BDS-1000 Dossier: Monday.com
Key Findings
- Economic: Monday.com is an Israeli-incorporated Nasdaq company (ticker MNDY) headquartered in Tel Aviv, holds Preferred Technological Enterprise tax status since 2019, and has continued expanding Israel-based investment - a $200m Tel Aviv office lease, a $200m “monday Ventures” fund, and the OneAI acquisition - through mid-2026 with no identified divestment.12
- Political: The company’s own marketing case studies document a commercial relationship with the Israeli government, including building Israel’s National COVID-19 Command Center connecting “civilian and military agencies,” and Ireland’s Residential Tenancies Board terminated its Monday.com contract in January 2025 after staff objected to this material.34
- Military/Digital: Israel’s Ministry of Defense posted a tender for “Monday.com Licenses” (December 2024–January 2025), establishing a direct procurement relationship, and the company separately markets dedicated “Military” and “Defense and Space” CRM product lines.56
- Not found: Monday.com does not appear in the UN OHCHR settlement-business database, the PAX “Companies Arming Israel” report, the Who Profits database, or the AFSC Investigate or DBIO registries, and no confirmed defense-prime supply relationship, offensive cyber tooling, or surveillance/biometric technology has been identified.78910
Target Profile
| Field | Detail |
|---|---|
| Company Name | Monday.com Ltd. (founded 2012 as daPulse Labs Ltd.; renamed monday.com Ltd. in December 2017)11 |
| Jurisdiction | State of Israel - “a company limited by shares organized under the laws of the State of Israel”12 |
| Headquarters | 6 Yitzhak Sadeh Street, Tel Aviv, Israel (TOU Towers, ~22,000 m² across 17 floors, with an additional 11,000 m² Azouri EcoTower expansion)13 |
| Sector | Cloud-based “Work OS” / project- and work-management SaaS platform14 |
| Ownership | Publicly traded, Nasdaq: MNDY (IPO June 2021). Co-founder Roy Mann is the largest individual shareholder (~9.41%); Insight Partners (Managing Director Jeff Horing, board chair) was a major early institutional investor but exited its position by end of 202315 |
| Key Executives / Governance | Co-founders and Co-CEOs Roy Mann and Eran Zinman (both former IDF Unit 9900 personnel); Chairperson Jeff Horing (Insight Partners); board members Gili Iohan (ION Crossover Partners/Cato Networks), Ronen Faier (former SolarEdge CFO), Aviad Eyal (Entree Capital), Avishai Abrahami (Wix.com co-founder/CEO)1617 |
| Israeli-Nexus Summary | Israeli-founded and Israeli-domiciled SaaS company with a documented Israeli Ministry of Defense procurement tender, Israeli-government customer case studies, continuing Israel-directed capital deployment, and no confirmed weapons, surveillance, or settlement-linked activity |
Key Facts:
- ~1,500 of Monday.com’s ~2,500 global employees (roughly 60%) are Israel-based as of January 2025, with a planned 20% further Israel headcount increase2
- Holds Preferred Technological Enterprise (PTE) status under Israeli tax law since 2019 (7.5%–12% rate vs. 23% standard)118
- Roughly 100 employees (~7% of global workforce) were called up for IDF reserve duty after October 7, 20231920
- Not named in the OHCHR settlement-business database, PAX report, Who Profits, AFSC Investigate, or the November 2025 DBIO report78910
Executive Summary
Monday.com is an Israeli-founded, Israeli-domiciled, Nasdaq-listed SaaS company whose documented Israel/Palestine nexus is real but narrow, running principally through corporate domicile, tax residency, an active Israeli government sales relationship, and one direct defense-procurement data point, rather than through weapons supply, surveillance technology, or settlement infrastructure. The single most concrete military-adjacent fact across the four domain audits is an Israeli Ministry of Defense tender for “Monday.com Licenses,” published December 17, 2024, with a bid deadline of January 1, 2025 - establishing a direct procurement relationship, though the award outcome, winning vendor, and contract value remain undisclosed.5 The company also markets dedicated “Military” and “Defense and Space” CRM product lines aimed at defense-sector customers generally, though no confirmed deployment at an Israeli defense prime (Elbit Systems, Israel Aerospace Industries, Rafael) has been identified.621
The strongest documented vectors are economic and political rather than military or digital. Economically, Monday.com’s global revenue flows into an Israeli-incorporated parent entity that has held Preferred Technological Enterprise status since 2019, and the company has continued and expanded Israel-directed capital deployment through mid-2026 - a $200 million Tel Aviv office expansion (January 2025), a $10 million lead investment in Israeli startup Blocks.diy (2024/2026), the acquisition of Tel Aviv voice-AI firm OneAI (May 2026), and the formal launch of the $200 million “monday Ventures” fund explicitly framed as “Israel-anchored” (June 2026) - with no identified reduction, wind-down, or divestment in the intervening period.12222324 Politically, the company’s own marketing materials document a customer relationship with the Israeli government, including a case study describing its platform connecting “civilian and military agencies” to build Israel’s National COVID-19 Command Center, and a separate case study describing a partnership between the NGO MAGNUS and Israel’s Ministry of Foreign Affairs.325 This government-facing case-study material was a proximate cause of Ireland’s Residential Tenancies Board terminating its own Monday.com contract in January 2025 following internal staff objections.4
What is not supported by the evidence is at least as important to the record. Monday.com does not appear in any of the principal international accountability registries reviewed: the UN OHCHR business-and-settlements database, the Special Rapporteur’s July 2025 report on roughly 60 technology companies (A/HRC/59/23), the Who Profits database (beyond a passing, non-dedicated reference on an unrelated company’s page), the AFSC Investigate database, the November 2025 “Don’t Buy Into Occupation” report, the PAX “Companies Arming Israel and Their Financiers” report, or the Norges Bank/KLP exclusion lists.7891026272829 No public evidence identifies Monday.com supplying components, subsystems, munitions, or weapons platforms to any defense prime; developing or licensing offensive cyber, surveillance, biometric, or facial-recognition technology; holding a role as a named contractor or subcontractor under Israel’s Project Nimbus cloud contract; or operating offices, resellers, or franchises within West Bank, East Jerusalem, or Golan Heights settlements.91026 The company’s post–October 7, 2023 platform usage - approximately 200 of its ~1,400 Israeli employees coordinating 360 volunteer civilian projects - was humanitarian and non-military in character.1920
Taken together, the evidence record supports a company with a genuine but largely civilian-sector, tax-and-domicile-driven Israeli nexus, amplified by one live defense-procurement tender and a documented government sales relationship, but unsupported by any confirmed weapons, surveillance, or settlement-specific activity. This produces a FINAL V4 Bias-Risk Score of 657 (Tier B, Severe), driven overwhelmingly by the Economic domain (V=9.00) and, secondarily, Political (V=5.50), while Military (V=0.50) and Digital (V=1.53) remain comparatively marginal.
Timeline of Relevant Events
| Date | Event |
|---|---|
| 2012 | Company founded in Tel Aviv as daPulse Labs Ltd. by Roy Mann, Eran Zinman, and Eran Kampf, originating as an internal tool built at Wix.com11 |
| December 2017 | Renamed monday.com Ltd.11 |
| 2019 | Company obtains Preferred Technological Enterprise (PTE) status under Israel’s Law for the Encouragement of Capital Investments118 |
| June 2021 | IPO on Nasdaq under ticker MNDY12 |
| March 2022 | SEC 20-F filing discloses Israeli Defence Service Law and military reserve-duty obligations as a disclosed business-continuity risk factor12 |
| April 2023 | Co-founders publicly affirm the decision to keep the company headquartered in Israel, framing it within Israel’s “Startup Nation” identity17 |
| October 2023 | Following the October 7 attacks, Monday.com’s corporate LinkedIn account states the company “unequivocally stand[s] with Israel and its people”; ~1,000+ Israel-based staff confirmed safe; ~200 employees (of ~1,400 Israel staff) coordinate 360 civilian volunteer projects on the platform; ~100 employees (~7% of global workforce) subsequently called up for IDF reserve duty192030 |
| December 17, 2024 | Israel Ministry of Defense posts tender for “Monday.com Licenses” (bid deadline January 1, 2025); award outcome undisclosed5 |
| January 2025 | Ireland’s Residential Tenancies Board terminates its Monday.com contract following staff objections tied to the company’s Israeli-government case-study material4 |
| January 2025 | Company announces $200 million, 11,000 m² Tel Aviv office lease (Azouri EcoTower) alongside existing 22,000 m² TOU Towers footprint; plans ~20% increase in Israel headcount213 |
| February 2025 | Unauthorized mock advertisements referencing an “apartheid state” appear on the London Underground targeting the company’s brand; company states it is “in no way connected”31 |
| 2024–2026 | Monday.com leads/participates in $10M seed round in Israeli startup Blocks.diy23 |
| May 2026 | Acquires Tel Aviv-headquartered voice-AI company OneAI Inc. (undisclosed price)2432 |
| June 2026 | Formally launches “monday Ventures,” a $200 million corporate venture arm ($50M initially deployed) targeting Israeli enterprise AI, cybersecurity, and data-infrastructure startups223334 |
Corporate Overview
Monday.com Ltd. is an Israeli company limited by shares, founded in Tel Aviv in 2012 as daPulse Labs Ltd. by Roy Mann, Eran Zinman, and Eran Kampf - a project that originated as an internal tool built at Wix.com - and renamed monday.com Ltd. in December 2017.11 It has traded on Nasdaq under ticker MNDY since its June 2021 IPO and files periodic reports, including annual Form 20-F filings, with the SEC.12 The company has no controlling corporate parent.15 Co-founders Roy Mann and Eran Zinman, who met during IDF service in Unit 9900 (the Military Intelligence Directorate’s satellite/visual-intelligence unit), retain a “founder shares” governance mechanism carrying board veto rights.1735 Board composition includes Chairperson Jeff Horing (Insight Partners), Gili Iohan (ION Crossover Partners/Cato Networks), Ronen Faier (former SolarEdge CFO), Aviad Eyal (Entree Capital), and Avishai Abrahami (Wix.com).16
Global offices are located in Tel Aviv, New York, Denver, London, Warsaw, Paris, Munich, São Paulo, Sydney, Melbourne, and Singapore, with no identified office, resale, or franchise presence in West Bank, East Jerusalem, or Golan Heights settlements.36 Roughly 60% of the company’s global workforce (~1,500 of ~2,500 employees as of January 2025) is Israel-based, concentrated in Tel Aviv engineering and product-development roles.2 The company does not break out Israel as a separate SEC revenue-reporting geography (reporting instead by United States/EMEA/UK/Rest of World), though a 2023 press report cited company commentary placing Israel at roughly 5% of revenue at that time.13 In 2024, the corporate venture arm “monday Ventures” was formally launched, and in 2026 the company acquired Tel Aviv-based OneAI Inc. to add voice-agent capability to its AI platform.2224
Domain Summaries
Military: Military
Mechanism of Involvement
The Israel Ministry of Defense published a tender for “Monday.com Licenses” (Tender 76454545) on December 17, 2024, with a bid deadline of January 1, 2025, establishing a direct procurement relationship between Monday.com and the Israeli defense establishment; award status, winning vendor, and value remain undisclosed.5 Monday.com separately markets a “Military Industry” CRM product (mission tracking, contract/supplier management) and a dedicated “Defense and Space” CRM offering, targeting defense-sector customers generally.621 The underlying Work OS platform remains general-purpose cloud software with no marketed mil-spec or tactically differentiated variant, and cloud-software delivery does not trigger conventional export-license requirements.14 Following October 7, 2023, Monday.com provided its platform free of charge to coordinate volunteer efforts; at peak, ~200 of the company’s ~1,400 Israeli employees worked on 360 civilian-led volunteer projects - a humanitarian, non-military use.1920
Counter-Arguments and Evidence Limits
No public evidence identifies Monday.com providing components, subsystems, or services to Elbit Systems, Israel Aerospace Industries, Rafael, or IMI Systems, nor any joint development or co-production arrangement with an Israeli defense prime. The company is not listed in the UN OHCHR Business Database of enterprises involved in settlement activities, nor in the PAX Netherlands “Companies Arming Israel and Their Financiers” report.78 It has no marketed heavy-machinery, construction, munitions, or strategic-platform products, and no export-license grant, suspension, or sanctions enforcement action has been identified. No dedicated investigation by Who Profits, Amnesty International, Human Rights Watch, or Al-Haq into Monday.com’s military supply relationships has been identified, and no pension or sovereign-wealth-fund divestment decision has targeted the company on defense-sector grounds.
Named Entities and Evidence Map
- Israel Ministry of Defense - tender counterparty (Tender 76454545, Dec 2024–Jan 2025)5
- Elbit Systems, Israel Aerospace Industries, Rafael, IMI Systems - no confirmed relationship identified8
- Israeli Civil Defense Forces / civilian volunteer network - free platform usage post-October 7, 2023 (humanitarian, non-military)1920
Digital: Digital
Mechanism of Involvement
Monday.com is headquartered in Tel Aviv and maintains its principal R&D operations there; its SEC filings and support documentation confirm data residency options including an Israel (IL) AWS region alongside US, EU, and Australia regions.1337 The company is an AWS APN Advanced Technology Partner and is listed on Google Cloud Marketplace, using AWS and Google Cloud infrastructure.12 The Israel MOD tender for licenses (December 2024–January 2025) is the same procurement data point documented under Military.5 SEC disclosures note that Israeli emergency regulations and reserve-duty obligations for Israeli-domiciled employees are a disclosed business-continuity risk factor.12 The company made its first external startup investment in Israeli AI no-code platform Blocks.diy ($10M seed round) and in 2026 announced its transformation into an “AI Work Platform.”2338
Counter-Arguments and Evidence Limits
No evidence identifies direct licensing or integration relationships between Monday.com and Israeli-origin cybersecurity/surveillance vendors (Check Point, Wiz, SentinelOne, CyberArk, NSO-adjacent firms, Verint, Claroty), nor any facial-recognition, biometric, or gait-analysis technology use. Monday.com is not identified as a primary contractor, subcontractor, or named sub-service provider under Israel’s $1.2B Project Nimbus cloud contract.9 No evidence identifies contracts or partnerships with Israeli intelligence agencies (Mossad, Shin Bet, Unit 8200), nor development of offensive cyber capabilities or zero-day tooling. Insight Partners - the venture firm of Board Chair Jeff Horing, whose broader portfolio includes defense/cybersecurity firms such as SentinelOne and Rebellion Defense - exited its Monday.com equity position by the end of 2023, meaning this is an independent fund-level exposure rather than a current attribute of Monday.com itself.39 A researched claim that Monday.com acquired U.S. firm Seasalt.ai in 2023 was found to be incorrect; Seasalt.ai remains an independent company, and no such acquisition occurred.40 Monday.com is not named in the OHCHR settlement-business database or the UN Special Rapporteur’s July 2025 report covering roughly 60 technology companies.729
Named Entities and Evidence Map
- Amazon Web Services / Google Cloud Platform - infrastructure providers, including AWS Israel region37
- Israel Ministry of Defense - licensing tender (shared with Military)5
- Blocks.diy (Israeli AI startup) - $10M seed investment participant23
- Insight Partners / Jeff Horing - board chair; fund-level (not entity-level) defense/cyber portfolio exposure, position in Monday.com exited by end of 202339
- Residential Tenancy Board (Ireland) - terminated Monday.com contract, January 20254
Economic: Economic
Mechanism of Involvement
Monday.com reported Israel-located property and equipment valued at $76.4 million as of June 2024, and in January 2025 announced a $200 million, 11,000 m² Tel Aviv office lease (Azouri EcoTower) alongside its existing 22,000 m² TOU Towers footprint.1341 In June 2026 the company formally launched “monday Ventures,” a corporate venture arm with up to $200 million in capacity ($50 million initially deployed), explicitly described as “Israel-anchored, globally relevant” and targeting enterprise AI, cybersecurity, and data-infrastructure startups.223334 This followed a $10 million lead investment in Blocks.diy (2024/2026) and the May 2026 acquisition of Tel Aviv voice-AI firm OneAI.232432 This pattern of continuing, expanding Israel-directed capital deployment is documented through mid-2026 with no identified reduction or divestment.12 The company has held Preferred Technological Enterprise (PTE) status since 2019, subjecting qualifying income to a reduced 7.5%–12% rate versus Israel’s standard 23% corporate rate, with a 20% withholding tax on PTE-derived dividends.118 Co-founders and Co-CEOs Roy Mann and Eran Zinman both served in IDF Unit 9900 before founding the company; Mann remains the largest individual shareholder (~9.41%).1517
Counter-Arguments and Evidence Limits
Monday.com is a subscription-software company with no physical-goods supply chain; no public evidence identifies supplier relationships with Israeli agricultural exporters, settlement-linked growers, product-labeling obligations, or an importer-of-record structure tied to settlement production. No public evidence identifies an Israeli government ownership stake, a government board appointee, or a “critical national infrastructure” designation. The company does not appear on the OHCHR business-and-settlements database, Who Profits’ dedicated company list (only a passing, non-dedicated reference on an unrelated company’s page), Amnesty International’s December 2024 list, or the Norges Bank GPFG/KLP exclusion decisions.742432728 No public evidence identifies Monday.com underwriting Israeli sovereign debt, selling Israel Bonds, or holding third-party Israeli equity portfolios beyond its own direct venture investments and acquisitions.4445 Monday.com appears on non-official BDS-aligned boycott sites (palestiniangenocide.org, masjidalaqsa.com), which cite general Israeli-economy/tax-base participation - one source explicitly states the company has “no documented military or surveillance applications” - rather than settlement-specific activity.4647
Named Entities and Evidence Map
- Israeli tax authorities - PTE status since 2019118
- Blocks.diy, OneAI Inc. - Israeli acquisition/investment targets (2024–2026)2324
- Insight Partners / Jeff Horing - board chair, prior institutional shareholder (exited 2023)15
- Roy Mann, Eran Zinman - co-founders, former IDF Unit 990017
- Who Profits, OHCHR, Amnesty International, Norges Bank/KLP - reviewed registries; no dedicated Monday.com entry found in any742432728
Political: Political
Mechanism of Involvement
Monday.com’s own marketing materials include a case study describing its platform connecting government agencies - including, per the case study’s language, “civilian and military” entities - to build Israel’s National COVID-19 Command Center, and a separate customer story describing NGO MAGNUS’s partnership with Israel’s Ministry of Foreign Affairs on pandemic-era repatriation coordination.325 Following this material becoming public in connection with a boycott dispute, Ireland’s Residential Tenancies Board - a state regulator - terminated its Monday.com contract in January 2025 after internal staff objected to the case study’s reference to Israel’s government.4 Following October 7, 2023, the company’s corporate LinkedIn account stated it “unequivocally stand[s] with Israel and its people,” while ~100 employees (~7% of the global workforce) were called up for IDF reserve duty.192030 Company leadership has also publicly linked the company’s continued Israeli domicile to Israel’s “Startup Nation” identity.17
Counter-Arguments and Evidence Limits
No public evidence identifies Monday.com maintaining offices, resellers, or franchise operations within West Bank, East Jerusalem, or Golan Heights settlements, based on searches of Who Profits, AFSC Investigate, and the OHCHR settlement-business database, none of which return a Monday.com entry.7942 No public evidence identifies the company being named in any OECD National Contact Point complaint, court filing, or formal regulatory inquiry tied to occupied-territory operations. Stated grounds for the company’s inclusion on BDS-affiliated tracking sites (Abbott & Keefer Boycott Directory - “High” rating; palestiniangenocide.org; masjidalaqsa.com) consistently rest on Israeli corporate domicile, tax contribution, and general participation in the Israeli tech economy rather than any allegation of military targeting, settlement administration, or surveillance use.314647 A February 2025 unauthorized mock-advertisement campaign on the London Underground targeting the company’s brand was an act of third-party activism, not a company statement; Monday.com stated it was “in no way connected.”31 No public evidence identifies any Monday.com statement specifically addressing Palestinian civilian casualties, Gaza humanitarian conditions, the July 2024 ICJ advisory opinion, or the November 2024 ICC arrest warrants.
Named Entities and Evidence Map
- Israeli government (National COVID-19 Command Center case study; Ministry of Foreign Affairs/MAGNUS partnership)325
- Residential Tenancies Board, Ireland - terminated vendor contract, January 20254
- Geneva Graduate Institute Student Association - March 2023 boycott/non-use resolution over mandatory platform use48
- Abbott & Keefer Boycott Directory, palestiniangenocide.org, masjidalaqsa.com - BDS-affiliated listings citing general economic participation314647
BDS-1000 Score (V4)
| Domain | I | M | P | V-Domain Score |
|---|---|---|---|---|
| Military | 3.50 | 2.00 | 3.50 | 0.50 |
| Digital | 5.00 | 3.00 | 5.00 | 1.53 |
| Economic | 9.00 | 7.50 | 9.00 | 9.00 |
| Political | 7.00 | 5.50 | 8.00 | 5.50 |
- V_MAX: 9.00 Sum_OTHERS: 7.53
- BRS Score: 657 Tier: B (Severe)
V_MAX is driven entirely by Economic: Monday.com’s Israeli corporate domicile, Preferred Technological Enterprise tax status, and continuing, expanding Israel-directed capital deployment (office expansion, venture fund, acquisition) through mid-2026 score at or near ceiling on both magnitude and directness. Political contributes the largest secondary weight via the documented government sales relationship and consequent institutional boycott action (Ireland RTB), while Military and Digital remain comparatively marginal - a single live procurement tender and a general-purpose cloud stack with no confirmed defense, surveillance, or Project Nimbus role. The method applies scale-free Impact × magnitude/proximity scoring across all four domains, using only evidence-based, human-vetted findings from the domain audits.
Methodology Note
- Every claim in this dossier is evidence-only, sourced exclusively from the four domain audits (Military, Digital, Economic, Political) underlying the BDS-1000 assessment.
- Scoring is scale-free: Impact (I) reflects the type of activity documented, Magnitude (M) reflects its scale, and Proximity (P) reflects directness of the Israel/Palestine nexus; domain scores combine these per the fixed V4 formula.
- A temporal mitigation rule applies: divested, exited, or wound-down operations are discounted rather than scored at full weight (e.g., Insight Partners’ fund-level defense/cyber exposure is noted as exited from Monday.com’s own cap table by end of 2023 and is not treated as a current Monday.com attribute).
- Entity attribution follows a no-transitive-guilt standard: findings are attached only to Monday.com’s own documented conduct, not to counterparties, investors, or customers by association.
- Settlement-adjacent or dual-relevant activity, where it exists, is dual-counted across Economic and Political rather than single-counted; no such activity was identified for Monday.com beyond its documented Israeli-government commercial relationship.
- “No public evidence identified” is used verbatim throughout where the underlying audits’ checks (OHCHR, Who Profits, AFSC Investigate, PAX, Norges Bank/KLP, Amnesty International, and equivalent registries) returned no Monday.com-specific result, and such absence findings are carried forward here without hardening into affirmative claims.
End Notes
Footnotes
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https://www.sec.gov/Archives/edgar/data/0001845338/000117891324000943/zk2431098.htm ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7
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https://www.calcalistech.com/ctechnews/article/byddl2ou1l ↩ ↩2 ↩3 ↩4 ↩5 ↩6
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https://monday.com/blog/es/trabajo-remoto/israeli-government-control-center-case-study/ ↩ ↩2 ↩3 ↩4
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https://www.thejournal.ie/israeli-companies-ireland-6595020-Jan2025 ↩ ↩2 ↩3 ↩4 ↩5 ↩6
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https://www.globaltenders.com/tender-detail/tender-for-one-year-mondaycom-licenses-99947074 ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7
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https://www.ohchr.org/en/business/bhr-database ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8
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https://paxforpeace.nl/publications/the-companies-arming-israel-and-their-financiers ↩ ↩2 ↩3 ↩4 ↩5
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https://dontbuyintooccupation.org/wp-content/uploads/2025/11/2025-DBIO-V-report-1.pdf ↩ ↩2 ↩3 ↩4
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https://www.sec.gov/Archives/edgar/data/1845338/000117891322001148/zk2227415.htm ↩ ↩2 ↩3 ↩4 ↩5 ↩6
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https://www.sec.gov/Archives/edgar/data/0001845338/000117891325000852/zk2532825.htm ↩ ↩2 ↩3 ↩4 ↩5
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https://www.wallstreetzen.com/stocks/us/nasdaq/mndy/ownership ↩ ↩2 ↩3 ↩4
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https://www.marketscreener.com/quote/stock/MONDAY-COM-LTD-123529037/company-governance/ ↩ ↩2
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https://www.calcalistech.com/ctechnews/article/s1n8cixqjl ↩ ↩2 ↩3 ↩4 ↩5 ↩6
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https://taxsummaries.pwc.com/israel/corporate/tax-credits-and-incentives ↩ ↩2 ↩3 ↩4
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https://www.calcalistech.com/ctechnews/article/h15lenent ↩ ↩2 ↩3 ↩4 ↩5 ↩6
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https://www.forbes.com/sites/alexkonrad/2023/10/27/tech-tools-helping-israeli-workers-coordinate-volunteer-support ↩ ↩2 ↩3 ↩4 ↩5 ↩6
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https://monday.com/crm/content/industry/defense-and-space ↩ ↩2
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https://fundmomentum.vc/blog/monday-ventures-200m-cvc-workplace-ai-aviel-ichai-2026 ↩ ↩2 ↩3 ↩4
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https://techfundingnews.com/blocks-diy-raises-10m-from-mondaycom-ai-work-automation ↩ ↩2 ↩3 ↩4 ↩5 ↩6
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https://finance.yahoo.com/markets/stocks/articles/monday-com-expands-ai-platform-141346168.html ↩ ↩2 ↩3 ↩4 ↩5
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https://www.ohchr.org/en/press-releases/2025/09/un-human-rights-office-updates-database-businesses-involved-israeli ↩ ↩2
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https://www.nbim.no/en/news-and-insights/the-press/press-releases/2025/decisions-on-exclusion/ ↩ ↩2 ↩3
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https://www.business-humanrights.org/en/latest-news/norwegian-klp-fund-excludes-16-cos-for-their-links-to-israeli-settlements-in-the-west-bank/ ↩ ↩2 ↩3
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https://www.ohchr.org/en/documents/thematic-reports/ahrc5923-report-special-rapporteur-situation-human-rights-palestinian ↩ ↩2
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https://www.linkedin.com/posts/mondaydotcom_we-unequivocally-stand-with-israel-and-its-activity-7117211546824372224-Q08t ↩ ↩2
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https://directory.abbottandkeefer.com/brand-entry/monday-com ↩ ↩2 ↩3 ↩4
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https://arnontl.com/news/oneai-sale-transaction-to-monday-com/ ↩ ↩2
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https://techfundingnews.com/monday-com-launches-200m-venture-arm-to-invest-in-israeli-workplace-ai-startups-report/ ↩ ↩2
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https://www.calcalistech.com/ctechnews/article/bn7fw1do4 ↩ ↩2
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https://www.sec.gov/Archives/edgar/data/1845338/000110465921074585/tm211978-11_f1a.htm ↩
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https://support.monday.com/hc/en-us/articles/4404392703250-Data-residency ↩ ↩2
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https://ir.monday.com/news-and-events/news-releases/news-details/2026/monday-com-Goes-All-In-on-AI-From-Work-Management-Platform-to-AI-Work-Platform/default.aspx ↩
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https://www.sec.gov/Archives/edgar/data/1845338/000117891324002538/exhibit_99-1.htm ↩
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https://whoprofits.org/companies/company/4009?matrix-it= ↩ ↩2 ↩3
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https://www.amnesty.org/en/wp-content/uploads/2024/12/IOR4088472024ENGLISH.pdf ↩ ↩2
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https://www.banktrack.org/event/report_launch_dont_buy_into_occupation_2025 ↩
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https://www.banktrack.org/news/seven_underwriters_of_war_bonds_instrumental_in_enabling_israel_s_assault_on_gaza_new_research_finds ↩
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https://palestiniangenocide.org/boycott/companies/monday ↩ ↩2 ↩3
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https://thegraduatepress.org/wp-content/uploads/2023/03/an-open-letter-to-the-geneva-graduate-institute-.pdf ↩











