monday.com opens London office as new Europe HQ
The business says it plans to grow its number of UK channel partnerships next year by 70 per cent
Work management software vendor monday.com has opened a new London office which will act as the European headquarters for the company as it continues to expand globally.
The business, which claims it has more than tripled its UK revenues since 2020 and reaches over 13,000 UK customers, is signing up key customers and onboarding new channel partners as part of its growth plans.
Moreover, it hopes to double its number of employees in Fitzrovia, London in the next 12 months, and is currently hiring for new roles in IT, Consulting, marketing and partnerships and alliances.
"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, 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."
monday.com, which had revenues of $83m in its latest quarter, dubs itself as "a work operating system where organisations of any size can create the tools and processes they need to manage every aspect of their work".
It adds that it is creating its own partner infrastructure as part of its plans to grow the number of UK channel partnerships next year by 70 per cent.
"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 democratizing the power of software," said 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."