# Monad Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/monad-labs

- Industry: Software
- Headquarters: New York, US
- Website: www.monad.xyz
- Total disclosed funding: $235M
- Latest round: Series A (Mar 12, 2024)
- Investors on record: 42

## About

Based in the US, and founded in 2022, Monad Labs, operates as a software development company that offers various decentralized solutions. As of 2023, the company is led by its CEO, Keone Hon, and COO, Eunice Giarta. In May 2024, Monad Labs, Inc. raised an undisclosed amount of venture funding from new investor OKX Ventures. The company offers various decentralized solutions to help developers build blockchain-based applications and infrastructure. The company also provides decentralized computation solutions by building hyper-optimized methods for accessing and storing states. It builds a pipeline system to increase the computational cost. The company plans to use the funds raised in February 2023 for product development.

## Funding rounds

- Series A, Mar 12, 2024, $216M — GSR Ventures, Greenoaks Capital, Galaxy Asset Management, Makers Fund, Electric Capital, Coinbase Ventures, Castle Island Ventures, Amber Group, Robot Ventures, Caladan, Paradigm, CMS Holdings, LLC, CoinFund Management, IOSG Ventures, SevenX Ventures, Nascent, Archetype, Mirana Ventures, Tess Ventures, eGirl Capital, Merit Circle, Big Brain Holdings, Figment Capital, Superscrypt, Faction, DBA, Manifold Trading, Wintermute Ventures, Bankless Ventures, Breed VC, Hailstone Labs, Bodhi Ventures, HTX Ventures, Edessa Capital, Flow Traders, Animoca Ventures, Presto Digital
- Seed, Feb 14, 2023, $19M — Placeholder, Dragonfly Digital Management, Lemniscap, Shima Capital, Finality Capital Partners

## Investors

- Placeholder (https://capitalatlas.ai/funds/placeholder) — Seed
- Dragonfly Digital Management (https://capitalatlas.ai/funds/dragonfly-digital-management) — Seed
- Lemniscap — Seed
- Shima Capital (https://capitalatlas.ai/funds/shima-capital) — Seed
- Finality Capital Partners (https://capitalatlas.ai/funds/finality-capital-partners) — Seed
- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Series A
- Greenoaks Capital (https://capitalatlas.ai/funds/greenoaks-capital) — Series A
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Series A
- Makers Fund (https://capitalatlas.ai/funds/makers-fund) — Series A
- Electric Capital (https://capitalatlas.ai/funds/electric-capital) — Series A
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series A
- Castle Island Ventures (https://capitalatlas.ai/funds/castle-island-ventures) — Series A
- Amber Group — Series A
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Series A
- Caladan — Series A
- Paradigm (https://capitalatlas.ai/funds/paradigm) — Series A
- CMS Holdings, LLC (https://capitalatlas.ai/funds/cms-holdings-llc) — Series A
- CoinFund Management (https://capitalatlas.ai/funds/coinfund-management) — Series A
- IOSG Ventures (https://capitalatlas.ai/funds/iosg-ventures) — Series A
- SevenX Ventures (https://capitalatlas.ai/funds/sevenx-ventures) — Series A
- Nascent (https://capitalatlas.ai/funds/nascent) — Series A
- Archetype — Series A
- Mirana Ventures (https://capitalatlas.ai/funds/mirana-ventures) — Series A
- Tess Ventures (https://capitalatlas.ai/funds/tess-ventures) — Series A
- eGirl Capital (https://capitalatlas.ai/funds/egirl-capital) — Series A
- Merit Circle (https://capitalatlas.ai/funds/merit-circle) — Series A
- Big Brain Holdings (https://capitalatlas.ai/funds/big-brain-holdings) — Series A
- Figment Capital (https://capitalatlas.ai/funds/figment-capital) — Series A
- Superscrypt (https://capitalatlas.ai/funds/superscrypt) — Series A
- Faction (https://capitalatlas.ai/funds/faction) — Series A
- DBA (https://capitalatlas.ai/funds/dba) — Series A
- Manifold Trading — Series A
- Wintermute Ventures (https://capitalatlas.ai/funds/wintermute-ventures) — Series A
- Bankless Ventures (https://capitalatlas.ai/funds/bankless-ventures) — Series A
- Breed VC (https://capitalatlas.ai/funds/breed-vc) — Series A
- Hailstone Labs — Series A
- Bodhi Ventures (https://capitalatlas.ai/funds/bodhi-ventures) — Series A
- HTX Ventures (https://capitalatlas.ai/funds/htx-ventures) — Series A
- Edessa Capital (https://capitalatlas.ai/funds/edessa-capital) — Series A
- Flow Traders (https://capitalatlas.ai/funds/flow-traders) — Series A
- Animoca Ventures (https://capitalatlas.ai/funds/animoca-ventures) — Series A
- Presto Digital — Series A