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Everything You Need To Know About The Monday.Com IPO




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.

Read More @ – Protocol.com




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