Monday.com launched Monday Ventures, a corporate venture arm with plans to invest up to $200 million in startups. The fund targets companies developing next-generation workplace technology, including artificial intelligence, workflow automation, and enterprise applications.
The initiative provides support to entrepreneurs while offering Monday.com early insight into disruptive market technologies. Monday Ventures will initially deploy $50 million. Individual check sizes will range from $1 million to $5 million for startups at all stages.
The firm has already completed several investments. Portfolio companies include AI workflow-automation startup Blocks.diy and AI training-video tool Guidde. The fund also backed AI assistant maker NanoCo.