About Monoqi
Monoqi is a Consumer company based in Berlin (Germany) founded in 2011, and was acquired by Decovry in January 2020. Home improvement items are retailed online by Monoqi. Monoqi has raised $16.8 million across 3 funding rounds from investors including Conde Nast, Hasso Plattner Ventures and Decovry. Its focus areas include Retail, Home Improvements, B2C Commerce and Horizontal. Its legal entity is MONOQI GmbH. Its competitors include Tink, Connox and Fashion For Home; 2 of its 3 listed competitors have raised funding.
Company details
Monoqi was founded in 2011 and is headquartered in Berlin, Germany. Operations are conducted as an online retailer within the home improvement sector. A diverse product catalog is maintained, encompassing furniture, storage cabinets, home textiles, lights, kitchenware, and decor. Sales and distribution occur primarily through the companys digital platform, monoqi.com, targeting consumers across Europe.
- Headquarters Berlin, Germany
- Stage Acquired
- SectorsConsumer
- Website monoqi.com
- Social X
- Acquired by Decovry (Jan 2020)
- Legal Name Monoqi Gmbh
- Total Equity Funding$16.8M (USD)
in 3 rounds
- Latest Funding Round$16.8M (USD), Series C
Jun 2017
- InvestorsConde Nast
& 2 more
- Acquired byDecovry
(Jan 2020)
Funding Insights of Monoqi
Monoqi has successfully raised a total of $16.8M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $16.8 million completed in June 2017. 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 $16.8M
- Total Rounds 3
- Last Round Series C — $16.8M
- Investors Count 2
All 3 funding rounds of Monoqi 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 |
|---|---|---|---|---|---|
| Jun 2017 | $16.8M | Series C | – | – | – |
| Feb 2013 | Seed | – | – | ||
| Aug 2012 | Seed | – | – |
3 investors in total: 3 institutional.
Investors in Monoqi
Monoqi has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Conde Nast, Hasso Plattner Ventures and Decovry.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech focused seed and growth stage VC firm investing in the Germany and the US | hp-ventures.com | Potsdam, Germany | ||
Various print, digital, and video media brands are owned. | 1909 | condenast.com | New York, United States | |
Online store for eco-friendly home decor and sustainable lifestyle items. | 2011 | decovry.com | Sint Martens Latem, Belgium |
Investor details for Monoqi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Timeline of Monoqi
4 dated milestones of Monoqi across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Monoqi is founded.
- Funding First funding round.
- Funding Latest funding round, Series C, of $16.8M.
- Exit Acquired by Decovry.
Competitors of Monoqi
Monoqi has 3 listed competitors in our database, 2 of them funded. They include Tink, Connox and Fashion For Home.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tink.de | 2016 | Berlin, Germany | $58.97M | 94 | Smart home products are retailed online by Tink. | |
| connox.com | 2002 | Hannover, Germany | $2.85M | 186 | Furniture and home decor products are retailed online by Connox. | |
| fashionforhome.de | 2009 | Berlin, Germany | Designer furniture and home accessories are retailed online internationally. |
Detailed competitors of Monoqi
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- Full competitor set
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Web traffic of Monoqi
Websites that share an audience with Monoqi (monoqi.com).
Websites whose visitors overlap most with Monoqi. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fab.com | 100% | 4.4M | #9,654 | View details | |
monqui.com | monqui.com | 86% | #10,533,495 | – | |
| facebook.com | 62% | 12.1B | #3 | View details |
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Related news about Monoqi
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Frequently Asked Questions about Monoqi
Monoqi was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Monoqi is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Monoqi is a funded company, having raised a total of $16.8M across 3 funding rounds to date.
Monoqi was founded in 2011 and is headquartered in Berlin, Germany. Operations are conducted as an online retailer within the home improvement sector. A diverse product catalog is maintained, encompassing furniture, storage cabinets, home textiles, lights, kitchenware, and decor. Sales and distribution occur primarily through the companys digital platform, monoqi.com, targeting consumers across Europe.
Monoqi's top competitors include Tink, Connox and Fashion For Home.
Monoqi has 3 investors. Key investors include Conde Nast, Hasso Plattner Ventures, and Decovry.
Monoqi operates through Monoqi Gmbh.
Yes. Monoqi was acquired by Decovry in January 2020.