About Monolith Brands
Monolith Brands is a company based in New York (United States) founded in 2020 by Pierre Abousleiman and Jonathan Shifke. It operates as a Direct-to-Consumer (D2C) and Reseller / Distribution. Monolith Brands has raised $97.5 million across 4 funding rounds from investors including Ares Management and Ares Commercial Finance. Monolith Brands offers products and services including Re-Play, Downtown Pet, and Dammit Dolls. Monolith Brands operates in a competitive market with competitors including Global-e, CommerceIQ, Cart.com, BigCommerce and AnyMind Group, among others.
- Headquarter New York, United States
- Founders Pierre Abousleiman, Jonathan Shifke
- SectorsRetailTechnology
- Website monolithbrands.com
- Social LinkedIn
- Legal Name Monolith Brands Group
- Total Equity Funding$97.5M (USD)
in 4 rounds
- Latest Funding Round$50M (USD), Series A
Sep 2022
- InvestorsAres Management
& 1 more
Products & Services of Monolith Brands
Monolith Brands offers a comprehensive portfolio of products and services, including Re-Play, Downtown Pet, and Dammit Dolls.
Sustainable products for children are offered by Re-Play.
Pet care items are provided through Downtown Pet.
Unique stress-relief dolls are sold as Dammit Dolls.
Funding Insights of Monolith Brands
Monolith Brands has successfully raised a total of $97.5M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $50 million completed in September 2022. 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 $97.5M
- Total Rounds 4
- Last Round Series A — $50M
- First Round $47.5M
(Apr 2022)
- Investors Count 2
All 4 funding rounds of Monolith Brands 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 |
|---|---|---|---|---|---|
| Sep 2022 | $180M | Debt – Conventional | – | – | |
| Sep 2022 | $50M | Series A | – | – | – |
| Aug 2022 | $30M | Debt – Conventional | – | – | |
| Apr 2022 | $47.5M | Series A | – | – | – |
2 investors in total: 2 institutional.
Investors in Monolith Brands
Monolith Brands has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Ares Management and Ares Commercial Finance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Alternative asset investment management firm | 1997 | aresmgmt.com | Los Angeles, United States | |
Provides financing solutions like loans and credit facilities to middle-market companies. | 2016 | arescommercialfinance.com | New York, United States |
Investor details for Monolith Brands
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People of Monolith Brands
2 people are tracked at Monolith Brands (2 in leadership).
| Name | Role | Group |
|---|---|---|
Pierre Abousleiman | Co-Founder | Leadership |
Jonathan Shifke | Co-Founder | Leadership |
Complete people profiles for Monolith Brands
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Timeline of Monolith Brands
3 dated milestones of Monolith Brands across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Monolith Brands is founded.
- Funding First funding round of $47.5M.
- Funding Latest funding round, Series A, of $50.0M.
Competitors of Monolith Brands
Monolith Brands 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 Global-e, CommerceIQ, Cart.com, BigCommerce and AnyMind Group, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| global-e.com | 2013 | London, United Kingdom | $100M | 53 | Software solutions for cross-border e-commerce industries are provided. | |
| commerceiq.ai | 2012 | Mountain View, United States | $195.5M | 256 | AI platform for retail ecommerce management and optimization is provided. | |
| cart.com | 2020 | Austin, United States | $481.56M | 998 | Software suite solutions are provided for e-commerce businesses. | |
| bigcommerce.com | 2009 | Austin, United States | $233.45M | 1,321 | SaaS-based software suites for e-commerce operations are provided. | |
| anymindgroup.com | 2016 | Singapore | $79.7M | – | Platforms for e-commerce, marketing, and manufacturing are provided. | |
| bazaarvoice.com | 2005 | Austin, United States | $20.43M | 189 | Provider of SaaS based marking solution | |
| shopup.org | 2017 | Dhaka, Bangladesh | $198.12M | – | ShopUp is focused on empowering small businesses through technology. | |
| woocommerce.com | 2008 | Cape Town, South Africa | – | – | Open source solution that enables retailers to build an online store | |
| anscommerce.com | 2017 | Gurugram, India | $2.52M | 45 | E-commerce solutions and logistics are provided for online businesses. | |
| pattern.com | 2013 | Lehi, United States | $277M | 166 | Software suite solutions are provided for brands and e-commerce businesses. |
Detailed competitors of Monolith Brands
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Web traffic of Monolith Brands
The website of Monolith Brands (monolithbrands.com) receives about 3.5K visits a month.
- Monthly visits3.5K
▲ 9.2% vs previous month
Latest news on Monolith Brands
Complete news archive for Monolith Brands
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Similar companies to Monolith Brands
10 companies that operate in the same segment as Monolith Brands (E-Commerce Sellers & Service Providers), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Global commerce and digital cloud transformation services are provided internationally. | 2003 | Quebec City, Quebec, Canada | USD 143 M | – | – | |
Provider of essential services for merchants including business management, customer analysis, and payment services | 2016 | Seoul, South Korea | USD 131.97 M | – | – | |
E-commerce support services are provided to various clients. | 1899 | Bradford, West Yorkshire, United Kingdom | – | – | – | |
Omni-channel payments solutions are provided for businesses worldwide. | 1981 | Alpharetta, Georgia, United States | – | USD 1.87 B | 531 | |
Apparel and accessories for men, women, and kids are retailed. | 1987 | New York, New York, United States | – | USD 596.6 M | 1,321 | |
E-commerce support services are provided to online businesses. | 1969 | Eastleigh, Hampshire, United Kingdom | – | – | – | |
Marketing and sales services are delivered to retailers by SPAR. | 1967 | Auburn Hills, Michigan, United States | – | USD 163.63 M | 3,420 | |
Customer analytics solutions are provided for brands and retailers. | 1979 | Chicago, Illinois, United States | USD 100.32 M | – | – | |
Shopify businesses are acquired through a streamlined, efficient process. | 2021 | Miami, Florida, United States | USD 137 M | – | – | |
Oversize accelerator software solutions are provided for bulky e-commerce products. | 2006 | Lincoln, Nebraska, United States | USD 208 M | – | – |
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Frequently Asked Questions about Monolith Brands
Monolith Brands was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Monolith Brands is headquartered in New York, United States. It is registered at New York, New York, United States.
Monolith Brands is a funded company, having raised a total of $97.5M across 4 funding rounds to date. The company's 1st funding round was a Series A of $47.5M, raised on Apr 2022.
Monolith Brands is involved in the creation and distribution of premium consumer products across various categories, including childrens items, pet care, and novelty goods. The company operates a family of brands such as Re-Play, Downtown Pet, and Dammit Dolls, focusing on sustainable and safe solutions. Products are sourced responsibly, with some made in the USA, while global sourcing is also utilized. The sectors served include child care, pet care, and leisure, with an emphasis on delivering joy and thoughtful product development. An omnichannel, data-driven approach is adopted to scale partnered brands and enhance market presence.
Monolith Brands's top competitors include CommerceIQ, Bazaarvoice and ShopUp.
Monolith Brands offers Re-Play, Downtown Pet, and Dammit Dolls.
Monolith Brands has 2 investors. Key investors include Ares Management, and Ares Commercial Finance.
Monolith Brands operates through Monolith Brands Group.