# Monark

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/monark

- Industry: Education/Training
- Headquarters: Calgary, Canada
- Website: www.leadwithmonark.com
- Total disclosed funding: $1.5M
- Latest round: Seed (Aug 1, 2023)
- Investors on record: 4

## About

Based in Canada, and founded in 2020, Monark provides an on-demand leadership development platform. The company was co-founded by Kelsey Hahn (CEO) and Amanda Julian. The firm customer base includes Grid Group, ARC, Calvert Home Mortgage, and many others. In August 2023, the firm raised USD 1.5 million in Seed funding led by investor Storytime Capital, with participation from investors Archangel and The51 Ventures. Returning investor University of Calgary Endowment also participated in the round.

The company offers leadership development programs by combining evidence-based content, engaging activities, and an on-demand platform. It provides users with self-led and professional-facilitated programs to aid in career progress. Additionally, the company offers customized training, 360-degree evaluations, automatic feedback, and pulse surveys.

The company plans to use the August 2023 funding to accelerate marketing efforts and product development, as well as expansion into the US market.

## Funding rounds

- Seed, Aug 1, 2023, $1.5M — University of Calgary Endowment, 51 Ventures, Archangel, Storytime Capital

## Investors

- University of Calgary Endowment — Seed
- 51 Ventures (https://capitalatlas.ai/funds/51-ventures) — Seed
- Archangel (https://capitalatlas.ai/funds/archangel) — Seed
- Storytime Capital (https://capitalatlas.ai/funds/storytime-capital) — Seed