Monit (Financial Software) Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 27

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $3.59M

  • Investors
  • 10

Monit (Financial Software) General Information

Description

Developer of a financial intelligence platform intended to facilitate digital and financial engagement between banks and server message block clients. The company's platform links to a small and medium business accounting package manages cash flow, and calculates savings opportunities with clear views of current and predicted cash flow, revenue and profitability alongside timely, personalized financial insights and event modeling tools, enabling banks understand a customer's current and projected financial health

Contact Information

Website
www.monitapp.io
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 163 Highland Avenue
  • Suite 1140
  • Needham, MA 02494
  • United States
+1 (617)
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Media and Information Services (B2B)
Vertical(s)
FinTech, Mobile
Corporate Office
  • 163 Highland Avenue
  • Suite 1140
  • Needham, MA 02494
  • United States
+1 (617)

Monit (Financial Software) Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Monit (Financial Software) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC 17-May-2024 $3.59M Completed Generating Revenue
5. Accelerator/Incubator 04-Apr-2024 Completed Generating Revenue
4. Accelerator/Incubator 12-Dec-2023 Completed Generating Revenue
3. Early Stage VC 27-Apr-2023 Completed Generating Revenue
2. Seed Round 03-Jan-2022 $6.6M $7.35M Completed Generating Revenue
1. Angel (individual) 08-Apr-2020 $750K $750K Completed Generating Revenue
To view Monit (Financial Software)’s complete valuation and funding history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Request a free trial

Monit (Financial Software) Patents

  • 3

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 1

    Pending

  • Expiring in next 12 mo

Monit (Financial Software) Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220164405-A1 Intelligent machine learning content selection platform Inactive 20-Nov-2020
CA-3202717-A1 Intelligent machine learning content selection platform Pending 20-Nov-2020
US-20210248512-A1 Intelligent machine learning recommendation platform Inactive 06-Feb-2020 G06N20/00

Monit (Financial Software) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Monit (Financial Software) Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds
American Bankers Association Corporation Minority
BankTech Ventures Venture Capital Minority
Plug and Play Tech Center Accelerator/Incubator Minority
Independent Community Bankers of America Corporation
Correlation Ventures Venture Capital Minority
You’re viewing 5 of 10 investors. Get the full list »

Ready to get started?

Request a free trial

Monit (Financial Software) FAQs

  • When was Monit (Financial Software) founded?

    Monit (Financial Software) was founded in 2019.

  • Where is Monit (Financial Software) headquartered?

    Monit (Financial Software) is headquartered in Needham, MA.

  • What is the size of Monit (Financial Software)?

    Monit (Financial Software) has 27 total employees.

  • What industry is Monit (Financial Software) in?

    Monit (Financial Software)’s primary industry is Financial Software.

  • Is Monit (Financial Software) a private or public company?

    Monit (Financial Software) is a Private company.

  • What is Monit (Financial Software)’s current revenue?

    The current revenue for Monit (Financial Software) is .

  • How much funding has Monit (Financial Software) raised over time?

    Monit (Financial Software) has raised $12.7M.

  • Who are Monit (Financial Software)’s investors?

    American Bankers Association, BankTech Ventures, Plug and Play Tech Center, Independent Community Bankers of America, and Correlation Ventures are 5 of 10 investors who have invested in Monit (Financial Software).

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »