Monday.com Raises $574 million IPO
Monday.com raised $574M in IPO financing led by Various, with participation from Various (IPO). AI work management platform for enterprise teams. The new capital is framed around Build Monday AI and expand Monday CRM and Monday Dev.
What it does
AI work management platform for enterprise teams. The business sits in AI & Machine Learning, where funded companies are using fresh capital to deepen product coverage, distribution, or operating capacity.
Traction
127,000+ customers; 35% revenue from Enterprise tier growing 150% YoY. Management framed the new capital around Build Monday AI and expand Monday CRM and Monday Dev.
Trend impact
AI work management competing with Asana and Jira for team productivity. The capital raise matters because it gives the company more room to compete for customers, talent, and mindshare while incumbents and adjacent startups respond with clearer product depth or distribution.
Funding history
- June 1, 2021 · IPO · $574 million · Various (IPO)
- July 1, 2023 · Growth Round · $200 million · Various
Products & services
- AI & Machine Learning workflow monitoring tied to the funding announcement
- Customer-facing product described on the company website
- Operational tooling for ai & machine learning teams
- Data capture and reporting across core business processes
- Team expansion support funded by the latest round