About Monument
Monument is a company based in Chicago (United States) founded in 2014.. Monument has raised $2.64 million across 6 funding rounds from investors including ITU ARI Teknokent, Bluestein Ventures and Sinan Guler. Monument operates in a competitive market with competitors including Eye-Fi, Eggcyte, Meet ibi, Omoidebako and Life's Time Capsule, among others.
- Headquarter Chicago, United States
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Monument Labs, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.64 M (USD)
in 6 rounds
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Latest Funding Round
$1.24 M (USD), Seed
Nov 06, 2017
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Investors
ITU ARI Teknokent
& 5 more
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Employee Count
Employee Count
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Funding Insights of Monument
Monument has successfully raised a total of $2.64M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $1.24 million completed in November 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 Funding
- Total Rounds 6
- Last Round Seed — $1.2M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Seed - Monument | Valuation |
investors |
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| Jul, 2017 | Amount | Seed - Monument | Valuation | ACT | |
| Jul, 2016 | Amount | Seed - Monument | Valuation | StartersHub |
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| 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 Monument
Monument has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include ITU ARI Teknokent, Bluestein Ventures and Sinan Guler. 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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Early-stage investments are made in the food industry by Bluestein Ventures.
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Founded Year | Domain | Location | |
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Early-stage health tech, technology, and sustainability companies are funded.
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Founded Year | Domain | Location | |
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Sector-agnostic acceleration is offered to startups across industries.
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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 Monument
| 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 - Monument
| 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 |
Monument Comparisons
Competitors of Monument
Monument 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 Eye-Fi, Eggcyte, Meet ibi, Omoidebako and Life's Time Capsule, 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 |
WiFi enabled SD cards and cloud sharing platform
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| domain | founded_year | HQ Location |
Online platform offering cloud storage solutions
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| domain | founded_year | HQ Location |
Serves as digital storage equipment for photos and videos.
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| domain | founded_year | HQ Location |
Offers an app-based platform for creating photo albums.
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| domain | founded_year | HQ Location |
Personal data storage and social media service provider
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| 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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Latest news on Monument
Frequently Asked Questions about Monument
When was Monument founded?
Monument was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Monument located?
Monument is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Monument a funded company?
Monument is a funded company, having raised a total of $2.64M across 6 funding rounds to date.
What does Monument do?
Monument was founded in 2014 in Chicago, United States, focusing on consumer electronics for personal media storage. Photos and videos from smartphones are automatically collected, synced, and organized by date, location, faces, and other criteria. Storage capacity is expanded via external USB drives. Content access is enabled through a companion mobile app, supporting users in managing digital memories.
Who are the top competitors of Monument?
Monument's top competitors include Eye-Fi, Eggcyte and Life's Time Capsule.
Who are Monument's investors?
Monument has 6 investors. Key investors include ITU ARI Teknokent, Bluestein Ventures, Sinan Guler, ACT Venture Partners, and StartersHub.