Workflow and collaboration vendor monday.com has opened a new London office which will act as its European headquarters.
The NASDAQ-listed company has seen its UK revenue triple in 2021 and now reaches 13,000 customers. To foster this growth, it is also accelerating its channel programme to recruit new partners.
Monday.com intends to double its headcount in its Fitzrovia-based office over the next 12 months, as well as creating its own partner infrastructure and building a self-sufficient ecposystem underpinned by strategic partnerships in the UK. It already counts Enable Services and Provident CRM among its local partners and plans to increase its UK partnerships by 70 percent in 2022.
The firm recently reported a 95 percent year-on-year revenue increase to $83m in its Q3.
“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,” stated Will Hale, Northern European Leader, 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 Work OS [operating system].”
Naveed Malik, Regional Director EMEA at monday.com, added:
“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 on top of monday.com and to be our true partners in democratising the power of software”
“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.”
