Monday.com

Monday.com Ltd. (styled in lowercase as monday.com) is an Israeli-based 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]

History

Monday.com was founded in 2012[7] by Roy Mann, Eran Kampf and Eran Zinman. The company, originally called Dapulse, began as an internal tool developed at SAAS website builder Wix.com to address communication and transparency challenges as Wix rapidly scaled. 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.[9][10] The product was commercially launched in 2014.[11][12] In June 2016, the company announced the closing of $7.6M in a Series A round.[13][14] The round was led by Genesis Partners, with participation from existing backer Entrée Capital.[14]

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.[18] 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] As of 2021, the company reported it was serving over 127,000 customers across over 200 business verticals.[19][20][21] In May 2020, the company won the 2020 Webby Award for Productivity in the category Apps, Mobile & Voice.[22][23] In May 2021, the company filed for a U.S. IPO.[24][25] The company went public on June 10, 2021.[26]

In February 2025, monday.com reported record financial results for the fourth quarter and the fiscal year 2024, with a revenue of $268 million, representing a 32% growth compared to the previous year.[27] The company also achieved a record non-GAAP operating profit and a net dollar retention rate of 112%. Additionally, monday.com plans to hire around 600 new employees over the next 12 months and is seeking strategic acquisitions to expand its operations.[28]

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.[29]

API

Version 1 of monday.com's API is a representational state transfer based JSON API capable of handling cross-origin resource sharing (CORS) requests and uses an API Token as authentication.[30]

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

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.[31]

See also

• Comparison of project management software
• List of collaborative software

External links

• Productivity tool Reviews