Israeli team management software provider Monday.com covertly submitted to the US Securities and Exchange Commission for an initial Wall Street public offering (IPO). Bloomberg reports Monday.com is working with Goldman Sachs on the list, according to people familiar with the matter. One person, who requested anonymity because it is a privacy issue, told Bloomberg that an IPO could take place as soon as this quarter. People said Monday.com’s plans are not final and the timing and details of its potential listing may change. RELATED ARTICLES Telework boosts Monday.com’s valuation to $ 2.7 billion boosts Monday.com team management program $ 150 million Monday.com Goldman Sachs declined to comment on the report, Bloomberg added. Monday.com was founded in 2012 by co-CEO Roy Mann and Iran Zenman. Monday.com was named the best promising startup in “Globes” in 2017. The company’s team management platform has been strengthened due to the Covid-19 crisis and remote work, which according to “Bloomberg” saw its valuation rise from $ 1.9 billion, When it raised $ 150 million in a funding round in July 2019, to $ 2.7 billion last year. With offices in Tel Aviv, New York and elsewhere, Monday.com raised $ 234 million from investors including Sapphire Ventures, Entrée Capital, HarbourVest Partners, ION Crossover Partners and Vintage Investment Partners. Posted by Globes, Israel business news – en.globes.co.il – May 7, 2021 © Copyright Globes Publisher Itonut (1983) Ltd. 2021
Monday.com Wall Street IPO Files – Report
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