About Mona
Mona is a company based in Seattle (United States) founded in 2014. It operates as a AI-as-a-Service, and Commission-Based. Mona has raised $2.12 million across 2 funding rounds from investors including Techstars. Mona offers products and services including Mona Personal Shopper. Mona operates in a competitive market with competitors including nate, Mezi, The Yes, ShopLook and Blutag, among others.
- Headquarter Seattle, United States
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Sectors
TechnologyRetail
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Phone
*********
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Website
*********
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Social
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- Legal Name Mona Labs Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.12 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Seed
Mar 13, 2020
- Investors
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Employee Count
Employee Count
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Products & Services of Mona
Mona offers a comprehensive portfolio of products and services, including Mona Personal Shopper. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Personal shopping assistant powered by artificial intelligence technology.
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Funding Insights of Mona
Mona has successfully raised a total of $2.12M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in March 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $2.0M
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First Round
First Round
(24 Sep 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Seed - Mona | Valuation |
investors |
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| Sep, 2015 | Amount | Seed - Mona | Valuation | Techstars |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mona
Mona has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mona
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mona
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mona Comparisons
Competitors of Mona
Mona operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as nate, Mezi, The Yes, ShopLook and Blutag, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category products are retailed via a mobile app platform.
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| domain | founded_year | HQ Location |
Text based personal shopping assistant and concierge app
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| domain | founded_year | HQ Location |
Personalized product recommendations are delivered via an AI-driven e-commerce platform.
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| domain | founded_year | HQ Location |
AI-based online discovery platform for fashion apparels & accessories
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| domain | founded_year | HQ Location |
Cloud-based software solutions for voice applications are provided to retailers.
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| domain | founded_year | HQ Location |
Personalized online fashion concierge services are provided for women.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Mona
When was Mona founded?
Mona was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Mona located?
Mona is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is Mona a funded company?
Mona is a funded company, having raised a total of $2.12M across 2 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Sep 24, 2015.
What does Mona do?
Mona is built as an artificial intelligence-driven mobile shopping assistant. It is designed to provide personalized shopping experiences by learning user preferences, favorite brands, and ideal price points. The service is integrated with over 300 retailers to offer the best products and prices. Recommendations and promotions are tailored to individual styles and budgets. Features such as easy checkout with Apple Pay and free shipping on all orders are included to enhance user convenience.
What products or services does Mona offer?
Mona offers Mona Personal Shopper.
Who are Mona's investors?
Mona has 1 investor. Key investors include Techstars.
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