Monday.com Political Audit

Target Company: Monday.com Ltd. (NASDAQ: MNDY)
Audit Phase: V-POL Audit
Prepared: 2026-05-01
Methodology: This audit draws exclusively from the research memo prepared for this engagement. All factual claims are sourced to that memo’s verified findings; evidence gaps are carried forward explicitly. No new research was conducted. Where the memo records absence of evidence, this audit reflects that conclusion rather than inferring facts not in the record.

Corporate Communications & Public Stance

Official Response to October 7, 2023 and the Israel-Hamas War

Monday.com published a blog post in October 2023 explicitly expressing solidarity with Israel following the October 7 Hamas attacks, framing affected employees — including those called up as IDF reservists — as a central concern¹⁸⁸. The post was titled with sentiment supporting Israel and aligned Monday.com with a broader wave of Israeli tech-sector statements documented at the time⁸. The company’s public communications positioned the conflict primarily as a humanitarian and operational matter affecting its own workforce and Israel broadly.

No equivalent corporate statement directed at Palestinian civilian casualties or humanitarian conditions in Gaza was identified in any reviewed source class — including the company blog, investor relations materials, LinkedIn activity, or major technology press — through April 2026¹⁸. The asymmetry between the company’s stated support for Israeli employees and the documented absence of any Palestinian-focused humanitarian framing is a material communication finding.

At the Q3 2023 earnings call (November 2023), Monday.com executives acknowledged the Israel-Hamas war as a business risk factor, citing employee mobilization and operational disruption in Israel⁹¹. This commentary was exclusively operational and financial in framing; no commentary on conflict ethics, international humanitarian law, or Palestinian civilian impact was documented in that context⁹.

Comparative Stance on Other Geopolitical Events

Co-founder and Co-CEO Roy Mann made public statements on LinkedIn in March 2022 expressing support for Ukraine following Russia’s invasion, consistent with widespread CEO conduct at that time⁸. No comparable statement on Palestinian civilian conditions was identified in reviewed records. Monday.com also issued or amplified statements related to racial justice and the Black Lives Matter movement in 2020, consistent with broad corporate practice⁸. No formal archived statement on Palestinian rights, the 2021 Gaza conflict, or the 2023 Gaza conflict from a humanitarian framing was identified across the reviewed source classes — company blog, press releases, and major technology news archives.

Market Framing in SEC Filings

Monday.com’s FY2021, FY2022, and FY2023 annual reports (Form 20-F) describe Israel as the company’s primary R&D hub and a significant operating center using standard commercial language¹²³. The FY2023 20-F added a dedicated risk factor disclosing that the Israel-Hamas war created operational risks including employee conscription, office disruption, and potential business continuity issues¹. This risk-factor framing is financial and operational; no language in any reviewed SEC filing frames Israeli operations in terms of state partnerships, security-sector integration, or geopolitical mission¹²³.

Operations in Occupied or Contested Territories

Physical Presence and Territorial Footprint

No public evidence was identified of Monday.com operating dedicated offices, data centers, or subsidiary entities within Israeli settlements in the West Bank or other internationally recognized occupied territories. The company’s Israeli operations are headquartered in Tel Aviv, with additional offices in other Israeli cities¹³. Monday.com is a cloud-delivered SaaS platform; its services are accessible globally via internet subscription. No evidence of settlement-specific dealership networks, physical equipment sales into settlements, or settlement-based service contracts was identified across reviewed source classes, including the company’s 20-F filings, the Who Profits database, and procurement records¹¹³.

International and Legal Scrutiny

Monday.com does not appear in the UN Human Rights Council’s database of businesses with activities in Israeli settlements (document A/HRC/43/71, published February 2020), within the commercial software and SaaS sector subset, based on records available in training data. No legal challenges, regulatory actions, or international body scrutiny specifically targeting Monday.com’s territorial operations were identified across reviewed source classes, including OHCHR, ICC filings, EU regulatory records, and US federal court records.

Civil Society Campaigns and Boycott History

The BDS National Committee’s published campaign targets do not list Monday.com as a primary named company as of training data through April 2026¹⁴. Monday.com is not among the companies specifically named in BDS “Corporate Complicity” campaigns. The “No Tech for Apartheid” campaign — which principally targets Google and Amazon over Project Nimbus, their joint cloud contract with the Israeli government and military — does not list Monday.com as a named target¹⁵. The Who Profits research center database does not contain, based on training-data records, a dedicated profile for Monday.com citing settlement activity or military contracting¹³. No organized boycott, divestment, or sanctions campaign with Monday.com as its named primary target was identified across reviewed source classes including BDS National Committee, Who Profits, SJP campus networks, USCPR, and Jewish Voice for Peace campaign archives.

Conclusion: No public evidence identified of a named, organized BDS or boycott campaign specifically targeting Monday.com.

Internal Governance, Content & Retail Policies

Employee Relations and Workforce Policy

Monday.com employs a significant portion of its workforce in Israel — approximately 40–50% of total headcount was Israel-based across FY2021–FY2023 per 20-F disclosures¹². Following October 7, 2023, the company publicly committed to supporting employees called up for IDF reserve duty, including salary continuation⁸¹⁰¹⁷. This commitment was disclosed as a cost item in Q3 2023 earnings communications⁹.

No public reports, lawsuits, NLRB filings, or documented controversies regarding HR enforcement against employees for pro-Palestinian speech, political symbols, or related workplace activity were identified in training data through April 2026. Source classes checked include NLRB records, Israeli tech press (Calcalist), Glassdoor, and major US labor press. Conclusion: No public evidence identified of documented HR enforcement controversies related to the conflict.

Platform and Editorial Policy

Monday.com is a work operating system and project management SaaS tool, comparable to Asana, Jira, and Notion. It does not operate a public-facing content platform, social network, algorithmic content recommendation system, or user-generated public media environment. No independent reports, academic studies, or regulatory inquiries regarding content moderation, algorithmic suppression, or editorial policy related to the Israel-Palestine conflict were identified across reviewed source classes, including digital rights organizations (EFF, Access Now) and press freedom NGOs. Conclusion: Not applicable to Monday.com’s product category; No public evidence identified.

Retail and Supply Chain Practices

Monday.com is a software-as-a-service company and does not manufacture, import, label, or retail physical goods. No supply chain, product labeling, or goods-sourcing controversies related to settlement products are applicable or identified. Source classes checked include EU labeling regulations, US Customs import records, and NGO supply chain audits. Conclusion: Not applicable to Monday.com’s business model; No public evidence identified.

Brand Heritage & State Partnerships

Marketing Positioning and Brand Identity

Monday.com does not market itself using military heritage, defense-sector origins, or security-state branding. Its public-facing brand identity is entirely civilian and commercial, centered on productivity, team collaboration, and work management software³⁶⁷. Neither co-founder — Roy Mann nor Eran Zinman — prominently foregrounds Israeli military service in corporate marketing materials. Both completed standard mandatory Israeli conscription prior to founding the company, a biographical fact noted in background profiles but not deployed as a brand asset⁷. No evidence was identified of Monday.com marketing itself as a “startup nation” defense-tech or dual-use technology company⁶⁷.

Institutional Ties and Government Relationships

Monday.com received support from the Israel Innovation Authority (formerly the Office of the Chief Scientist) in its early stages, consistent with standard Israeli government R&D grant programs available broadly to Israeli technology startups¹⁶. This relationship is disclosed in early SEC filings³. This is confirmed as a past relationship; whether IIA grants continued post-IPO is not confirmed from available training data — this is an identified evidence gap.

No evidence was identified of Monday.com formally hosting senior Israeli government officials at corporate events in a non-commercial diplomatic context, accepting Israeli state honors, or entering formal non-commercial partnerships with Israeli state academic or governmental institutions beyond standard R&D grant programs. No evidence was identified of Monday.com sponsoring “Brand Israel” campaigns, Israel advocacy organizations’ public diplomacy initiatives, or Israeli government public relations efforts. Source classes checked include Brand Israel Group materials, Israeli Ministry of Foreign Affairs press releases, StandWithUs corporate partner lists, and AIPAC corporate sponsor directories.

Lobbying, Advocacy, Financing & Logistics

Political Lobbying

OpenSecrets records for Monday.com show no registered federal lobbying activity in the United States as of training data through April 2026¹¹. The company does not appear to have retained registered federal lobbyists. No evidence was identified of Monday.com membership in, or leadership roles within, geopolitical pressure groups, pro-Israel advocacy coalitions (e.g., AIPAC corporate council, Conference of Presidents), or anti-BDS lobbying organizations. Source classes checked include OpenSecrets, LDA filings, AIPAC disclosed members, and StandWithUs corporate partners. No PAC registered under Monday.com’s name appears in FEC records as of training data¹¹.

Financial Contributions

No public evidence was identified of Monday.com making material corporate donations to Israeli parastatal organizations, settlement construction funds, Jewish National Fund (JNF) settlement-linked programs, or military-welfare organizations such as the Friends of the Israel Defense Forces (FIDF). Source classes checked include FIDF annual gala donor lists, JNF corporate donor records, IRS Form 990 filings for relevant US nonprofit recipients, and company CSR disclosures. Conclusion: No public evidence identified.

Crisis Asset Mobilization Post-October 7

Following October 7, 2023, Monday.com was among Israeli technology companies that offered free platform access or credits to affected Israeli organizations and families of hostages and reservists¹⁷. The scope, monetary value, and specific recipient organizations of these offers were not fully itemized in sources available in training data¹⁷. Reports documenting these offers describe recipient populations as civilians — hostage families, displaced persons, and NGOs supporting reservist families — rather than military operations¹⁷.

No evidence was identified of Monday.com providing cloud infrastructure, logistics support, or technology services directly to IDF military operations, Israeli intelligence agencies, or the Israeli Ministry of Defense in connection with the post-October 7 campaign. Source classes checked include Israeli procurement records, IDF published vendor lists, investigative technology press (TheMarker, Calcalist, +972 Magazine), and No Tech for Apartheid research materials¹⁵.

Corporate Structure & Primary Mission

Incorporation, Listing, and Ownership

Monday.com Ltd. is incorporated in Israel and listed on NASDAQ (ticker: MNDY) as a public company since June 2021³⁵. The company operates a dual-class share structure: Class A shares (one vote each, publicly traded) and Class B shares (ten votes each, held by founders and early insiders)³. This structure concentrates voting control with co-founders Roy Mann and Eran Zinman but follows a standard Silicon Valley-style governance mechanism rather than a state-linked golden-share arrangement. No state-held shares, government golden shares, or Israeli government equity interest in Monday.com were identified in any SEC filing or corporate document reviewed³¹².

Corporate Mission and Classification

The company’s stated corporate mission across all reviewed filings is exclusively commercial: to provide a Work OS platform enabling organizations to manage projects and workflows³. No geopolitical mandate or state infrastructure mission is stated or implied in founding documents or corporate charters available on the record. Monday.com is not classified as a defense contractor, dual-use technology exporter, or critical national infrastructure provider in any Israeli government document identified in training data.

Executive & Leadership Footprint

Roy Mann (Co-Founder & Co-CEO)

Roy Mann completed mandatory Israeli military service; his specific unit is not publicly confirmed in reliable sourcing reviewed⁷. He is not documented as a Unit 8200 or other military intelligence unit alumnus in any source reviewed, including Haaretz’s coverage of Unit 8200 alumni in the tech industry¹². Mann made public pro-Ukraine statements on LinkedIn in March 2022⁷ and made public pro-Israel statements following October 7, 2023¹⁸. No verifiable personal donations from Mann to FIDF, JNF, settlement organizations, or Israeli military-welfare funds were identified in training data. Source classes checked include FIDF gala donor lists, IRS Form 990 records for US-based recipients, and Israeli nonprofit registries. No board memberships or advisory roles in geopolitical advocacy organizations, pro-Israel lobbying groups, or state-aligned academic institutions were identified for Mann. Source classes checked include AIPAC, StandWithUs, JINSA, and Technion board records.

Eran Zinman (Co-Founder & Co-CEO)

Eran Zinman completed mandatory Israeli military service; his specific unit is not publicly confirmed in reviewed sourcing⁷. He is not documented as a Unit 8200 alumnus in sources reviewed. Zinman maintains a lower public profile than Mann on geopolitical commentary; no documented public statements on the Israel-Palestine conflict in op-ed, social media, or signed-letter format were identified in reviewed source classes including LinkedIn, Israeli tech press, and international press archives. No verifiable personal donations to FIDF, JNF, or related organizations were identified. No board memberships in geopolitical organizations were identified⁷.

Board of Directors

Monday.com’s board includes independent directors and investor-nominee directors. No board member is publicly identified as holding a leadership role in an Israeli geopolitical advocacy organization, settlement group, or military-welfare fund in training data. Source classes checked include SEC DEF 14A proxy statements and board member LinkedIn profiles.

End Notes