Monday.com Raises $150M in Series Unknown

Monday.com has successfully raised $150M in a Series Unknown at a $9B valuation led by Hamilton Lane, Vintage Investment Partners, Stripes, Sapphire Ventures.

Company Overview

Monday.com is a Productivity company headquartered in 25 Habarzel Street, Tel Aviv 6971035, Israel, founded in 2012 with 1500+ employees.

Work operating system

Fundraising Details

• Amount Raised: $150M
• Round Type: Series Unknown
• Valuation: $9B
• Date: 2024-05-08
• Investors: Hamilton Lane, Vintage Investment Partners, Stripes, Sapphire Ventures

About Monday.com

Work operating system The company is positioned in the Productivity sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: 25 Habarzel Street, Tel Aviv 6971035, Israel
• Founded: 2012
• Team Size: 1500+
• Industry: Productivity

What This Means

This funding round demonstrates strong investor confidence in Monday.com's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Productivity sector continues to attract significant investment as companies innovate to meet evolving market demands. Monday.com's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $9B valuation marks an important milestone for Monday.com, positioning the company among notable players in the Productivity industry.

Looking Ahead

With this new capital, Monday.com is well-positioned to execute on its growth strategy and continue building innovative solutions in the Productivity space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-05-08. For more information about Monday.com, visit their headquarters at 25 Habarzel Street, Tel Aviv 6971035, Israel.