Enterprise project management and team collaboration unicorn monday.com is expanding into the Asia-Pacific with the opening of its new regional headquarters in Sydney. Israel-based monday.com opened its Sydney headquarters in June 2020, two and a half years after its first Australian launch.
Monday.com recently saw a 76 percent increase in its workforce in Australia, prompting the company to open its own location, according to Dean Swan, vice president for Asia Pacific and Japan.
The company now has 13,000 customers, including Canva, Tourism Australia, OfficeWorks and Kmart. Its customer base in Australia and New Zealand grew 122 percent year-on-year. Monday.com’s global revenue is up 68% year-over-year, and in Australia alone, it’s seen nearly 50% year-over-year growth.
In terms of marketing monday.com to Australia, Swann said he is prioritizing sectors that are particularly important in the country, including retail, marketing, project and portfolio management, FSI and manufacturing. It also has domestic channel partners such as Work Perfect and Upstream.
In addition to Australia, monday.com is targeting New Zealand, Singapore and Japan for regional growth. It also has an office in Japan, where its clients include Eisai Co. and Sony Biz Networks Corporation.
monday.com’s APAC headquarters opened nearly a year after opening its first European headquarters in London, with plans to grow the number to 150 over the next several years.