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monday.com (MNDY) is a software company that provides a cloud-based Work Operating System (Work OS) designed to help organizations build customized workflows, improve collaboration, and enhance productivity. The company operates on a subscription-based model, offering tools that enable businesses to manage various aspects of their operations. Its platform is widely used by organizations, educational institutions, and government entities globally.
- Work OS Platform - Offers a flexible and scalable cloud-based system that allows businesses to create customized workflows and manage projects, tasks, and operations efficiently.
- Subscription Services - Generates nearly 100% of revenue through subscription-based access to its platform, focusing on customer retention and expansion through cross-selling and upselling.
- Enterprise Solutions - Targets larger customers with advanced features and integrations, catering to organizations with more than 10 users and enterprise clients with significant annual recurring revenue.
- AI and Machine Learning Features - Integrates artificial intelligence and machine learning capabilities to enhance platform functionality and provide advanced automation and insights.
Name | Position | External Roles | Short Bio | |
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Roy Mann ExecutiveBoard | Co-Chief Executive Officer | Roy Mann has served as Co-Chief Executive Officer of monday.com Ltd. since June 1, 2012. He has also been a board member since February 2012 and holds founder shares with veto rights over key corporate decisions. | View Report → | |
Adi Dar Executive | Chief Operating Officer | Adi Dar is the Chief Operating Officer of monday.com since 2024, overseeing global business operations including customer experience, IT, security, program management, and workplace operations. Previously, he served as CEO of ELOP, founded Cyberbit, and led Elbit Systems' Intelligence and Cyber Division. | ||
Casey George Executive | Chief Revenue Officer (CRO) | Casey George is the Chief Revenue Officer at monday.com, effective May 15, 2025. He brings nearly 30 years of experience from previous executive roles at companies including Qlik and IBM. | ||
Daniel Lereya Executive | Chief Product and Technology Officer | Daniel Lereya is the Chief Product and Technology Officer at monday.com since 2023. He previously served as Vice President of Research and Development from October 2016 and as Vice President of Product from December 2020. | ||
Eliran Glazer Executive | Chief Financial Officer (CFO) | Eliran Glazer serves as the Chief Financial Officer (CFO) at monday.com since March 2021. He previously held CFO roles at Lightricks Ltd. from December 2019 to February 2021 and at Nex Markets from April 2012 to November 2018 (continuing as CFO for a CME Group Company until November 2019). | ||
Shiran Nawi Executive | Chief People and Legal Officer | Shiran Nawi has been serving as Chief People and Legal Officer at monday.com since 2023, and she previously served as General Counsel from June 2018. | ||
Aviad Eyal Board | independent director | Co-Founder and Managing Partner at Entrée Capital (since 2011); Board Member at Broadlume Inc. (since 2019); Board Member at BlueWhite Robotics Ltd. (since 2019); Board Member at Rivery Ltd. (since 2021); Board Member at Prospa Group Ltd. (since 2017) | Aviad Eyal has served as an independent director on the board of directors at MNDY since June 2014. He contributes to the company's governance through his roles on the audit committee, compensation committee, nominating committee, and the environmental, social, and governance committee. | |
Gili Iohan Board | Independent Director | Partner at ION Crossover Partners; Partner at Cato Networks; Board member at Varonis Systems, Inc.; Board member at Fiverr International Ltd.; Board member at Aqua Security Ltd.; Board member at Lusha Ltd. | Gili Iohan has served as an independent director on the board of monday.com (MNDY) since June 9, 2021, serving on its audit, compensation, and nominating committees. She brings extensive financial and corporate governance experience from her roles as a partner at ION Crossover Partners since 2018, a partner at Cato Networks since 2024, and board memberships at other firms. | |
Jeff Horing Board | Chairperson of the Board of Directors | Co-Founder and Managing Director at Insight Partners ; Director at nCino, Inc. | Jeff Horing has served as a board member and Chairperson of the Board of Directors at monday.com since May 20, 2017. He is also the Co-Founder and Managing Director of Insight Partners since 1995 and has contributed significant expertise in technology investments and scaling growth companies. | |
Petra Jenner Board | independent director | Senior Vice President and General Manager for EMEA at Splunk | Petra Jenner has served as an independent director on the board of MNDY since April 2024. She is currently the Senior Vice President and General Manager for EMEA at Splunk and has held executive positions at Salesforce, Microsoft, Checkpoint, and Pivotal. | |
Ronen Faier Board | Independent Director | CFO of SolarEdge Technologies Inc.; Board Member of Kaltura Inc.; Board Member of Cato Networks Ltd. | Ronen Faier has served as an Independent Director at MNDY since June 9, 2021. He is also the CFO of SolarEdge Technologies Inc. since January 2011 and holds board positions at Kaltura Inc. (since July 2021) and Cato Networks Ltd.. |
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With the Chief Revenue Officer, Yoni Osherov, departing at the end of December and a successor yet to be appointed, how do you anticipate this leadership transition will impact your sales strategy and momentum, especially as you focus on moving upmarket and expanding into new product areas?
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Despite surpassing $1 billion in ARR, net new customer additions have softened partly due to price increases and focus on larger enterprises; are you concerned that this strategy may limit your customer acquisition engine, and how do you plan to balance growth between acquiring new customers and expanding existing ones?
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Given that the price increase contributed significantly to your revenue growth and NDR improvement this year, to what extent do you believe this strategy is sustainable, and are you concerned that reliance on price hikes could be masking underlying issues with organic growth?
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As you expand into CRM and service management markets, you're encountering more competition; how do you plan to differentiate your offerings in these mature markets, and what is your strategy to win against established players?
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While you report significant growth in AI actions and AI block adoption, you mentioned not modeling for AI monetization in 2025; what is your roadmap for monetizing AI capabilities, and how critical is AI innovation to your future growth and competitive positioning?
Recent press releases and 8-K filings for MNDY.
- The company showcased 30% growth and a $1 billion run rate, highlighting robust performance amid competitive pressures.
- Diversification across CRM, work management, development, and service products supports stable revenue expansion and deeper enterprise penetration.
- The recent upgrade with mondayDB has significantly expanded enterprise capacity, increasing seat counts from 7,000 to 80,000.
- A comprehensive AI strategy—including AI Blocks, Power-ups, and agents with an outcome-based usage pricing model—is expected to drive productivity and value capture.
- Revenue reached $282.3 million with 30% YoY growth, recording GAAP operating income of $9.8M, record non-GAAP operating income, and $110M in adjusted free cash flow (39% of revenue)
- Robust customer growth with a 38% YoY increase in $50k+ ARR customers to 3,444, driving top-line expansion
- Strategic initiatives include launching new work management & AI-powered features (over 26M AI actions to date) and appointing Casey George as Chief Revenue Officer
- Guidance: Q2 2025 outlook projects revenue of $292–294M and non-GAAP operating income of $32–34M, while Fiscal 2025 guidance targets revenue between $1.220B–$1.226B, non-GAAP operating income of $144–150M, and adjusted free cash flow of $310–360M
- Strong financial margins with 90% gross margin, $53.8M in R&D expense (19% of revenue), $135.9M in Sales & Marketing expense (48% of revenue), and net income increasing to $58.4M from $31.7M a year ago
- Casey George is appointed as Chief Revenue Officer, effective May 15, 2025, to lead the company's global revenue strategy and drive enterprise adoption.
- The appointment is part of monday.com's broader effort to expand its global leadership team following strong fiscal performance and a strategic shift in its go-to-market approach.