Evolutionary Tree Dumps 11,000 monday.com Shares for $3.6 Million

Company Overview - monday.com operates as a leading provider of flexible work management software, supporting over 2,500 employees and a diversified international client base [5] - The company utilizes a modular, cloud-native platform to enhance digital transformation and operational efficiency for organizations of all sizes [5] - Its competitive advantage lies in a highly customizable, user-friendly interface that addresses a wide range of business functions within a single unified system [5] Financial Performance - As of November 12, 2025, monday.com shares were priced at $159.11, reflecting a 38.94% decline over the past year, underperforming the S&P 500 by 56.34 percentage points [7] - The company reported a market capitalization of $8.21 billion and trailing twelve months (TTM) revenue of $1.16 billion, with a net income of $65.05 million [3][7] Recent Developments - Evolutionary Tree Capital Management, LLC fully divested from monday.com, selling its entire holding of 11,304 shares for a total transaction value of approximately $3.55 million [2][3] - Following this divestment, monday.com now represents 0% of Evolutionary Tree's reportable assets under management [3] - The fund's decision to exit its position appears to be influenced by a recent revenue slowdown and lack of gains over the last two years [11]