monday.com

Originally started as a project management tool called dapulse in 2012, Monday.com (renamed in 2017), is an Israeli workplace collaboration platform that provides project management tools. It provides a flexible and visual interface for project management, task tracking, team collaboration, CRM, software development, and more., 

Monday.com's core offering is its highly customizable platform where teams can build their own applications and workflows using a low-code/no-code approach. The platform integrates with over 50 popular work apps and offers powerful automation capabilities.

In addition to general work management, monday.com provides dedicated solutions for several use cases such as, Project Management, CRM & Sales, Marketing & Creative Work, Software Development, and Remote Team Collaboration.

In March 2023 , Monday established a new regional headquarters in Sydney to further expand its presence in the Asia-Pacific region, having entered the region with a new office in Japan in  October 2022. The company also set up headquarters in Europe in April 2022.

Key customers and partnerships

As of 2024, monday.com has over 225,000 customers across 200 countries, including brands like Coca-Cola, Universal Studios, Spotify and NASA.

To increase its local base, Monday established partnerships with well-known Japanese firms such as Hitachi Solutions, NTT DATA Global Solutions Corporation, Gaprise, and TalentA Corp. 

Funding and financials

In June 2021, monday.com raised USD 574 million through its Nasdaq IPO y and was valued at nearly USD 7.5 billion.

The company’s FY2023 revenue was USD 729.7 million, an increase of 41% year-over-year (YoY), and reported an operating loss of USD 38.6 million in FY2023 (vs. the loss of USD 152.0 million in the previous year).  As of Q1 FY2024, the company guided FY2024 full-year revenue to USD 207 million–211 million. The FY2024 non-GAAP operating loss was guided to USD 58 million–64 million, with a negative margin of 6%–7%.