monday.com Launches $200 Million Venture Capital Arm Focused On AI Startups

monday.com announced the launch of monday Ventures, a new venture capital arm with plans to invest up to $200 million in artificial intelligence startups, marking a major expansion of the company’s strategy as it evolves into an AI-focused platform company, according to Globes.

The initiative will initially deploy $50 million, with additional capital subject to approval from the company’s board of directors. The new investment operation is being led by Aviel Ichai, formerly of NEXT47.

monday Ventures plans to invest in companies across all stages, from seed-stage startups to growth companies, with investment sizes ranging from $1 million to $5 million. The firm will focus on technologies aligned with monday.com’s core business, including enterprise AI applications, AI agents, workflow automation, cybersecurity, information security, and enterprise data infrastructure.

The venture arm has already completed several investments. Among them, it led the seed financing round for Blocks.diy, a startup founded by former monday employees Michal Lupu and Tal Haramati. The company develops digital workers designed to automate and optimize business processes.

monday Ventures also participated in Guidde’s $50 million Series B financing and invested in NanoCo’s $12 million seed round. NanoCo developed NanoClaw, an open-source platform that enables secure AI agents to operate within workplace tools such as Slack and Microsoft Teams.

The launch comes as monday.com continues to reposition itself around artificial intelligence. According to the company, it recently updated its vision from being a work management platform to becoming an AI-agent platform capable of performing work.