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ISSUE – Jul. 11 | Monday.com raises $50M at a $500M valuation led by Stripes for its workplace collaboration tools

The more that we digitise our interactions with work colleagues, the more we will need tools to help handle that process more smoothly. Today, Monday.com — one of the wave of startups that works in the larger category of workplace collaboration tools — is announcing a significant growth round that speaks to this demand. The company (formerly known as Dapulse when it was founded in Tel Aviv) has raised $50 million that sources close to the company tell me was made at a pre-money valuation of $500 million. [ Tech Crunch ]

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