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Monday.com was founded in 2012 by Roy Mann, Eran Kampf and Eran Zinman. By August of that year, the company, then called dapulse, raised $1.5 million in seed funding. The product was commercially launched in 2014. In June 2016, the company announced the closing of $7.6 million in a Series A round. The round was led by Genesis Partners, with participation from existing backer Entrée Capital. In April 2017, the company raised $25 million. The round was led by New York-based firm Insight Venture Partners, with participation from existing Series A investors Genesis Partners and Entrée Capital. In November 2017, the company changed its brand name from dapulse to Monday.com.In July 2018, the company raised a $50 million Series C funding round. The round was led by New York-based growth equity firm, Stripes Group, with participation from existing Series A and B investors, Insight Venture Partners and Entrée Capital. In July 2019, the company announced it raised a $150 million Series D round, bringing total funding to $234.1 million. The round was led by Sapphire Ventures with participation from Hamilton Lane, HarbourVest Partners, ION Crossover Partners and Vintage Investment Partners. The funding gave the company a valuation of $1.9 billion, making it a unicorn. As of 2021, the company reported over it was serving 127,000 customers across over 200 business verticals. In May 2020 the company won the 2020 Webby Award for Productivity in the category Apps, Mobile & Voice. In May 2021, the company filed for a U.S. IPO. The company went public on June 10, 2021.
