About Monumental
Monumental is a company based in Amsterdam (Netherlands) founded in 2021 by Sebastiaan Visser and Salar al Khafaji.. Monumental has raised $25 million across 1 funding round from investors including Pluralsight, Hummingbird Bioscience and Northzone. Monumental offers products and services including Construction Robots and AI Monitoring Software. Monumental operates in a competitive market with competitors including Diamond Age, Shanghai Weijian Technology, Construction Robotics, Raise Robotics and Baubot, among others.
- Headquarter Amsterdam, Netherlands
- Founders Sebastiaan Visser, Salar al Khafaji
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Sectors
Real Estate & Construction
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$25 M (USD)
in 1 rounds
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Latest Funding Round
$25 M (USD), Series B
Feb 15, 2024
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Investors
Pluralsight
& 5 more
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Employee Count
Employee Count
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Products & Services of Monumental
Monumental offers a comprehensive portfolio of products and services, including Construction Robots and AI Monitoring Software. 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.
Robots that automate masonry and building tasks on construction sites
Software for real-time site environment tracking using AI and cameras
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Funding Insights of Monumental
Monumental has successfully raised a total of $25M through 1 strategic funding round. The most recent funding activity was a Series B round of $25 million completed in February 2024. 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 1
- Last Round Series B — $25.0M
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First Round
First Round
(15 Feb 2024)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series B - Monumental | Valuation | Pluralsight , Hummingbird Bioscience |
| 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 Monumental
Monumental has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Pluralsight, Hummingbird Bioscience and Northzone. 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 startups are funded by Northzone venture capital.
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Founded Year | Domain | Location | |
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Investments are made in AEC and construction technology globally.
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Founded Year | Domain | Location | |
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Early-stage investments are made in European tech founders by NP-Hard.
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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 Monumental
| 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 - Monumental
| 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 |
Monumental Comparisons
Competitors of Monumental
Monumental 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 Diamond Age, Shanghai Weijian Technology, Construction Robotics, Raise Robotics and Baubot, 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 |
Innovative construction robotics solutions and automation platforms are provided.
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| domain | founded_year | HQ Location |
AI-driven robotic solutions for on-site construction are provided.
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| domain | founded_year | HQ Location |
Semi-automated masonry robots are developed to assist bricklayers.
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| domain | founded_year | HQ Location |
On-site construction robots are provided to contractors for bracket tasks.
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| domain | founded_year | HQ Location |
Develops mobile robotic systems for efficient, safe construction tasks worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Monumental
Frequently Asked Questions about Monumental
When was Monumental founded?
Monumental was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Where is Monumental located?
Monumental is headquartered in Amsterdam, Netherlands.
Who is the current CEO of Monumental?
Salar al Khafaji is the current CEO of Monumental. They have also founded this company.
Is Monumental a funded company?
Monumental is a funded company, having raised a total of $25M across 1 funding round to date. The company's 1st funding round was a Series B of $25M, raised on Feb 15, 2024.
What does Monumental do?
Provider of robotic solutions for on-site construction tasks. The company offers features like robot hardware, software, and machine vision pipeline.
Who are the top competitors of Monumental?
Monumental's top competitors include Diamond Age, Shanghai Weijian Technology and Raise Robotics.
What products or services does Monumental offer?
Monumental offers Construction Robots and AI Monitoring Software.
Who are Monumental's investors?
Monumental has 6 investors. Key investors include Pluralsight, Hummingbird Bioscience, Northzone, Foundamental, and NP-Hard.