# Monarch Money

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/monarch-money

- Industry: Financial Services
- Headquarters: Covina, US
- Website: www.monarchmoney.com
- Total disclosed funding: $80M
- Latest round: Series B (May 23, 2025)
- Investors on record: 6

## About

Founded in 2018 and based in California, US, Monarch Money, Inc., formerly known as Monarch Money Club, Inc. operates as a money management platform. In May 2025, Monarch Money, Inc. raised USD 75 million in series B funding co-led by new investors Forerunner Ventures and FPV Ventures, with participation from returning investors SignalFire, Menlo Ventures, Accel, and Clocktower Ventures. Monarch Money, Inc. provides a subscription-based platform that allows consumers to manage and track their finances. The firm's platform also features long-term financial planning and tracking of investment portfolio allocation. The firm's platform also provides a mortgage calculator that enables consumers to compute for their preferred possible amortization schedule. Monarch Money, Inc. generates revenue by providing subscription plans which start at USD 9.99 per month or USD 89.99 per year. The company will use the May 2025 funding to accelerate subscriber growth.

## Funding rounds

- Series B, May 23, 2025, $75M — Accel, Menlo Ventures, Forerunner Ventures, SignalFire, FPV Ventures, Clocktower Ventures
- Seed, Jul 24, 2021, $4.8M — Accel, SignalFire

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series B
- SignalFire (https://capitalatlas.ai/funds/signalfire) — Seed, Series B
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series B
- Forerunner Ventures (https://capitalatlas.ai/funds/forerunner-ventures) — Series B
- FPV Ventures (https://capitalatlas.ai/funds/fpv-ventures) — Series B
- Clocktower Ventures (https://capitalatlas.ai/funds/clocktower-ventures) — Series B