Cloud-based WorkOS company monday.com has expanded its presence into Europe by opening a new office in London, its new European headquarters.
The opening of a new office location will spearhead monday.com’s growth in the region, enabling it to grow its UK team, sign up key customers, and onboard new channel partners.
The company, which has more than tripled its UK revenue compared to 2020, now has over 13,000 UK customers and plans to double its headcount in Fitzrovia, London, in the next year.
“The expansion in the UK market is another key phase in monday.com’s continued growth and marks the company’s first office directly serving the European market,” said Will Hale, northern European leader at monday.com. “We’re thrilled to welcome new customers and partners and to build out our thriving team in London, allowing more companies to excel and grow with monday.com WorkOS.”
The firm also plans to expand its global footprint by localising monday.com and providing customers with self-sufficient WorkOS solutions as workflows become more digitised due to the shift hybrid and remote work.
To support channel growth, monday.com is creating its own partner infrastructure and fostering an ecosystem, underpinned by strategic partnerships in the UK. To date, it has formed partnerships with over 85 channel partners operating in over 45 countries across the globe.
“We’re very excited to onboard new partners that understand the local market and use monday.com to fit their needs, build their own unique solutions and to be our true partners in democratising the power of software,” added Naveed Malik, regional director EMEA at monday.com. “Broadening our presence in the UK will help us grow our local partner ecosystem to more than double in the year ahead and further expand in Europe.”
With the UK expansion, monday.com said it is already working with local partners such as Provident CRM and Enable Services.
The launch of its new office in London comes after the Israeli company reported third-quarter revenue of $83m, up 95% from the corresponding quarter of 2020.