly for U.S. IPO". Reuters. Reuters. May 17, 2021. Retrieved January 14, 2022.
  22. "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.
  23. "Monday.com Shares Jump at IPO, Minting a New Cloud Software Billionaire in Israel". Forbes. June 10, 2021. Retrieved June 10, 2021.
  24. "Monday.com debuts AI tools to help users build, automate and execute work". Silicon Angle. July 10, 2025.
  25. "Monday.com drops 21% as AI disruption fears mount in software". CNBC. February 9, 2026. Retrieved March 22, 2026.
  26. Newman, Jared (February 23, 2022). "With apps for forms and whiteboards, Monday.com is building a suite". Fast Company. Retrieved May 5, 2026.
  27. Zaveri, Paayal. "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.
  28. Miller, Ron (February 4, 2020). "Monday.com 2.0 workflow platform lets companies build custom apps". TechCrunch.
  29. Kerner, Sean (February 10, 2025). "Inside Monday's AI pivot: Building digital workforces through modular AI". VentureBeat. Retrieved May 5, 2026.
  30. Hookway, Paige (April 20, 2023). "monday.com to incorporate transformative AI capabilities in 2023". Startups Magazine.
  31. Cawley, Conor (March 18, 2026). "monday Work Management Review: Are the AI Features Worth It?". Tech.co. Retrieved May 5, 2026.
  32. Carter, Rebekah (February 2, 2024). "Monday.com CRM Review: The Complete Guide". CX Today.
  33. Cohen, Kobi (October 11, 2025). "monday campaigns Review: Features & Pricing 2026".
  34. Mitchell, Sean. "Monday.com launches AI enterprise service management tool". IT Brief Australia.
  35. Manager, The Digital Project. "monday dev Review: Pros, Cons, Features & Pricing".
  36. "daPulse". ProgrammableWeb. May 19, 2014.
  37. Lemkin, Jason (December 1, 2024). "Who is Eran Zinman | Co-CEO of SaaS Leader Monday.com". SaaStr.
External links