monday.com

Profile

monday.com is a work management platform based in Israel, co-founded by Eran Zinman and Roy Mann. It recently launched a corporate venture capital arm named monday Ventures, led by Aviel Ichai, who brings experience from Siemens-backed Next47. This strategic unit aims to invest in startups focusing on enterprise AI applications, targeting integration opportunities that align with monday.com's AI-agent pivot. The venture arm benefits from monday.com's extensive distribution network and positioning in the enterprise software space.

monday Ventures invests in the "world of work", specifically in enterprise AI applications, AI agents, workflow automation, cybersecurity, and enterprise data infrastructure. The fund focuses on investments from seed to growth stages, with a check size ranging from $1 to $5 million. Geographically, it is anchored in Israel with a global mandate. The Ventures arm operates on a capital ceiling of $200 million, though only $50 million is initially live, with further tranches requiring board approval. The fund is backed solely by corporate balance-sheet capital from monday.com.

Notable investments by monday Ventures include leading the seed round of Blocks.diy, a startup building digital workers for automation, and participating in Guidde's Series B and NanoCo's seed round. These strategic investments underline its focus on the integration of AI-driven solutions within monday.com's platform, leveraging its widespread customer base.