Monday.com Launches Ventures Fund to Invest in Workplace AI
Hamid Siddiqui
News
No image for this briefing
Monday.com is stepping into the investment arena with the launch of Monday Ventures, aiming to invest up to $200 million in workplace AI startups. Initially deploying $50 million, the fund is led by Aviel Ichai and has already facilitated three deals, including funding for Blocks.diy and Guidde. This strategic move comes after a decline in Monday.com's stock, signaling a pivot to become an AI-agent platform.