FundedIQ
Consumer Electronics

Monaire: Funding, Investors & Team (Sep 2026)

Monaire is a company in the electronics manufacturing industry that provides HVAC and refrigeration management solutions specifically tailored for small businesses.

www.monaire.ai LinkedIn Waltham, United States 11-50 employees
Electronics Heating Ventilation and Air Conditioning (HVAC) Machinery Manufacturing
Total raised
$7.6M
Rounds
2
Latest
Undisclosed round
Mar 2024

Monaire has raised $7.6M across 2 funding rounds on record, the most recent an undisclosed round of $3.5M announced in Mar 2024.

That round is below the $7.5M median round size for Consumer Electronics companies tracked on FundedIQ over the last two years.

Monaire Company Profile and Key Stats

Total funding raised
$7.6M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$3.5M in Mar 2024
Employees
11-50
reported band
Headquarters
Waltham, United States

Latest funding round on record: Mar 2024.

Monaire Funding Rounds

Date
Round
Amount
Undisclosed round
$3.5M
Seed
$4.1M

Monaire raised $4.1M in a Seed announced in Dec 2023.

3 months later, an undisclosed round of $3.5M was announced in Mar 2024.

Monaire Founders and Leadership Team

Name
Role
Contact
Nishant Kanapilly (nish)
Founder
Locked

Contact details for the Monaire team: 1 of 1 has an email address on file.

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Monaire Funding Compared to Other Consumer Electronics Startups

Segment
Companies
Median round

Monaire's latest round of $3.5M is below the median round in Consumer Electronics. Medians cover the last 24 months of disclosed rounds.

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Monaire Funding FAQs

What does Monaire do?

Monaire is a company in the electronics manufacturing industry that provides HVAC and refrigeration management solutions specifically tailored for small businesses.

How much funding has Monaire raised?

Monaire has raised $7.6M across 2 rounds on record. The most recent is an undisclosed round of $3.5M announced in Mar 2024.

When did Monaire last raise funding?

Monaire's most recent funding round on record is an undisclosed round of $3.5M, announced in Mar 2024.

Who founded Monaire?

FundedIQ lists Nishant Kanapilly (nish) (Founder) at Monaire.

Where is Monaire headquartered?

Monaire is based in Waltham, Massachusetts, United States.

How many employees does Monaire have?

Monaire is in the 11-50 employee band.

How does Monaire's funding compare to other Consumer Electronics startups?

Monaire's latest round of $3.5M is below the $7.5M median round size for Consumer Electronics companies on FundedIQ across 1,547 tracked companies over the last two years.

About FundedIQ's Monaire Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Monaire is left off this page rather than filled in.

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