When was Monarch founded?

Monarch was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Monarch located?

Monarch is headquartered in Covina, United States.

Who is the current CEO of Monarch?

Val Agostino of Monarch. They have also founded 1 company.

How many employees does Monarch have?

As of Sep 30, 2026, the latest employee count at Monarch is 271.

Is Monarch a funded company?

Monarch is a funded company, having raised a total of $94.8M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 23, 2021.

How much is Monarch worth?

The latest valuation of Monarch is $***** as of May 23, 2025.

When was the latest funding round of Monarch?

Monarch's latest funding was a $***** Series B round on May 23, 2025, with participation from 5 investors.

Where does Monarch rank among its competitors?

Monarch ranks 3rd amongst 309 active competitors, of which 45 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Quicken, which secured an undisclosed amount in Jun, 2026.

Who are the top competitors of Monarch?

Monarch's top competitors include Mint, Expensify and Quicken. Among them, Quicken secured the most recent funding round in June, 2026.

Monarch - 2026 Company Profile, Team, Funding & Competitors

Company Details

Online platform for expense management for couples, advisors, and employers. Users can track their expenses on the platform. It tracks the user's bank accounts and assets to provide information about net wealth. Users can also create and track financial goals and budgets on the platform with custom dashboards. Also provides budget, AI-powered personal finance assistant, and financial coaching. It also offers an app-based platform that is available on Android and iOS platforms.

Website: monarchmoney.com
Social
Email ID: *****@monarchmoney.com
Phone Number: +1 **********

Key Metrics

Founded Year

2018

Location

Covina, United States

Stage

Series B

Total Funding

$94.8M in 3 rounds

Latest Funding Round

Series B, May 23, 2025, $*****

Post Money Valuation

$***** as on May 23, 2025

Investors

Accel & 7 more

Ranked

3^rd among 309 active competitors

Employee Count

271 as on Sep 30, 2026

Similar Companies

Money Forward & 908 more

View Monarch's full profile

Monarch is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
MONARCH MONEY, INC. CIN: 6996009 , United States, Active	Aug 02, 2018	-	-	-
MONARCH BANK CIN: 541896433 , United States, Active	Dec 31, 1999	-	131 (As on Dec 31, 2016)	-
MONARCH CIN: 561326126 , United States, Active	Dec 31, 1999	-	1716 (As on Dec 31, 2024)	-

Monarch has raised a total funding of $94.8M over 3 rounds. Its first funding round was on Jul 23, 2021. Its latest funding round was a Series B round on May 23, 2025 for $*****. 5 investors participated in its latest round. Monarch has 7 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Monarch:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 23, 2025	3599483	Series B	1614888	4506388	1575953	7996526
Jun 14, 2023	9752433	Series A	6088249	3793830	4428538	4034786
Jul 23, 2021	6696471	Seed	1611375	9408760	Accel	SignalFire

Access funding benchmarks and valuations. Sign up today!

View details of Monarch's funding rounds and investors

The founders of Monarch are Val Agostino and Ozzie Osman. Val Agostino is the CEO of Monarch.

Here are the details of Monarch's key team members:

Val Agostino: Co-Founder & CEO of Monarch.
Ozzie Osman: Co-Founder of Monarch.
Contact Info: 1 email address

View details of Monarch's Founder profiles and Board Members

Monarch's employee count trend

Monarch has 271 employees as of Sep 26. Here is Monarch's employee count trend over the years:

Uncover Monarch's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Monarch include Mint, Expensify and Quicken. Here is the list of Top 10 competitors of Monarch, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mint 2006, Mountain View (United States), Acquired	Provider of online personal finance management tools	$78.5M	Pitango, Morgenthaler & 10 others	78/100
2nd	Expensify 2008, San Francisco (United States), Public	Provider of expense management software, corporate cards, and travel booking	$27.8M	Redpoint Ventures, OpenView & 11 others	74/100
3rd	Monarch 2018, Covina (United States), Series B	Online platform for expense management for couples, advisors, and employers	$94.8M	SignalFire, Menlo Ventures & 6 others	73/100
4th	Quicken 1983, Menlo Park (United States), Acquired	Online finance and expense management software	-	American Pacific Group, Edward Jones	65/100
5th	Beem 2006, San Francisco (United States), Seed	Cash advance app for emergencies	$7M	CMFG Ventures, Goodwater Capital & 14 others	63/100
6th	YNAB 2004, Lehi (United States), Unfunded	Developer of personal finance software for tracking and managing budgets	-	-	61/100
7th	Qube Money 2015, Pleasant Grove (United States), Series A	Provider of digital cash envelope banking and budgeting mobile application	$2.05M	-	56/100
8th	SimplyWise 2018, New York City (United States), Series B	Online platform with retirement planning and savings solutions for individuals	$12M	QED Investors, Village Global & 4 others	54/100
9th	Stavtar Solutions 2017, New York City (United States), Series A	Provider of software automating business spend and expense allocation for firms	$60.3M	Elephant Venture Capital, Global Incubation Services ... Read more	54/100
10th	Rocket Money 2015, Silver Spring (United States), Funding Raised	Provider of financial management tools for subscription tracking, budgeting, and bill negotiation	-	ACE & Company, MaC Venture Capital & 2 others	52/100