MyMonii

Copenhagen, Denmark Founded: 2015 • Age: 11 yrs Minicorn
App-based expense management platform for children

About MyMonii

MyMonii is a Technology company based in Copenhagen (Denmark) founded in 2015. App-based expense management platform for children. It operates in the Technology and Financial Services sectors. MyMonii has raised $1.42 million across 5 funding rounds from investors including Michael Schlunssen, Morten Astrup and Jonas Vognsen. The company has 1 employees. MyMonii was last valued at $4.58 million in December 2021. Its focus areas include FinTech, Payments, Consumer Payments and Payment Cards. Its legal entity is MyMonii ApS. Its competitors include Young Money, Spenderlog and AL Lommpepenge; 1 of its 3 listed competitors has raised funding.

Company details

MyMonii was founded in 2015 in Copenhagen, Denmark, as a fintech platform focused on childrens financial education. An app-based system is provided for tracking pocket money and savings. Tasks are assigned by parents to children, with digital rewards issued upon completion. NFC-enabled prepaid cards are supplied for everyday expenses. Access to the platform is supported on both iOS and Android devices.

  • Headquarters Copenhagen, Denmark
  • Employees 1
  • Stage Minicorn
  • Sectors
    Technology
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website mymonii.dk
  • Social LinkedIn Facebook
  • Legal Name Mymonii Aps
Key Metrics
  • Net Profit
    -$842.9 K (USD)
    1
    as on Dec 31, 2022
  • EBITDA
    -$807.22 K (USD)
    6
    as on Dec 31, 2022
  • Total Equity Funding
    $1.42M (USD)

    in 5 rounds

  • Latest Funding Round
    $319.01K (USD), Seed

    Dec 2021

  • Investors
  • Employee Count
    1

Funding Insights of MyMonii

MyMonii has successfully raised a total of $1.42M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $319.01 thousand completed in December 2021. 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 $1.42M
  • Total Rounds 5
  • Last Round Seed β€” $319,008
  • First Round $150,000

    (Dec 2015)

  • Investors Count 5

All 5 funding rounds of MyMonii with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2021$319,008Seed$4.58M–
–
Dec 2020$509,564Seed$4.12M–
–
May 2019$149,983Seed$‒‒‒‒‒–
–
Jul 2016$295,952Angel Round$β€’β€’β€’β€’β€’Michael Schlunssen, Morten Astrup
–
Dec 2015$150,000Seed–Seed Capital
Valuation history
DateValuationStage
Dec 2021$4.58Mβ€’β€’β€’β€’β€’β€’β€’β€’
Dec 2020$4.12Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jul 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of MyMonii

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $4.58M (Dec 2021). 5 investors in total: 1 institutional and 4 angel.

Investors in MyMonii

MyMonii has secured backing from 5 investors, including angel and venture fund investors. Prominent investors backing the company include Michael Schlunssen, Morten Astrup and Jonas Vognsen.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
seedcapital.com

Michael Schlunssen

unknown_20a8293cbdf642f88

Morten Astrup

unknown_5a6129651e6a49d8a

Jonas Vognsen

unknown_b51a91f0decf4f05b

Thor Angelo

Indian angel investor focusing on early-stage tech startups.
unknown_d21a239f9931440aa
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Investor details for MyMonii

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

Timeline of MyMonii

4 dated milestones of MyMonii across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded MyMonii is founded.
  2. Funding First funding round of $150K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $319K.

Competitors of MyMonii

MyMonii has 3 listed competitors in our database, 1 of them funded. They include Young Money, Spenderlog and AL Lommpepenge.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
youngmoney.dk2012Copenhagen, Denmark$2.6M3
Prepaid payment cards for children with parental controls are provided.
spenderlog.dk2017Hillerod, Denmark1
Mobile app for automatic expense overview and spending habit analysis.
lommepengeapp.dk2018Copenhagen, Denmark
Provides a financial management app tailored for kids.
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Related news about Mymonii

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Frequently Asked Questions about MyMonii

MyMonii was founded in 2015.

MyMonii is headquartered in Copenhagen, Denmark.

MyMonii is a funded company, having raised a total of $1.42M across 5 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Dec 2015.

MyMonii has 1 employees.

MyMonii was founded in 2015 in Copenhagen, Denmark, as a fintech platform focused on childrens financial education. An app-based system is provided for tracking pocket money and savings. Tasks are assigned by parents to children, with digital rewards issued upon completion. NFC-enabled prepaid cards are supplied for everyday expenses. Access to the platform is supported on both iOS and Android devices.

MyMonii's top competitors include Young Money, Spenderlog and AL Lommpepenge.

MyMonii has 5 investors. Key investors include Michael Schlunssen, Morten Astrup, Jonas Vognsen, Seed Capital, and Thor Angelo.

The valuation of MyMonii is $4.58M as of Dec 2021.

MyMonii operates through Mymonii Aps.

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