Monday.com Launches Work Operating System
The company's new operating system will include a marketplace enabling developers to create and package apps, custom widgets, and workflows for use by their own organization or for commercial use by other organizations
Hagar Ravet | 13:00 04.02.2020
Tel Aviv-based team management and productivity startup Monday.com Labs Ltd. has launched monday 2.0, a work operating system (work OS) that enables companies to build custom workflow apps in a matter of minutes, the company announced Tuesday. Monday.com develops and markets a team management platform for organizations and businesses such as academic institutions, manufacturing companies, and the hospitality industry. Customers can use Monday.com’s platform to manage and track projects, manufacturing lines, and schedules. Approximately 100,000 organizations use the company’s platform, according to company statements, including McDonald’s, streaming company Hulu LLC, and Danish brewery the Carlsberg Group.
Founded in 2012 as DaPulse Labs by Roy Man and Eran Zinman, Monday.com currently employs some 265 people in offices in Tel Aviv and New York. The companyhas raised $234 million to date from investors including Sapphire Ventures, Hamilton Lane, Ion Asset Management, Vintage Investment Partners, Insight Partners, and Entrée Capital.