monday.com completed its Nasdaq IPO for impressive valuation
On 8 June, monday.com completed its Nasdaq IPO. The company was able to raise $574 million at a valuation of $7.5 billion and become listed as one of the largest in terms of Israeli tech companies.
The share price was set to $155 for 3,700,000 ordinary shares. This is above the $125-140 range it had previously targeted. When shares opened, the value was $173.15 and managed to reach $182 per share. As a result, the tech company received a valuation of of $7.5 billion.
Let’s not forget that even before this listing, monday.com was leading the way when it cam to business software. The innovative offering not only allows businesses to tailormake their experience, but has also been used by more than 200 industries across 190 countries. This has been made possible by a simple invention that made it’s way from Isreal to the United States, England, Ukraine and Australia – to name but a few. These locations are home to various monday.com team office locations the service the respective regions.
This exciting, monumental announcement only proves what we’ve been saying for years, when it comes to business management, monday.com is the way to go.
Sign up to monday.com South Africa – Activation or Trial Link and track time with monday.com South Africa.
Interested in uncovering CRM with monday.com then hit the link below and start your monday.com journey, partnering with Syscor all the way.
Book a call for monday.com Pro Services in South Africa and Africa
Once you have an active account Syscor can assist with a full consulting and professional services stack, including:
- Process design
- Workflow design
- Workspace builds
- Board builds
- App integration
Syscor is a sales, installation, and support partner to monday.com, having completed many successful projects on monday.com. Thus making us very experienced. Syscor has clients that range from Tanzanian Banks to small manufacturing businesses in South Africa, for instance. Our reach is completely continental.
Syscor’s Consulting team are all qualified to deliver a full installation and support offering, meaning we offer turn-key services. We will gladly share any referrals, in order to give you peace of mind. So you can embark on your monday.com journey, with confidence.
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