When was Monad founded?

Monad was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Where is Monad located?

Monad is headquartered in Chicago, United States.

Who is the current CEO of Monad?

Keone Hon of Monad. They have also founded 1 company and are angel investors in 6 startups, including .

Is Monad a funded company?

Monad is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Feb 14, 2023.

When was the latest funding round of Monad?

Monad's latest funding was a $***** Seed round on Feb 14, 2023, with participation from 8 investors.

Where does Monad rank among its competitors?

Monad ranks 43rd amongst 1287 active competitors, of which 280 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Aptos, which secured an undisclosed amount in Sep, 2024.

Who are the top competitors of Monad?

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

Monad - 2026 Company Profile, Team, Funding & Competitors

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. The company has 1287 active competitors, including 280 funded and 27 that have exited. Its top competitors include companies like Solana, NEAR and Aptos.

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

Seed, Feb 14, 2023, $*****

Investors

Dragonfly Capital & 11 more

Ranked

43^rd among 1287 active competitors

Investment & Acquisitions

Donutbrowser.ai & 3 more

Similar Companies

Solana & 1449 more

View Monad's full profile

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	-	-	-

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 8 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	2650617	Seed	3014797	6119923	8620388	5292883

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View details of Monad's funding rounds and investors

The 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

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

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Solana 2010, San Francisco (United States), Series C	Blockchain-based infrastructure for transactions and counting	$374M	Polychain, 500 Global & 93 others	79/100
2nd	NEAR 2017, Zug (Switzerland), Series D	Public blockchain network platform	$542M	Andreessen Horowitz, Tiger Global Management ... & 88 others	78/100
3rd	Aptos 2021, Palo Alto (United States), Series D	Provider of protocols for building blockchain-based solutions	$350M	Jump Crypto, Andreessen Horowitz & 31 others	76/100
4th	Mysten Labs 2021, Palo Alto (United States), Series B	Blockchain platform offering Web3 infrastructure solutions	$336M	Andreessen Horowitz, FTX & 42 others	76/100
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 & 108 others	71/100
7th	DFINITY 2014, Palo Alto (United States), Series C	Blockchain-based public network for building decentralized applications	$164M	Polychain, Andreessen Horowitz & 59 others	69/100
8th	Avalanche 2018, Tortola (United Kingdom), Funding Raised	Provider of smart contracts platform for decentralized application development	-	GAINS Associates, IPC & 39 others	68/100
9th	Concordium 2018, Cham (Switzerland), Series B	Provider of Layer 1 blockchain platform	$15M	ARK36, CVN Ventures & 15 others	67/100
10th	ThunderCore 2017, Sunnyvale (United States), Series B	Decentralized platform for the deployment of dApps	$55.8M	Pantera Capital, SV Angel & 23 others	67/100
43rd	Monad 2022, Chicago (United States), Seed	Platform offers blockchain investments	$19M	Placeholder, Shima Capital & 10 others	63/100

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Monad has made 3 investments in companies including Donutbrowser.ai 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	Donutbrowser.ai	2025	New York (United States)
Jul 09, 2025	Acquisition	Portal Labs	2021	San Francisco (United States)
Oct 24, 2024	Investments	Opti Games	2023	Los Angeles (United States)