About Monarx
Monarx is a company based in Salt Lake City (United States) founded in 2017 by Brian Karney, Matt Hoffman, and Jon Gay. Monarx has raised $14.38 million across 3 funding rounds from investors including Crosscut Ventures, Signal Peak and Kickstart Fund. Monarx operates in a competitive market with competitors including Jetpack, ScanSafe, Trust Lab, Tala Security and Chaitin, among others.
- Headquarter Salt Lake City, United States
- Founders Brian Karney, Matt Hoffman, Jon Gay
- SectorsTechnology
- Website category Computers Electronics and Technology · Web Hosting and Domain Names
- Email••••••••
- Website monarx.com
- Social LinkedIn X Facebook
- Legal Name Monarx, Inc
- Total Equity Funding$14.38M (USD)
in 3 rounds
- Latest Funding Round$4.98M (USD), Series A
Nov 2025
- InvestorsCrosscut Ventures
& 3 more
Funding Insights of Monarx
Monarx has successfully raised a total of $14.38M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.98 million completed in November 2025. 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 $14.38M
- Total Rounds 3
- Last Round Series A — $4.98M
- First Round $3.3M
(May 2017)
- Investors Count 4
All 3 funding rounds of Monarx with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2025 | $4.98M | Series A | – | – | – |
| Mar 2023 | $6.1M | Series A | – | Signal Peak | |
| May 2017 | $3.3M | Seed | – | Pelion Venture Partners |
4 investors in total: 4 institutional.
Investors in Monarx
Monarx has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Crosscut Ventures, Signal Peak and Kickstart Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments in US tech and life sciences are targeted. | – | spv.com | Salt Lake City, United States | |
US focused early-stage VC firm | – | pelionvp.com | Salt Lake City, United States | |
VC firm investing in seed and early stage companies in the US | 2007 | crosscut.vc | Santa Monica, United States | |
Venture capital funding is provided to early-stage startups. | – | kickstartseedfund.com | - |
Investor details for Monarx
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Monarx
4 people are tracked at Monarx (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Brian Karney | Co-Founder | Leadership |
Matt Hoffman | Co-Founder & CEO | Leadership |
Jon Gay | Co-Founder & CTO | Leadership |
Jeremy Warren | Advisor | Team |
Complete people profiles for Monarx
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
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Timeline of Monarx
3 dated milestones of Monarx across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Monarx is founded.
- Funding First funding round of $3.3M.
- Funding Latest funding round, Series A, of $5.0M.
Competitors of Monarx
Monarx 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 Jetpack, ScanSafe, Trust Lab, Tala Security and Chaitin, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jetpack.com | 1996 | Los Angeles, United States | $2.4M | 846 | Website security and performance enhancements are delivered by Jetpack. | |
| scansafe.com | 2004 | San Francisco, United States | $28.5M | – | Cloud-based web proxy security is delivered for enterprise web usage. | |
| trustlab.com | 2019 | Palo Alto, United States | $15M | – | Website security solutions provider | |
| talasecurity.io | 2016 | San Francisco, United States | $9.51M | – | Website threat detection solutions are provided for client-side protection. | |
| chaitin.cn | 2014 | Beijing, China | $15.08M | – | Threat detection and vulnerability assessment for web applications are provided. | |
| memcyco.com | 2021 | Bnei Brak, Israel | $10M | – | Real-time digital impersonation and ATO fraud protection is offered by Memcyco. | |
| edg.io | 2001 | Phoenix, United States | – | 980 | Offers cloud-based API security solutions for enhanced protection. | |
| baffinbaynetworks.com | 2017 | Stockholm, Sweden | $6.4M | – | Global protection against DDoS and web application attacks is delivered. | |
| dasient.com | 2008 | Palo Alto, United States | $2M | – | Web anti-malware solution to detect web threats |
Detailed competitors of Monarx
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Monarx
The website of Monarx (monarx.com) receives about 13.5K visits a month and ranks #1,686,840 among all websites worldwide, #4,594 in Web Hosting and Domain Names.
- Monthly visits13.5K
▲ 55.1% vs previous month
- Unique visitors3.4K
per month
- Global rank#1,686,840
among all websites
- Category rank#4,594
Computers Electronics and Technology · Web Hosting and Domain Names
- Bounce rate35%
- Pages per visit5.5
- Average visit47 sec
- DevicesDesktop 31% · Mobile 69%
Latest news on Monarx
Complete news archive for Monarx
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Monarx
10 companies that operate in the same segment as Monarx (Cybersecurity & Data Protection), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based website security solutions | 2009 | San Francisco, California, United States | USD 332.1 M | USD 1.67 B | 4,260 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 2,241 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
AI-based software suites are developed for navigation applications. | 1893 | Paris, France | – | USD 26.01 B | 83,020 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud-based identity management and authentication are provided for enterprises. | 2009 | San Francisco, California, United States | USD 231.3 M | USD 2.92 B | 5,910 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Identity security solutions are provided to secure identities across infrastructures. | 1999 | Petah Tikva, Central District, Israel | USD 59 M | USD 1 B | 3,790 |
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Frequently Asked Questions about Monarx
Monarx was founded in 2017.
Monarx is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Matt Hoffman is the current CEO of Monarx. They have also founded this company.
Monarx is a funded company, having raised a total of $14.38M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3.3M, raised on May 2017.
Monarx was founded in 2017 and is based in Salt Lake City, United States. Operations focus on cybersecurity for web environments, where a cloud-based platform is utilized to safeguard Linux web servers. Continuous real-time detection of malicious scripts is enabled, along with proactive prevention measures. Web shells are identified and blocked, attack surfaces are minimized, and backdoors such as web shells are examined through rules, signatures, analytics, and dynamic analysis.
Monarx's top competitors include Jetpack, Baffin Bay Networks and Tala Security.
Monarx has 4 investors. Key investors include Crosscut Ventures, Signal Peak, Kickstart Fund, and Pelion Venture Partners.
Monarx operates through Monarx, Inc.