FundedIQ
Information Technology

Shopmonkey: Funding, Investors & Team (Oct 2026)

Shopmonkey provides a process management software designed for auto repair shops. The platform eliminates double entry and avoids missing unpaid invoices by tracking everything payment-related in one shop management system. It integrates with Quickbooks and offers customers the ability to pay in-person or online. Shopmonkey utilizes built-in tools to communicate with customers via text and email. It enables users to send automated appointment confirmations and reminders, share invoices, inspection sheets, collect payments or answer questions with just a few clicks. The company was founded in 2016 and is headquartered in San Jose, California.

www.shopmonkey.io LinkedIn San Jose, United States 101-250 employees
Total raised
$100M
Rounds
2
Latest
Series C
Jul 2021

Shopmonkey has raised $100M across 2 funding rounds on record, the most recent a Series C of $75.0M announced in Jul 2021.

That round is above the $6.2M median round size for Information Technology companies tracked on FundedIQ over the last two years.

Shopmonkey Company Profile and Key Stats

Total funding raised
$100M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series C
$75.0M in Jul 2021
Employees
101-250
reported band
Headquarters
San Jose, United States

Latest funding round on record: Jul 2021.

Shopmonkey Funding Rounds

Date
Round
Amount
Series C
$75.0M
Undisclosed round
$25.0M

Shopmonkey raised $25.0M in an undisclosed round announced in Aug 2020.

11 months later, a Series C of $75.0M was announced in Jul 2021.

Shopmonkey Founders and Leadership Team

Name
Role
Contact
Ashot Iskandarian
CEO
Locked

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

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Shopmonkey Funding Compared to Other Information Technology Startups

Segment
Companies
Median round
30,234
$7.6M
1,869
$60M

Shopmonkey's latest round of $75.0M is above the median round in Information Technology. Medians cover the last 24 months of disclosed rounds.

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Shopmonkey Funding FAQs

What does Shopmonkey do?

Shopmonkey provides a process management software designed for auto repair shops. The platform eliminates double entry and avoids missing unpaid invoices by tracking everything payment-related in one shop management system. It integrates with Quickbooks and offers customers the ability to pay in-person or online. Shopmonkey utilizes built-in tools to communicate with customers via text and email. It enables users to send automated appointment confirmations and reminders, share invoices, inspection sheets, collect payments or answer questions with just a few clicks. The company was founded in 2016 and is headquartered in San Jose, California.

How much funding has Shopmonkey raised?

Shopmonkey has raised $100M across 2 rounds on record. The most recent is a Series C of $75.0M announced in Jul 2021.

When did Shopmonkey last raise funding?

Shopmonkey's most recent funding round on record is a Series C of $75.0M, announced in Jul 2021.

Who is the CEO of Shopmonkey?

Ashot Iskandarian is listed as CEO at Shopmonkey.

Where is Shopmonkey headquartered?

Shopmonkey is based in San Jose, California, United States.

How many employees does Shopmonkey have?

Shopmonkey is in the 101-250 employee band.

How does Shopmonkey's funding compare to other Information Technology startups?

Shopmonkey's latest round of $75.0M is above the $6.2M median round size for Information Technology companies on FundedIQ across 3,146 tracked companies over the last two years.

About FundedIQ's Shopmonkey 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 Shopmonkey is left off this page rather than filled in.

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