How Co-CEOs Scaled monday.com to $120M ARR in 3 Years

March 14th, 2025

Founded By
Roy Mann
Monthly Revenue
$83.3M
Starting Costs
$1.4M
Founders
2
Employees
2500 (est.)
Monthly Traffic
18.4M
Profitable
Yes
Year Started
2012
Customer
B2C
Revenue Per Visitor
$4.54

Who is Roy Mann?

Monday.com was co-founded by Eran Zinman and Roy Mann in Tel Aviv, Israel. Before Monday.com, Eran Zinman worked as the head of research and development at Conduit Mobile, while Roy Mann was an executive at Wix, specializing in gaming entrepreneurship. Zinman and Mann, both with backgrounds in technology and development, collaborated to create a more efficient workplace tool, leading to the birth of Monday.com.

What problem does monday.com solve?

Monday.com solves the problem of disorganized project management by offering a user-friendly platform that helps teams efficiently manage their workload, reducing the time wasted on coordination chaos often experienced with other tools. Users appreciate...

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Sources (5)

thetwentyminutevc.libsyn.com  SaaStr youtu.be calcalistech.com 20 Min VC
2 podcasts · 2 youtube videos · 1 article
thetwentyminutevc.libsyn.com
thetwentyminutevc.libsyn.com Podcast · 2025
20VC: Monday.com: Scaling from $6M to $120M in ARR in 3 Years | How Monday Have Built the Best Performance Marketing Engine in SaaS | Going Upmarket, International and Multi-Product; The Biggest Lessons and Mistakes with Eran Zinman
<p>The story of Monday.com is insane, turned down by most VCs, then scaled from $6M to $120M ARR in just three years. Today the company i...
 SaaStr
SaaStr YouTube · 2025
AI at Scale: 8 Learnings from monday.com Co-Founder and Co-Ceo Eran Zinman
Join us for an inspiring conversation with monday.com co-CEO and Co-Founder Eran Zinman and SaaStr CEO and Founder Jason Lemkin. From h...
youtu.be
youtu.be YouTube · 2021
The Success Story Behind Monday.com
Valued at $2.7 Billion, Monday.com doesn’t stop there. They have been expanding rapidly serving 80,000 organizations including Fortune-50...
calcalistech.com
calcalistech.com Article · 24
Israeli success story: Monday.com’s road from underdog to SaaS giant
The startup that transformed workplace software eyes new horizons after a billion-dollar milestone. In an exclusive interview, co-CEOs Ro...
20 Min VC
20 Min VC Podcast · 3 months ago
20VC: Monday.com CEO on Is SaaS Dead: Will Everything Be Vibe Coded | Will Systems of Record Become Valueless Databases in an Agentic World | Will LLMs Own the Value in the Application Layer with Eran Zinman
<p dir="ltr">Monday has been hit harder than almost any other public SaaS company. With $1.3BN in ARR, the company is valued at just $3.8...