Fast growth pushes an unprofitable no-code startup into the public markets: Inside Monday.com’s IPO filing

Fast growth pushes an unprofitable no-code startup into the public markets: Inside Monday.com’s IPO filing

3 years ago
Anonymous $OlGJJXacOb

https://techcrunch.com/2021/05/17/fast-growth-pushes-an-unprofitable-no-code-startup-into-the-public-markets-inside-monday-coms-ipo-filing/

At long last, the Monday.com crew dropped an F-1 filing to go public in the United States. TechCrunch has long known that the company, which sells corporate productivity and communications software, has scaled north of $100 million in annual recurring revenue (ARR).

The countdown to its IPO filing — an F-1, because the company is based in Israel, rather than the S-1s filed by domestic companies — has been ticking for several quarters, so seeing Monday.com drop the document on this Monday morning was just good fun.