monday.com, a Tel Aviv and New York-based work management platform for teams to manage their work, raised $150m in Series D funding.
The round, which brought total funding raised to date to $234.1m, was led by Sapphire Ventures, with participation from Hamilton Lane, HarbourVest Partners, ION Crossover Partners and Vintage Investment Partners.
The company intends to use the funds to accelerate its growth strategy, scale international operations, develop further platform integrations, and continue to refine localizations and language offerings.
Launched in 2014 with offices in Tel Aviv and New York by Roy Mann, CEO, monday.com is a centralized hub for all work processes, from project management to tracking tasks, HR processes to projecting sales, marketing planning to event coordination, and anything in between.
People have the ability to integrate every tool they need into monday.com, such as JIRA for development needs, Typeform for surveying, Mailchimp for email outreach, or Slack for chat, to automate millions of workplace actions.
It is projected to have 200 integrated apps by the end of 2019, with plans to add hundreds more next year.
Used by over 200 business verticals, including tech-savvy and non-tech savvy teams alike, monday.com serves such customers as Carlsberg, Discovery Channel, Glossier, Hulu, Phillips, WeWork, and Zippo, hundreds of Fortune 500 companies and over 80,000 others from over 140 countries.