monday.com Ltd.
General Information | |
Business: | monday.com democratizes the power of software so organizations can easily build software applications and work management tools that fit their needs. We call our platform ‘Work OS’ and we believe we are pioneering a new category of software that will change the way people work and businesses operate.
Our cloud-based platform is a no-code and low-code framework. It consists of modular building blocks that allow our customers to create their own software applications and work management tools with robust capabilities and an enjoyable user experience. With the platform’s no-code capabilities, customers can adapt each building block to build software applications and tools that fit their desired use case and evolving needs. This makes the platform both easy to adopt and scale over time.
As of March 31, 2021, we served 127,974 customers across over 200 industries in more than 190 countries. Our customers include Universal Music Group, the world’s leading music company; HubSpot, Inc., an American developer and marketer of software products; Oscar Insurance Corp., a health insurance company built around a full-stack technology platform; Indosuez Wealth Management, the global wealth management brand of Crédit Agricole Group, which is the world’s largest cooperative financial institution; the National Hockey League, the world’s premier professional ice hockey league, and the Ray White Group (Real Estate) Partnership, the largest real estate franchise in Australia and New Zealand.
(Note: monday.com priced its IPO on June 9, 2021, at $155 – $15 above the top of its $125-to-$140 range – on 3.7 million shares to raise $573.5 million.)
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Industry: | SERVICES - PREPACKAGED SOFTWARE |
Employees: | 799 |
Founded: | 2012 |
Contact Information | |
Address | 52 Menachem Begin Rd. Tel Aviv-Yafo 6713701, Israel |
Phone Number | +972(55) 939-7720 |
Web Address | http://www.monday.com/ |
View Prospectus: | monday.com Ltd. |
Financial Information | |
Market Cap | $6776.6mil |
Revenues | $161.1 mil (last 12 months) |
Net Income | $-152.2 mil (last 12 months) |
IPO Profile | |
Symbol | MNDY |
Exchange | NASDAQ |
Shares (millions): | 3.7 |
Price range | $155.00 - $155.00 |
Est. $ Volume | $573.5 mil |
Manager / Joint Managers | Goldman Sachs/ J.P. Morgan/ Allen & Co./ Jefferies |
CO-Managers | William Blair/ Piper Sandler/ Oppenheimer & Co./ Canaccord Genuity/ Cowen and Company/ Needham & Co./ Academy Securities/ Loop Capital Markets/ Ramirez & Co./ Siebert Williams Shank/ Tigress Financial Partners |
Expected To Trade: | 6/10/2021 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |