About Monolith
Monolith is a company based in Jeju-si (South Korea) founded in 2014 by Jongseok Kim. It operates as a On-Demand Services, and Direct-to-Consumer (D2C). Monolith has raised $8.34 million across 2 funding rounds from investors including DSC Investment, Murex Partners and UTC Investment. Monolith offers products and services including 9.81 Park, Gravity Racing Championship, and 981 Battle Package.
- Headquarter Jeju-si, South Korea
- Founders Jongseok Kim
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Sectors
Travel & HospitalityMedia & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Monolith Inc. (주식회사 모노리스)
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.34 M (USD)
in 2 rounds
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Latest Funding Round
$8.34 M (USD), Series C
Oct 01, 2019
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Investors
DSC Investment
& 2 more
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Employee Count
Employee Count
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Products & Services of Monolith
Monolith offers a comprehensive portfolio of products and services, including 9.81 Park, Gravity Racing Championship, and 981 Battle Package. 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.
Innovative smart park offering immersive entertainment and activities.
Competitive racing event hosted at 9.81 Park venues.
Thrilling activity package for families and friends at parks.
Funding Insights of Monolith
Monolith has successfully raised a total of $8.34M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $8.34 million completed in October 2019. 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 Series C — $8.3M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Series C - Monolith | Valuation | Murex Partners , UTC Investment |
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| Jun, 2016 | Amount | Seed - Monolith | Valuation |
investors |
| 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 Monolith
Monolith has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include DSC Investment, Murex Partners and UTC Investment. 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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VC firm for seed to growth-stage firms
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Founded Year | Domain | Location | |
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Venture capital and private equity investment firm
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Founded Year | Domain | Location | |
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Early-stage venture capital is invested primarily in South Korean startups.
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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 Monolith
| 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 - Monolith
| 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 |
Monolith Comparisons
Competitors of Monolith
| 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 Monolith
When was Monolith founded?
Monolith was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Monolith located?
Monolith is headquartered in Jeju-si, South Korea. It is registered at Jeju-si, Jeju-do, South Korea.
Who is the current CEO of Monolith?
Jongseok Kim is the current CEO of Monolith. They have also founded this company.
Is Monolith a funded company?
Monolith is a funded company, having raised a total of $8.34M across 2 funding rounds to date.
What does Monolith do?
Monolith Inc. is focused on creating smart parks that redefine entertainment by combining technology with leisure. The company operates in the theme park and immersive experience sectors, offering unique activities like gravity racing and tailored packages. Solutions such as 9.81 Park are designed to provide freedom and excitement while aligning with modern trends. Through partnerships and expansions, locations in Jeju and Pohang are established to lead play culture in South Korea.
What products or services does Monolith offer?
Monolith offers 9.81 Park, Gravity Racing Championship, and 981 Battle Package.
Who are Monolith's investors?
Monolith has 3 investors. Key investors include DSC Investment, Murex Partners, and UTC Investment.