When a company catches your eye—whether it’s for its superb marketing campaign you saw, word of mouth from a friend, or a stellar personal experience—you naturally want to know more.
How is their stock doing? If it’s successful, what was the path that led them there? Getting the full picture of a company’s history, brand values, and more can give you a more detailed picture of the people and products that you’re seeking to potentially trust your hard-earned dollars with.
As a company that recently went IPO, we felt more now than ever that it was a great opportunity to reflect on our own journey and share it with you all. In this blog, we’re covering all of this and more so you can get to know monday.com a little better (without scouring Google results full of bulky analyst reviews).
What is monday.com?
monday.com is a Work OS pioneering a new category of software that will change the way people work and businesses operate. Our platform democratizes the power of software so organizations can easily build software applications and work management tools that fit their needs.
Our platform’s building blocks are simple enough for anyone to use but are powerful enough to drive the core functionality within any organization. monday.com integrates with other systems and applications, creating a new connective layer for organizations.
With monday.com, our customers can accelerate their digital transformation, enhance organizational agility, create a unifying workspace across departments, and increase operational efficiency and productivity.
Our company story
Today, monday.com serves more than 127,000 customers worldwide (in 14 languages and counting), with more than 850 employees working from 8 global sites. You can find monday.com employees in:
- Tel-Aviv, IL
- New York, US
- Miami, US
- San Francisco, US
- Chicago, US
- London, UK
- Kiev, Ukraine
- Sydney, AU
monday.com was founded in 2012 by co-founders, Roy Mann and Eran Zinman, who had experienced firsthand many of the challenges associated with quickly scaling organizations. From there, their passion point centered on building a solution that people would actually enjoy using.
As a company that strives to continuously offer the best product possible to our customers, we believe there are several generational shifts in technology at play that shape what we do.
In order to gain speed and efficiency, organizations have to digitize their workflows that used to play out only in boardrooms and meeting spaces. We believe that flexible and adaptable software is the key to revolutionizing the way businesses operate and succeed.
Because of this, it’s also always been our priority to create a platform that makes adopting new software frictionless, and even enjoyable for customers.
With this in mind, we created and constantly improved our platform with features and capabilities that can support real people and real teams with distributed, cross-functional work and make it more efficient and effective for organizations—and a llama or two along the way.
The road to IPO
To get a better idea of our journey to becoming a publicly-traded company, we’ve created a timeline that captures how far we’ve come from the number of customers we serve and our valuation to product milestones.
In 2012, things started cooking and we secured our first round of funding with a 1.5 million Seed Round. After a lot of research, collaboration, and burning the midnight oil, our team built the prototype for what is known today as monday.com. Just two years later, monday.com officially launched from a humble apartment in Tel Aviv.
From there, things really got moving. Over the next six years, we did a lot:
Perhaps one of our biggest strides was our 2020 launch of monday 2.0, when we officially transformed into a work operating system (Work OS). Despite the COVID-19 pandemic, we also pushed forward, growing our teams and launching monday apps- our unique framework that allows every developer in the world to easily build apps on top of monday.com.
This year, we rang the bell and officially became a publicly-traded company on Nasdaq. Over 780 million dollars was raised leading up to the IPO, led by Zoom and Salesforce Ventures. As Roy and Eran rang the bell at Nasdaq, over 127,000 customers and 80 employees of monday.com became part of a historical moment — the first Work OS going public.
Check out this video for a glimpse of what it was like!
Investor and stock information
You’re probably wondering the best place to stay up to date with us, from stock price and news releases to SEC filings. On our investor relations page, you can find this information and more, including FAQs and scheduled events, like our Fiscal Earnings Calls.
You can even peruse relevant presentations, such as product demos and the Past, Present, and Future of Work OS. Better yet, you can request email alerts, so you’re always in the know when it comes to monday.com’s journey.
We’re excited about what’s more to come and look forward to having you along for the ride.