Monday.com

Monday.com Overview

Company Headquarters: Tel Aviv, Israel

Founded: 2012

Workforce: ~5000

Company Working: Monday.com is a cloud-based platform that allows users to create their own applications and project management software. Monday.com offers work management, Sales CRM and Monday Dev for development and product teams.Monday.com offers solutions as per the team types and company sizes. Monday.com serves more than 180,000 customers present in more than 180 countries across the globe. It offers Work OS that produces maximum productivity, helps in bringing teams together, helps in reaching goals faster, and creates an ideal workflow with its building blocks.

Strategy

Monday.com is focused on solving problems for its clients in marketing, communication, IT, and HR domain. Monday.com offers one platform for its clients so that employee engagement enhances and productivity increases in a remote digital workspace environment.Monday.com is focused on providing solutions for work management, development, and Sales CRM.

Company Snapshot

$161.12M

Revenue

5,000

Employees

2012

Founded

Tel Aviv, Israel

Headquarters

SWOT Analysis

Strengths

Unique platform for digital workspace solutions
One platform for Marketing, collaborations, communications and development

Weaknesses

Limited partners in Asian region

Opportunities

Positive outlook for digital workspace industry
Strong network of partners in SaaS solutions for digital workspace

Threats

Stiff competition from US based players

Key Developments

Date	Approach	Development
April 2023	Expansion	Monday.com announced that they have unveiled plans to incorporate transformative AI capabilities. The company is opening its platform for third-party developers to build AI apps on the Monday-Work OS.
March 2023	Expansion	Monday.com announced that they have opened their new regional APAC headquarters in Sydney. The company opened new office space as it marked 76% YoY growth in its number of employees.
January 2023	Expansion	Monday.com announced that they have opened a new office in Denver. This office space is expected to be used in sales ventures.
February 2022	Launch	Monday.com announced that they have launched a new form-building app ‘Workforms’ and a whiteboard called ‘canvas’. By this launch, the company is building a suite.

Product Offering

Monday.com
- Digital Workspace

Financial Performance

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