EDGE
  • home.svg
    Home
  • news.svg
    All updates
  • news.svg
    EDGE Insights
  • list.svg
    Industries
  • db-search.svg
    Company Search
  • company-list.svg
    My Watchlists (Beta)
All updates

All updates

icon
Filter
Geographic expansion
Monday.com opens a new regional headquarters in Sydney
Remote Work Tools
Mar 2, 2023
This week:
Orijin raises seed funding for product development and expansion
Conservation Tech
Yesterday
Orijin raises seed funding for product development and expansion
Smart Farming
Yesterday
Product updates
Perplexity adds OpenAI o1 model and develops homepage widgets
Foundation Models
Yesterday
Partnerships
Nikola partners with WattEV to supply 22 BEVs
Truck Industry Tech
Yesterday
M&A
Zebra Technologies to acquire Photoneo from Photoneo Brightpick Group for undisclosed sum
Logistics Tech
Yesterday
Funding
Scope Technologies increases private placement offering to CAD 1.8 million
Machine Learning Infrastructure
Yesterday
Funding
Firefly Neuroscience raises USD 12.4 million in growth funding to commercialize technology
AI Drug Discovery
Dec 31, 2024
Listing
Nasdaq affirms delisting of OpGen after failed appeal
Precision Medicine
Dec 31, 2024
Funding
Rumble raises USD 775 million in strategic investment to support growth
Creator Economy
Dec 31, 2024
Product updates
InstaDeep releases open-source genomics AI model Nucleotide Transformers
Foundation Models
Dec 31, 2024
Remote Work Tools

Remote Work Tools

View industry hub
Mar 2, 2023

Monday.com opens a new regional headquarters in Sydney

Geographic expansion

  • Monday.com, an Israeli workplace collaboration platform, established a new regional headquarters in Sydney to further expand its presence in the Asia-Pacific region.

  • The company states that this decision was prompted by the 76% YoY growth in its Australian workforce in 2022, which now counts over 13,000 customers, including Canva, Tourism Australia, Officeworks, and Kmart. Revenue from the Australian market also saw a 50% YoY growth in FY2022, contributing to its YoY total revenue increase of 68% during FY2022.

  • Monday.com plans to localize its platform for the Australian market by prioritizing sectors such as retail, marketing, project and portfolio management, and manufacturing. It also has local channel partners and offices in New Zealand, Singapore, and Japan.

  • Analyst QuickTake: This announcement follows Monday.com’s previous expansion efforts in Europe by setting up a headquarters in London in April 2022 , and subsequently opening an office in Japan in October 2022 to establish its presence in the Asia-Pacific region.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.