About MyMonii
MyMonii is a company based in Copenhagen (Denmark) founded in 2015.. 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 as of January 31, 2024. MyMonii operates in a competitive market with competitors including Young Money, Roov, Spenderlog, MyDollars and EclickSaver, among others.
- Headquarter Copenhagen, Denmark
- Employees 1 as on 31 Jan, 2024
- Stage Minicorn
-
Sectors
TechnologyFinancial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Mymonii Aps
-
Annual Revenue
-
Net Profit
$-842.9 K (USD)1as on Dec 31, 2022
-
EBITDA
$-807.22 K (USD)6as on Dec 31, 2022
-
Total Equity Funding
$1.42 M (USD)
in 5 rounds
-
Latest Funding Round
$319.01 K (USD), Seed
Dec 13, 2021
-
Investors
Seed Capital
& 4 more
-
Employee Count
1
as on Jan 31, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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 Total Funding
- Total Rounds 5
- Last Round Seed — $319,008
-
First Round
First Round
(01 Dec 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Seed - MyMonii | Valuation |
investors |
|
| Dec, 2020 | Amount | Seed - MyMonii | Valuation |
investors |
|
| May, 2019 | Amount | Seed - MyMonii | 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 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. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
MS
Michael Schlunssen |
-
|
Founded Year | Domain | Location |
|
MA
Morten Astrup |
-
|
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 MyMonii
| 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 - MyMonii
| 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 |
Mymonii Comparisons
Competitors of MyMonii
MyMonii 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 Young Money, Roov, Spenderlog, MyDollars and EclickSaver, 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 |
Prepaid payment cards for children with parental controls are provided.
|
|
| domain | founded_year | HQ Location |
Personal finance management app
|
|
| domain | founded_year | HQ Location |
Mobile app for automatic expense overview and spending habit analysis.
|
|
| domain | founded_year | HQ Location |
Serves as a tool for personal finance management and planning.
|
|
| domain | founded_year | HQ Location |
A cloud-based solution for effective budget management.
|
| 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 Mymonii
Frequently Asked Questions about MyMonii
When was MyMonii founded?
MyMonii was founded in 2015.
Where is MyMonii located?
MyMonii is headquartered in Copenhagen, Denmark.
Is MyMonii a funded company?
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 $149.98K, raised on Dec 01, 2015.
How many employees does MyMonii have?
As of Jan 31, 2024, the latest employee count at MyMonii is 1.
What does MyMonii do?
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.
Who are the top competitors of MyMonii?
MyMonii's top competitors include Young Money, Roov and Spenderlog.
Who are MyMonii's investors?
MyMonii has 5 investors. Key investors include Michael Schlunssen, Morten Astrup, Jonas Vognsen, Seed Capital, and Thor Angelo.
What is MyMonii's valuation?
The valuation of MyMonii is $4.58M as of Dec 2021.