# Monolith

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/monolith-3

- Industry: Oil & Gas
- Headquarters: Lincoln, US
- Website: www.monolithmaterials.com
- Total disclosed funding: $118M
- Latest round: Series B (Jan 18, 2018)
- Investors on record: 4

## About

Founded in 2012 and headquartered in Lincoln, Nebraska, Monolith Corp. specializes in sustainable production technologies, focusing on innovative solutions in materials manufacturing for various industries.Monolith Corp. is engaged in developing sustainable materials through advanced production methods. The company was founded in 2012 in Lincoln, Nebraska, by Emre Oner, Robert Hanson, and Will Cannady. Robert Hanson currently serves as the CEO. Monolith has raised a total of USD 300.00 mn, with its latest funding round occurring in September 2024, featuring investors such as Azimuth Capital Management and Decarbonization Partners.Monolith Corp. offers advanced material production solutions, primarily focusing on sustainable and innovative processes for various industries. Their products address market needs by providing unique materials that enhance efficiency and reduce environmental impact. The company serves a diverse range of clients, including those in the manufacturing and construction sectors, and its offerings are primarily marketed in North America, particularly in urban areas where sustainable practices are increasingly vital.Monolith Corp. generates revenue through structured partnerships and contracts with businesses focusing on sustainable production methods. Their revenue streams are built on long-term agreements with clients, ensuring consistent income flow as businesses engage with their innovative material solutions. The company tailors its offerings to meet the unique demands of clients, fostering ongoing relationships and enhancing retention through a responsive service model.Monolith Corp. plans to utilize the recent funding of USD 300.00 mn raised in September 2024 to expand its production facilities in Nebraska. This expansion aims to increase capacity and support the launch of new sustainable materials designed for specific industry applications. The company is also exploring entry into new geographic markets, targeting regions across North America where demand for sustainable solutions is growing. Their strategy includes the introduction of innovative products aimed at enhancing market share and meeting evolving consumer needs.

## Funding rounds

- Series B, Jan 18, 2018, $85M — Cornell Capital
- Series A, Mar 31, 2017, $9M — Warburg Pincus, Azimuth Capital Management, First Green Partners
- Series A, Apr 5, 2016, $14M — Warburg Pincus, Azimuth Capital Management, First Green Partners
- Seed, Mar 26, 2013, $10M — Warburg Pincus, Azimuth Capital Management, First Green Partners

## Investors

- Warburg Pincus (https://capitalatlas.ai/funds/warburg-pincus) — Seed, Series A
- Azimuth Capital Management (https://capitalatlas.ai/funds/azimuth-capital-management) — Seed, Series A
- First Green Partners (https://capitalatlas.ai/funds/first-green-partners) — Seed, Series A
- Cornell Capital (https://capitalatlas.ai/funds/cornell-capital) — Series B