Work management platform Monday.com confidentially filed IPO paperwork in early May and released its F-1 on May 17. The Tel Aviv-based SaaS provider was founded in 2012 and achieved a valuation of $2.7 billion in a funding round uncovered by Bloomberg in May 2020.
The stakeholders of Monday.com say:
Monday.com disclosed the following ownership stakes, as they stood prior to any offering:
- Insight Partners owned a 42.7% stake.
- Monday.com co-founder and CEO Roy Mann owned a 15.3% stake.
- Sonnipe Limited owned a 12.4% stake.
- Stripes owned a 7.8% stake.
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