Monad - About the company
Monad is a seed company based in Chicago (United States), founded in 2022 by Keone Hon, Eunice Giarta and James Hunsaker. It operates as a Platform offers blockchain investments. Monad has raised $19M in funding from Dragonfly Capital, with a current valuation of $*****. The company has 1307 active competitors, including 283 funded and 30 that have exited. Its top competitors include companies like Mysten Labs, Aptos and Solana.
Company Details
- Website
- www.monad.xyz/
- Social
Key Metrics
Founded Year
2022
Location
Chicago, United States
Stage
Seed
Total Funding
$19M in 1 round
Latest Funding Round
Post Money Valuation
$***** as on Apr 01, 2024
Investors
Ranked
14th among 1307 active competitors
Employee Count
69 as on May 31, 2026
Legal entities associated with Monad
Monad is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MONAD LABS, INC. CIN: 6514620 , United States, Active | Jun 16, 2021 | - | - | - |
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Monad's funding and investors
Monad has raised a total funding of $19M over 1 round. Its latest funding round was a Seed round on Feb 14, 2023 for $*****. 8 investors participated in its latest round. Monad has 9 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Monad:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 14, 2023 | 1638245 | Seed | 4091613 | 3281273 | 7567955 | 6588841 |
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Monad's founders and board of directors
Founder? Claim ProfileThe founders of Monad are Keone Hon, Eunice Giarta and James Hunsaker. Keone Hon is the CEO of Monad.
Here are the details of Monad's key team members:
- Keone Hon: Co-Founder & CEO of Monad. They are also an angel investor in 6 startups.Contact Info: 1 email address
- Eunice Giarta: Co-Founder of Monad and founder of 1 other company. Contact Info: 1 email address
- James Hunsaker: Co-Founder of Monad. Contact Info: 1 email address
View details of Monad's Founder profiles and Board Members
Monad's employee count trend
Monad has 69 employees as of May 26. Here is Monad's employee count trend over the years:
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Monad's Competitors and alternates
Top competitors of Monad include Mysten Labs, Aptos and Solana. Here is the list of Top 10 competitors of Monad, ranked by Tracxn score:
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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 | 81/100 | |
2nd | Aptos 2021, Palo Alto (United States), Series D | Provider of protocols for building blockchain-based solutions | $350M | 80/100 | |
3rd |  Solana 2010, San Francisco (United States), Series C | Blockchain-based infrastructure for transactions and counting | $374M | 79/100 | |
4th | NEAR 2017, Zug (Switzerland), Series D | Public blockchain network platform | $542M | 78/100 | |
5th | AVA 2018, Brooklyn (United States), Series B | Blockchain platform for smart contracts and custom subnets | $368M | 75/100 | |
6th | Blockchain-based public network for decentralized applications | - | 71/100 | ||
7th | Chain 2014, San Francisco (United States), Acquired | Blockchain solutions empowering businesses to thrive in the Web3 era | $39.5M | 70/100 | |
8th |  DFINITY 2014, Palo Alto (United States), Series C | Blockchain-based public network for building decentralized applications | $164M | 69/100 | |
9th |  Avalanche 2018, Tortola (United Kingdom), Funding Raised | Provider of smart contracts platform for decentralized application development | - | 68/100 | |
10th |  Celestia 2011, Vaduz (Liechtenstein), Series C | Blockchain-based modular consensus and data network | $204M | 67/100 | |
14th |  Monad 2022, Chicago (United States), Seed | Platform offers blockchain investments | $19M | 65/100 |
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Monad's Investments and acquisitions
Monad has made 3 investments in companies including Donut and Opti Games. Monad has also acquired 1 companies including Portal Labs.Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Nov 04, 2025 | Investments | New York (United States) | ||
Jul 09, 2025 | Acquisition | 2021 | San Francisco (United States) | |
Oct 24, 2024 | Investments | 2023 | Los Angeles (United States) |
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Here is the latest report on Monad's geography:
News related to Monad
Filter this listMedia has covered Monad for a total of 20 events in the last 1 year, 13 of them have been about company updates and 3 about partnerships.
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zerohash Brings High-Performance Stablecoin Payments to Monad NetworkGlobal Fintech Series•Feb 12, 2026•Zero Hash, Monad
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Bitget Launches MONAD On-Chain Earn with 800,000 MON in Trading RewardsGlobeNewswire•Dec 03, 2025•, Monad
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Wallet in Telegram Lists Monad, Enabling Telegram TGE Trading & Expanding MON DistributionThe Daily Hodl•Nov 24, 2025•TON, Monad, Wallet, BingX
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Monad Raises $269M Ahead of Mainnet Launch, Price in FocusCoin Spectator•Nov 23, 2025•Monad, Coinbase
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Tech Mu Digital Secures $1.5M to Onchain Asia InvestmentBitcoin Ethereum News•Nov 20, 2025•CMS Holdings, Signum Capital, UOB, Gauntlet and 6 others
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Monad to Launch ICO on Coinbase: Tokenomics, Price and Pre-Market TradingBlockTempo•Nov 10, 2025•Monad
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Monad Launches Airdrop Portal Before Token Launch, Window Open Until November 3CoinDesk•Oct 14, 2025•Monad
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