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. Its primary sector is Blockchain Infrastructure. In United States, the Blockchain Infrastructure sector has seen $575M in funding in 2026 to date.

Where does Monad rank among its competitors?

Monad ranks 20th amongst 1297 active competitors, of which 282 are funded. It stands 8th 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?

Monad's top competitors include Mysten Labs, Aptos and Solana. Among them, Celestia 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 1297 active competitors, including 282 funded and 28 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

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

Investors

Dragonfly Capital & 11 more

Ranked

20^th among 1297 active competitors

Investment & Acquisitions

Donutbrowser.ai & 3 more

Similar Companies

Aptos & 1446 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	1777099	Seed	6303866	8212260	3887041	4666586

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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 Mysten Labs, Aptos and Solana. 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	Mysten Labs 2021, Palo Alto (United States), Series B	Blockchain platform offering Web3 infrastructure solutions	$336M	FTX, Andreessen Horowitz & 42 others	81/100
2nd	Aptos 2021, Palo Alto (United States), Series D	Provider of protocols for building blockchain-based solutions	$350M	Jump Crypto, FTX & 31 others	80/100
3rd	Solana 2010, San Francisco (United States), Series C	Blockchain-based infrastructure for transactions and counting	$374M	Polychain, Andreessen Horowitz & 93 others	79/100
4th	NEAR 2017, Zug (Switzerland), Series D	Public blockchain network platform	$542M	Andreessen Horowitz, Tiger Global Management ... & 88 others	78/100
5th	AVA 2018, Brooklyn (United States), Series B	Blockchain platform for smart contracts and custom subnets	$368M	Andreessen Horowitz, R8 Capital & 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, Kernel Ventures & 40 others	68/100
9th	Concordium 2018, Cham (Switzerland), Series B	Provider of Layer 1 blockchain platform	$15M	ARK36, Lotus Venturesis & 15 others	67/100
10th	Celestia 2011, Vaduz (Liechtenstein), Series C	Blockchain-based modular consensus and data network	$204M	Bain Capital Crypto, Syncracy & 45 others	67/100
20th	Monad 2022, Chicago (United States), Seed	Platform offers blockchain investments	$19M	Placeholder, Smrti lab & 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)