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 .

How many employees does Monad have?

As of Sep 30, 2026, the latest employee count at Monad is 71.

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.

How much is Monad worth?

The latest valuation of Monad is $***** as of Dec 02, 2025.

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 13th amongst 1373 active competitors, of which 289 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 Mysten Labs, Solana and Aptos. Among them, Aptos secured the most recent funding round in September, 2024.

Monad - 2026 Company Profile, Team, Funding & Competitors

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, $*****

Post Money Valuation

$***** as on Dec 02, 2025

Investors

Dragonfly Capital & 14 more

Ranked

13^th among 1373 active competitors

Employee Count

71 as on Sep 30, 2026

Investment & Acquisitions

Donut & 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 11 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	8427166	Seed	4956427	1371361	4762373	1681493

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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

Monad's employee count trend

Monad has 71 employees as of Sep 26. Here is Monad's employee count trend over the years:

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Top competitors of Monad include Mysten Labs, Solana 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	Mysten Labs 2021, Palo Alto (United States), Series B	Blockchain platform offering Web3 infrastructure solutions	$336M	Andreessen Horowitz, FTX & 42 others	81/100
2nd	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
3rd	Aptos 2021, Palo Alto (United States), Series D	Provider of protocols for building blockchain-based solutions	$350M	Andreessen Horowitz, FTX & 33 others	79/100
4th	NEAR 2017, Zug (Switzerland), Series D	Public blockchain network platform	$542M	Andreessen Horowitz, Accomplice & 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	Ankr 2017, San Francisco (United States), Series C	Provider of blockchain infrastructure node access and decentralized network services	$16M	pinup-online.in, LinkVC & 30 others	73/100
7th	Ethereum 2013, Toronto (Canada), Series B	Blockchain-based public network for decentralized applications	-	DJ Yakisoba Capital Partners, KR1 & 109 others	70/100
8th	Chain 2014, San Francisco (United States), Acquired	Blockchain solutions empowering businesses to thrive in the Web3 era	$39.5M	Visa, Nasdaq & 26 others	70/100
9th	DFINITY 2014, Palo Alto (United States), Series C	Blockchain-based public network for building decentralized applications	$164M	Andreessen Horowitz, Polychain & 61 others	68/100
10th	Avalanche 2018, Tortola (United Kingdom), Funding Raised	Provider of smart contracts platform for decentralized application development	-	GAINS Associates, IPC & 44 others	68/100
13th	Monad 2022, Chicago (United States), Seed	Platform offers blockchain investments	$19M	Paradigm, Placeholder & 13 others	65/100

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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	Donut		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)