Monday.com is becoming an investor. The Israeli work-management company has launched Monday Ventures, a corporate fund that will put up to $200m into startups building the next generation of workplace AI, according to a report in the Israeli business daily Globes.
The money is already moving. Monday Ventures will deploy an initial $50m, with anything beyond that needing board sign-off, in cheques of $1m to $5m across all stages.
It is led by Aviel Ichai, formerly of NEXT47, and has already done three deals, with a fourth in the pipeline: it led the seed round of Blocks.diy, a workflow-automation startup founded by ex-Monday staff; backed Guidde, an AI training-video tool, in its $50m Series B; and joined the $12m seed of NanoCo, maker of an AI assistant called NanoClaw.
Why Monday Ventures, and why now
The timing tells the story. Monday.com’s shares fell about 21 per cent in February after its guidance disappointed Wall Street, a sell-off deepened by the fear hanging over every work-software company: that AI agents could hollow out the very category Monday sells into.
