Monit: Funding, Investors & Team (Sep 2026)
Monit is an award-winning financial intelligence platform for leading financial institutions who want to provide business customers with embedded ‘digital CFO’ tools and enhanced analytics/targeting capabilities for bankers and marketing teams. The two-sided platform includes highly desirable SMB features (cashflow forecasting, industry benchmarking, business valuation, etc.) as well as data-driven relationship deepening tools and insights for bankers. Built by a team of former bankers, Monit’s mission to help banks and credit unions win in the increasingly competitive SMB market. Monit is headquartered in Boston, MA with a fully US-based team. The company is privately funded with investment from TTV Capital, JAM FINTOP, Runway Venture Partners, Correlation Ventures, and bank partners. Optional: Learn more at http://www.MonitApp.io and engage with Monit on LinkedIn or Twitter.
Monit has raised $4.0M across 2 funding rounds on record, the most recent an undisclosed round of $2.3M announced in Mar 2024.
That round is below the $5.7M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
Monit Company Profile and Key Stats
Latest funding round on record: Mar 2024.
Monit Funding Rounds
Monit raised $1.7M in an undisclosed round announced in Apr 2023.
11 months later, an undisclosed round of $2.3M was announced in Mar 2024.
Monit Founders and Leadership Team
No contact details are on record for this team yet.
Monit Funding Compared to Other Artificial Intelligence Startups
Monit's latest round of $2.3M is below the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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Monit Funding FAQs
What does Monit do?
Monit is an award-winning financial intelligence platform for leading financial institutions who want to provide business customers with embedded ‘digital CFO’ tools and enhanced analytics/targeting capabilities for bankers and marketing teams. The two-sided platform includes highly desirable SMB features (cashflow forecasting, industry benchmarking, business valuation, etc.) as well as data-driven relationship deepening tools and insights for bankers. Built by a team of former bankers, Monit’s mission to help banks and credit unions win in the increasingly competitive SMB market. Monit is headquartered in Boston, MA with a fully US-based team. The company is privately funded with investment from TTV Capital, JAM FINTOP, Runway Venture Partners, Correlation Ventures, and bank partners. Optional: Learn more at http://www.MonitApp.io and engage with Monit on LinkedIn or Twitter.
How much funding has Monit raised?
Monit has raised $4.0M across 2 rounds on record. The most recent is an undisclosed round of $2.3M announced in Mar 2024.
When did Monit last raise funding?
Monit's most recent funding round on record is an undisclosed round of $2.3M, announced in Mar 2024.
Who founded Monit?
FundedIQ lists Stephen Dow (Founder) at Monit.
Where is Monit headquartered?
Monit is based in Boston, Massachusetts, United States.
How many employees does Monit have?
Monit is in the 11-50 employee band.
How does Monit's funding compare to other Artificial Intelligence startups?
Monit's latest round of $2.3M is below the $5.7M median round size for Artificial Intelligence companies on FundedIQ across 7,234 tracked companies over the last two years.
About FundedIQ's Monit 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 Monit is left off this page rather than filled in.
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