monday.com
Israeli-founded SaaS company operating a cloud-based work operating system (Work OS) for teams and organizations. Dual-listed on Nasdaq (MNDY) and TASE.
monday.com is an Israeli-founded software company that builds a cloud-based Work Operating System (Work OS) used by organizations to manage projects, workflows, and team collaboration. The platform serves more than 225,000 customers across 200+ countries, spanning industries from marketing and software development to construction and HR.
Founding and Growth
Founded in 2012 in Tel Aviv by Roy Mann and Eran Zinman, monday.com (originally called dapulse) launched as a visual project management tool designed to replace spreadsheets and legacy software. The company rebranded to monday.com in 2017 and expanded its product line to include monday CRM, monday Dev, and monday Work Management — each built on the same underlying platform architecture.
Public Markets
monday.com went public on Nasdaq in June 2021 under the ticker MNDY, raising approximately $574 million at a valuation above $6.8 billion. It subsequently dual-listed on the Tel Aviv Stock Exchange (TASE), joining the index of Israel's largest tech companies trading on both exchanges. The company has been consistently profitable on a non-GAAP basis and generates annual recurring revenue exceeding $1 billion.
Product Architecture
The Work OS model differentiates monday.com from single-purpose SaaS tools. Rather than offering one fixed workflow, the platform provides a low-code/no-code framework that lets teams build custom applications — dashboards, automations, integrations — without engineering resources. This extensibility has driven enterprise adoption and positioned monday.com as a horizontal platform competing with Asana, Smartsheet, and Atlassian.
Israeli Tech Ecosystem
monday.com is headquartered in Tel Aviv with offices in New York, London, Miami, Chicago, Denver, and Sydney. The company employs over 2,000 people globally, with significant R&D operations remaining in Israel. It is one of the highest-valued Israeli SaaS companies by market capitalization and a benchmark name in discussions of Israel's enterprise software sector.