When was Monad Labs founded?

Monad Labs was founded in 2022 and became a unicorn in 2024, reaching the milestone in 2 years. It raised its 1st funding round 1 year after its incorporation.

Where is Monad Labs located?

Monad Labs is headquartered in New York City, United States.

How many employees does Monad Labs have?

As of Dec 15, 2025, the latest employee count at Monad Labs is 67.

Is Monad Labs a funded company?

Monad Labs is a funded company, having raised a total of $248M across 3 funding rounds to date. The company's 1st funding round was a $22.6M Seed round, raised on Jan 29, 2023.

How much is Monad Labs worth?

The latest valuation of Monad Labs is $3B as of Mar 12, 2024.

When was the latest funding round of Monad Labs?

Monad Labs' latest funding was a Series A round on May 21, 2024, with participation from 1 investor. Its primary sector is Blockchain Infrastructure. In United States, the Blockchain Infrastructure sector has seen $1.02B in funding in 2026 to date.

Is Monad Labs a Blockchain Infrastructure company?

The primary sector of Monad Labs is Blockchain Infrastructure.

Where does Monad Labs rank among its competitors?

Monad Labs ranks 86th amongst 1322 active competitors, of which 286 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Celestia, which secured $100M in Sep, 2024.

Who are the top competitors of Monad Labs?

Monad Labs' top competitors include Mysten Labs, Aptos and Solana. Among them, Celestia secured the most recent funding round in September, 2024.

Monad Labs - 2026 Company Profile, Team, Funding & Competitors

Monad Labs is a series A company based in New York City (United States), founded in 2022 by Keone Hon and Eunice Monad. It operates as a Decentralized, developer forward layer1 smart contract platform. Monad Labs has raised $248M in funding from investors like DRAGONFLY, OKX and Paradigm, with a current valuation of $3B. The company has 1322 active competitors, including 286 funded and 30 that have exited. Its top competitors include companies like Mysten Labs, Aptos and Solana.

Sectors and market segments that Monad Labs operate in

Monad Labs serves in the High Tech, Blockchain Technology market segments.The primary business model of Monad Labs are:

Company Details

Decentralized, developer forward layer1 smart contract platform. It is focused on building a blockchain solution using fundamental engineering principles for performance-oriented architecture and design.

Website: monadlabs.xyz
Email ID: *****@monad.xyz

Key Metrics

Founded Year

2022

Location

New York City, United States

Stage

Series A

Total Funding

$248M in 3 rounds

Latest Funding Round

Series A, May 21, 2024, Undisclosed

Post Money Valuation

$3B as on Mar 12, 2024

Investors

DRAGONFLY & 13 more

Ranked

86^th among 1322 active competitors

Employee Count

67 as on Dec 15, 2025

Similar Companies

Aptos & 1446 more

View Monad Labs' full profile

Monad Labs has raised a total funding of $248M over 3 rounds. Its first funding round was on Jan 29, 2023. Its latest funding round was a Series A round on May 21, 2024 for an undisclosed amount. 1 investor participated in its latest round. Monad Labs has 11 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Monad Labs:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 21, 2024	Undisclosed	Series A	-	-	OKX	-
Mar 12, 2024	$225M	Series A	$3B	-	Paradigm	Electric Capital, Greenoaks, Coinbase
Jan 29, 2023	$22.6M	Seed	-	-	DRAGONFLY	Placeholder, Lemniscap, Shima Capital, Finality Capital, Naval Ravikant, Cobie, Hasu

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View details of Monad Labs's funding rounds and investors

The founders of Monad Labs are Keone Hon and Eunice Monad.

Here are the details of Monad Labs' key team members:

Keone Hon: Co-Founder of Monad Labs and founder of 1 other company.
Eunice Monad: Co-Founder of Monad Labs.

View details of Monad Labs's Founder profiles and Board Members

Monad Labs' employee count trend

Monad Labs has 67 employees as of Dec 25. Here is Monad Labs's employee count trend over the years:

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Top competitors of Monad Labs include Mysten Labs, Aptos and Solana. Here is the list of Top 10 competitors of Monad Labs, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mysten Labs 2021, Palo Alto (United States), Series B	Blockchain platform offering Web3 infrastructure solutions	$336M	Andreessen Horowitz, FTX & 42 others	82/100
2nd	Aptos 2021, Palo Alto (United States), Series D	Provider of protocols for building blockchain-based solutions	$350M	Andreessen Horowitz, FTX & 33 others	79/100
3rd	Solana 2010, San Francisco (United States), Series C	Developer of enterprise infrastructure for issuing assets and digital payments	$374M	500 Global, Andreessen Horowitz & 95 others	79/100
4th	NEAR 2017, Zug (Switzerland), Series D	Public blockchain network platform	$542M	Andreessen Horowitz, Tiger Global Management ... & 91 others	77/100
5th	AVA 2018, Brooklyn (United States), Series B	Blockchain platform for smart contracts and custom subnets	$368M	Andreessen Horowitz, Metastable Materials ... & 22 others	75/100
6th	Ethereum 2013, Toronto (Canada), Series B	Blockchain-based public network for decentralized applications	-	DJ Yakisoba Capital Partners, KR1 & 109 others	70/100
7th	Chain 2014, San Francisco (United States), Acquired	Blockchain solutions empowering businesses to thrive in the Web3 era	$39.5M	Nasdaq, RRE Ventures & 26 others	70/100
8th	DFINITY 2014, Palo Alto (United States), Series C	Blockchain-based public network for building decentralized applications	$164M	Andreessen Horowitz, Polychain & 60 others	68/100
9th	Avalanche 2018, Tortola (United Kingdom), Funding Raised	Provider of smart contracts platform for decentralized application development	-	GAINS Associates, IPC & 44 others	68/100
10th	Celestia 2011, Vaduz (Liechtenstein), Series C	Blockchain-based modular consensus and data network	$204M	Bain Capital Crypto, Syncracy & 48 others	67/100
86th	Monad Labs 2022, New York City (United States), Series A	Decentralized, developer forward layer1 smart contract platform	$248M	Greenoaks, OKX & 12 others	49/100