Monit
Enabling banks to attract, deepen, and grow relationships with their business clients
Enabling banks to attract, deepen, and grow relationships with their business clients
Monit is an award-winning financial intelligence platform catering specifically to leading financial institutions looking to enhance their relationships with business clients. The platform offers 'digital CFO' tools and advanced analytics for bankers and marketing teams. Monit's two-sided platform provides small and medium-sized businesses with desirable features such as cashflow forecasting, industry benchmarking, and business valuation, while also equipping bankers with data-driven relationship deepening tools. Founded in 2019 and headquartered in Boston, MA, Monit has secured a $2.30M Venture Round investment on 15 March 2024, backed by investors including TTV Capital, JAM FINTOP, Runway Venture Partners, Correlation Ventures, and bank partners. The company's focus on empowering banks and credit unions to excel in the competitive SMB market positions it as a promising player in the Fintech, SaaS, and Banking industries.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Venture Round | $3.59M | 1 |
|
15 Mar 2024 |
| Seed Round | $1.75M | - | 27 Apr 2023 | |
| Seed Round | $3.75M | - | 03 Jan 2022 | |
| Seed Round | $5.20M | 6 |
|
13 Apr 2021 |
| Non Equity Assistance | Unknown | 1 |
|
17 Dec 2020 |
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