monday.com is a cloud-based work management platform designed to help teams plan, track, and execute projects across departments. The platform enables organizations to customize workflows for project management, CRM, marketing, software development, operations, and more.
Its visual boards, automation tools, integrations, and analytics dashboards allow teams to collaborate in real time while maintaining transparency and accountability. monday.com serves businesses ranging from startups to large enterprises across industries.
What Is monday.com and What Does It Do?
monday.com, founded in 2012, is a Tel Aviv–based software company founded by Eran Zinman and Roy Man.
The company develops a flexible work operating system that allows teams to build custom workflows without code. Users can manage projects, automate processes, track KPIs, and integrate third-party tools such as CRM, customer support, and development platforms.
monday.com focuses on adaptability, enabling organizations to replace fragmented tools with a single unified platform for work management.
How Much Funding Has monday.com Raised?
1. Seed Round
- Amount Raised: $1.5M
- Date: August 2012
- Lead Investors: Entree Capital, Genesis Partners
- Motivation: To develop the core platform and launch initial market entry.
2. Series A (Tranche 1)
- Amount Raised: $2.6M
- Date: August 2015
- Lead Investors: Genesis Partners, Entree Capital
- Motivation: To expand product capabilities and early customer growth.
3. Series A (Tranche 2)
- Amount Raised: $5.6M
- Date: December 2015
- Lead Investors: Genesis Partners, Entree Capital
- Motivation: To scale engineering and strengthen go-to-market operations.
4. Series B
- Amount Raised: $25M
- Date: April 2017
- Lead Investors: Insight Partners, Genesis Partners, Entree Capital
- Motivation: To accelerate platform development and expand globally.
5. Series C
- Amount Raised: $50M
- Date: July 2018
- Lead Investors: Stripes, Insight Partners, Entree Capital
- Motivation: To invest in product innovation and enterprise features.
6. Series D
- Amount Raised: $150M
- Date: July 2019
- Lead Investors: Sapphire Ventures, Hamilton Lane, HarbourVest Partners, Vintage Investment Partners, ION
- Motivation: To scale enterprise adoption and strengthen global presence.
7. Post-IPO Funding
- Amount Raised: $150M
- Date: June 2021
- Lead Investors: Zoom, Salesforce Ventures
- Motivation: To expand platform ecosystem and strategic integrations.
Total Funding Raised: $383.7 Million
Latest Funding Date: June, 2021
Key Investors
1. Insight Partners
- Details: Global private equity and venture capital firm backing high-growth software companies.
- Investment Focus Areas: SaaS, enterprise software, productivity platforms.
- Notable Investments: Wix, Shopify, SentinelOne.
2. Salesforce Ventures
- Details: Corporate investment arm of Salesforce supporting cloud and enterprise technology companies.
- Investment Focus Areas: CRM, collaboration, enterprise SaaS.
- Notable Investments: Zoom, Dropbox, Snowflake.
3. Sapphire Ventures
- Details: Growth-stage venture capital firm investing in category-leading technology companies.
- Investment Focus Areas: Cloud infrastructure, enterprise software, B2B platforms.
- Notable Investments: Box, MuleSoft, Outreach.
4. Stripes
- Details: Growth equity firm investing in software and consumer technology businesses.
- Investment Focus Areas: SaaS, data platforms, productivity tools.
- Notable Investments: Udemy, Flatiron Health, Snyk.
Where Is monday.com’s Headquarters?
monday.com is headquartered in Tel Aviv, Israel, a global hub for SaaS innovation, product engineering, and enterprise software talent.
What’s Next for monday.com?
monday.com continues to expand its platform beyond project management into CRM, dev tools, and AI-powered workflow automation. The company is focused on increasing enterprise adoption, deepening integrations, and embedding AI across planning, execution, and reporting to become a central operating system for modern work.
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