What smart money is saying about Monday.com
1 fund in our archive has pitched Monday.com, most recently Polen International Growth in December 2024.
monday.com Ltd., along with its affiliated entities, designs and provides software solutions for a global market, spanning the United States, Europe, the Middle East, Africa, and other international regions. Its flagship offering is Work OS, an intuitive cloud-native visual work operating system constructed from configurable modules. This platform empowers users to assemble bespoke software applications and effective work management tools. The company further supplies dedicated product solutions catering to various functions, including marketing, customer relationship management (CRM), project coordination, and software engineering. Additionally, monday.com delivers comprehensive business development, presales, and customer support services. Its client base is broad, encompassing diverse organizations, educational and governmental institutions, and specific business divisions within larger enterprises. Founded in 2012, the firm was initially known as DaPulse Labs Ltd. before rebranding to monday.com Ltd. in November 2017. It maintains its corporate headquarters in Tel Aviv-Yafo, Israel.
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Position history
Between Q4 2024 and Q2 2026, 5 fund letters reported a position in Monday.com, with 2 sells (trimmed or exited).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 1 | 0 | 1 | 0 |
| Q4 2025 | 3 | 0 | 1 | 0 |
| Q3 2025 | 1 | 0 | 0 | 0 |
| Q4 2024 | 0 | 0 | 0 | 1 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 5 positions · 2 moves
- TrimmedMeditation CapitalJune 2026
“In addition to Braze and Monday which we already owned (Monday we have since reduced due to opportunity cost as all software fell”
Monday.com - December 2025
“During the third quarter of 2025, the U.S. SMID Cap Growth Composite Portfolio returned 14.8% gross and 14.4% net of fees, respectively, compared to the 10.7% return of the Russell 2500 Growth Index. • The top contributors to relative performance in the period were Bloom Energy, SoFi Technologies, and Talen Energy. The most significant detractors from relative performance were Grupo Financiero Galicia, Monday.com, and Astera Labs (not owned).”
Monday.com - December 2025
“We exited our position in monday.com to reallocate capital toward businesses where we have higher conviction in their ability to generate long-term, above-average growth.”
Monday.com - December 2025
“Another weak stock in the Fund was Monday.com Ltd. (MNDY).”
Monday.com - September 2025
“Monday.com is an Israel-based leader in the workflow-management software space. It integrates systems of records (such as ERP or CRM software) with other tools (email/calendar/storage/communication), as well as structures and automates tasks. We think Monday.com saves clients time, money and headaches. It differentiates itself from the competition in flexibility and ease of use. First, Monday.com uses a rather unique schema-less (NoSQL) database architecture. With a schema-less database, one does not have to worry about designing and maintaining a more rigid relational-type database with structured rows and columns, like an Excel spreadsheet. One can change the data structure on the fly without having to migrate or alter existing data. Second, Monday.com has added more verticals to its offerings (such as CRM and HR) without compromising ease of use. This allows Monday.com to adopt a “land and expand” strategy, where the adoption often starts with one team The Brown Capital Management International All Company Fund Management Discussion of Fund Performance, Third Quarter 2025 4 This is not a recommendation to buy or sell a particular security. Holdings are subject to change. Please see holdings disclosures. (such as marketing/sales) within an organization and expands grassroots more broadly. The company currently serves more than 245,000 customers globally across various industries. Monday.com reported strong results during the quarter. Most notably, sales grew 27% year over year and GAAP operating margin improved 500 basis points from the year-ago level. The company raised its sales outlook for the full year to 26%-plus sales growth, a figure that was slightly less than what some investors had hoped for. Two comments appeared to unnerve investors. First, the company noted that it is seeing some weakness in small and medium-sized business customers. Second, it warned that Google’s push to have a more AI-centric search experience is spurring Monday.com to reconfigure its customer acquisition model. Software companies have been hounded by concerns about how they will adapt to a new age of AI and potentially fewer customers who will buy their software on a “per seat” basis. We recently engaged with management and attended the company’s 2025 Investor Day in New York City.”
Monday.com
Fund coverage · 1 thesis
- Polen International GrowthDecember 2024
Monday.com is an Israel-based software company with a highly customizable work management platform that is expanding its product offerings and demonstrating strong growth potential.
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