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

cloud-based Cloud computing is "a paradigm for enabling network access to a scalable and elastic pool of shareable physical or virtual resources with self-service provisioning and administration on-demand," according to International Organization for ...

platform that allows users to create their own applications and

project management software Project management software are computer programs that help plan, organize, and manage resources. Depending on the sophistication of the software, it can manage Software development effort estimation, estimation and planning, Schedule (workplace) ...

. The product 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.

History

Monday.com was founded in 2012 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. By August 2012, Dapulse raised $1.5 million in seed funding. The product was commercially launched in 2014. In June 2016, the company announced the closing of $7.6M in a Series A round. The round was led by

Genesis Partners Genesis Partners is an Israeli venture capital firm, founded in 1996 by Eddy Shalev and Eyal Kishon. Overview Genesis Partners investment strategy is focused on early-stage Israeli innovation-driven technology companies. The company invests in ...

, with participation from existing backer Entrée Capital. In April 2017, the company raised $25 million. The round was led by New York–based firm

Insight Venture Partners Insight Venture Management, LLC (commonly referred to as Insight Partners and previously Insight Venture Partners) is a global venture capital and private equity firm that invests in high-growth technology, software, and internet businesses. The ...

, with participation from existing Series A investors Genesis Partners and Entrée Capital. In November 2017, the company changed its brand name from dapulse to monday.com. In July 2018, the company raised $50 million in a Series C funding round. The round was led by New York–based growth equity firm,

Stripes Group Stripes (Stripes, LLC) is a private equity and venture capital firm based in Manhattan, New York, founded in 2008.

, with participation from existing Series A and B investors,

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 Sapphire Ventures (stylized as SAPPHIRE) is a venture capital firm with offices in Menlo Park, San Francisco, Austin, and London. The firm is considered one of the world's premier venture capital firms. The firm primarily invests in Series B thr ...

with participation from

Hamilton Lane Hamilton Lane Incorporated is an American alternative investment management and advisory company headquartered in Conshohocken, Pennsylvania. The company provides private markets investments to its clients. The company has 22 offices globally ...

, HarbourVest Partners, ION Crossover Partners, and Vintage Investment Partners. The funding gave the company a valuation of $1.9B, making it a

unicorn The unicorn is a legendary creature that has been described since Classical antiquity, antiquity as a beast with a single large, pointed, spiraling horn (anatomy), horn projecting from its forehead. In European literature and art, the unico ...

. As of 2021, the company reported it was serving over 127,000 customers across over 200 business verticals. In May 2020, the company won the

2020 Webby Award The 2020 Webby Awards ceremony was posted online on May 19, 2020, and was hosted by Patton Oswalt. Named Webbys From Home, it recognized the best of Internet content. Due to the COVID-19 pandemic, the award ceremony was held virtually at the organ ...

for Productivity in the category Apps, Mobile & Voice. In May 2021, the company filed for a U.S.

IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

. The company went public on June 10, 2021. 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. 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.

API

Version 1 of monday.com's API is a

representational state transfer REST (Representational State Transfer) is a software architectural style that was created to describe the design and guide the development of the architecture for the World Wide Web. REST defines a set of constraints for how the architecture of ...

based

JSON JSON (JavaScript Object Notation, pronounced or ) is an open standard file format and electronic data interchange, data interchange format that uses Human-readable medium and data, human-readable text to store and transmit data objects consi ...

API capable of handling

cross-origin resource sharing Cross-origin resource sharing (CORS) is a mechanism to safely bypass the same-origin policy, that is, it allows a web page to access restricted resources from a server on a domain different than the domain that served the web page. A web page m ...

(CORS) requests and uses an API Token as authentication. Version 2 of their API is a

GraphQL GraphQL is a data query and manipulation language that allows specifying what data is to be retrieved (" declarative data fetching") or modified. A GraphQL server can process a client query using data from separate sources and present the res ...

API An application programming interface (API) is a connection between computers or between computer programs. It is a type of software interface, offering a service to other pieces of software. A document or standard that describes how to build ...

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

allows users to build on the platform capabilities. Use cases include custom views, dashboard widgets, automations, and integrations with other work apps.Steve Brooks
"Monday.com launches Apps Framework"
''Enterprise Times'', June 30, 2020

References

External links

* {{Task management software Software companies established in 2012 2012 establishments in Israel Software companies of Israel Collaborative software Project management software Task management software Israeli brands Companies based in Tel Aviv 2021 initial public offerings Companies listed on the Nasdaq Webby Award winners