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Overview
Monit is an award-winning financial intelligence platform for leading financial institutions who want to provide business customers with embedded ‘digital CFO’ tools and enhanced analytics/targeting capabilities for bankers and marketing teams. The two-sided platform includes highly desirable SMB features (cashflow forecasting, industry benchmarking, business valuation, etc.) as well as data-driven relationship deepening tools and insights for bankers. Built by a team of former bankers, Monit’s mission to help banks and credit unions win in the increasingly competitive SMB market. Monit is headquartered in Boston, MA with a fully US-based team. The company is privately funded with investment from TTV Capital, JAM FINTOP, Runway Venture Partners, Correlation Ventures, and bank partners.
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About
FinTech, Banking, SaaS, Predictive Analytics
2019
11-50
Headquarters locations
United States, North America
Social
N/A
Profile Resume
Monit headquartered in United States, North America, operates in the FinTech, Banking, SaaS, Predictive Analytics sector. The company focuses on FinTech and has secured $1.1B in funding across 80 round(s). With a team of 11-50 employees, Monit is actively contributing to advancements in FinTech. Their latest funding round, Venture Round - Monit, raised $3.6M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
5
1
0
$14.3M
Details
3
Monit has raised a total of $14.3M in funding over 3 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2021 | Seed | 5.2M | ||
2022 | Seed | 3.7M | ||
2023 | Seed | 1.7M |
Investors
Monit is funded by 16 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
MassChallenge | - | FUNDING ROUND - MassChallenge | undefined |
Carey Ransom | - | FUNDING ROUND - Carey Ransom | 3.6M |
Monit | - | FUNDING ROUND - Monit | 3.6M |
BankTech Ventures | - | FUNDING ROUND - BankTech Ventures | 3.6M |
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