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.)
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/ 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:
Lock-Up Period Expiration Date:
SCOOP Rating
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