Monoqi

Berlin, Germany Founded: 2011 • Age: 15 yrs Acquired By Decovry
Home improvement items are retailed online by Monoqi.
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About Monoqi

Monoqi is a company based in Berlin (Germany) founded in 2011 was acquired by Decovry in January 2020.. Monoqi has raised $16.8 million across 3 funding rounds from investors including Conde Nast, Hasso Plattner Ventures and Decovry. Monoqi operates in a competitive market with competitors including Wayfair, Tink, Connox, Fashion For Home and WestwingNow, among others.

  • Headquarter Berlin, Germany
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Monoqi Gmbh
Operational Areas
Consumer → Beauty, Personal & Household Care
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $16.8 M (USD)

    in 3 rounds

  • Latest Funding Round
    $16.8 M (USD), Series C

    Jun 01, 2017

  • Investors
    Conde Nast

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Decovry

    (Jan 22, 2020)

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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
  • Total Rounds 3
  • Last Round Series C — $16.8M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2017 Amount Series C - Monoqi Valuation

investors

Feb, 2013 Amount Seed - Monoqi Valuation

investors

Aug, 2012 Amount Seed - Monoqi Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech focused seed and growth stage VC firm investing in the Germany and the US
Founded Year Domain Location
Various print, digital, and video media brands are owned.
Founded Year Domain Location
Online store for eco-friendly home decor and sustainable lifestyle items.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Monoqi

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Monoqi

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Monoqi Comparisons

Employees
+
Add Comparison
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Competitors of Monoqi

Monoqi 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 Wayfair, Tink, Connox, Fashion For Home and WestwingNow, 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 home improvement products are sold online by Wayfair.
domain founded_year HQ Location
Smart home products are retailed online by Tink.
domain founded_year HQ Location
Furniture and home decor products are retailed online by Connox.
domain founded_year HQ Location
Designer furniture and home accessories are retailed online internationally.
domain founded_year HQ Location
Multi-category home decor and furniture products are retailed online.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Monoqi

Frequently Asked Questions about Monoqi

When was Monoqi founded?

Monoqi was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Where is Monoqi located?

Monoqi is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

Is Monoqi a funded company?

Monoqi is a funded company, having raised a total of $16.8M across 3 funding rounds to date.

What does Monoqi do?

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.

Who are the top competitors of Monoqi?

Monoqi's top competitors include Wayfair, Tink and Connox.

Who are Monoqi's investors?

Monoqi has 3 investors. Key investors include Conde Nast, Hasso Plattner Ventures, and Decovry.

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