Monetate - About the company
Monetate is an acquired company based in Philadelphia (United States), founded in 2008 by David Bookspan and David Brussin. It operates as a Platform offering end to end personalized solution for businesses. Monetate has raised $43.9M in funding from investors like First Round Capital, OpenView and Floodgate. The company has 1082 active competitors, including 230 funded and 144 that have exited. Its top competitors include companies like Klaviyo, Riskified and Rokt Technologies.
Company Details
Platform offering end to end personalized solutions for businesses. Using the monetate dashboard, users can target their consumers based on various factors like their geographic location, weather, etc. It offers A B testing, AI technology driven personalization, and more. It also offers patented technology that helps customers with impactful individualized experiences, resulting in increased engagement, conversions, and lifetime value.
- Website
- monetate.com
- Social
- Registered Address
- Conshohocken, Pennsylvania
Key Metrics
Founded Year
2008
Location
Philadelphia, United States
Stage
Acquired
Total Funding
$43.9M in 5 rounds
Latest Funding Round
Investors
Ranked
11th among 1082 active competitors
Employee Count
114 as on Mar 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Kibo (Oct 10, 2019)
Legal entities associated with Monetate
Monetate is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MONETATE, INC. CIN: 261801822 , United States, Active | Dec 26, 999 | - | 91 (As on Dec 31, 2024) | - |
Monetate's acquisition details
Monetate got acquired by Kibo on Oct 10, 2019.
Click here to take a look at Monetate's acquisition in detail
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Monetate's funding and investors
Monetate has raised a total funding of $43.9M over 5 rounds. Its first funding round was on Jun 2008. Its latest funding round was a Series C round on Dec 05, 2013 for $*****. 3 investors participated in its latest round. Monetate has 12 institutional investors.
Here is the list of recent funding rounds of Monetate:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 05, 2013 | 5844972 | Series C | 8970813 | 4330877 | 5416920 | 3282778 |
Feb 26, 2013 | 5222045 | Series C | 7920167 | 1369655 | 6975679 | 6360319 |
Aug 04, 2011 | 9856542 | Series B | 1493804 | 3451697 | 2319223 |
Access funding benchmarks and valuations. Sign up today!View details of Monetate's funding rounds and investors
Monetate's founders and board of directors
Founder? Claim ProfileHere are the details of Monetate's key team members:
- David Bookspan: Former Co-Founder of Monetate. They serve on the board of 1 company.
- David Brussin: Founder & Executive Chairman of Monetate. They serve on the board of 1 company.
- Steve Maher: CEO of Monetate. Contact Info: 1 email address
Monetate's Board of Directors
Monetate's board has 11 active members. Adam Marcus, David Bookspan, David Brussin, Lucinda Duncalfe, Joshua Kopelman, Lucinda Duncalfe, Timothy Maudlin, Scott Samios, Samuel Decker, Kopelman Josh and Blair Lyon are independent board members.Here is the list of Monetate's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 14y 9m | |
gpgjtpx | Independent board member | - | Current | 2y 1m |
kr{pylu | Independent board member | - | Current | 6y 3m |
wmuagfr | Independent board member | - | Current | 7y 6m |
z{bqpny | Independent board member | - | Current | 1y 6m |
bffjrjj | Independent board member | - | Current | 3y 4m |
xzffaft | Independent board member | - | Current | 7y 2m |
aynyzvx | Independent board member | - | Current | 9y 3m |
praxlpq | Independent board member | - | Current | 3y 7m |
lntnepg | Independent board member | - | Current | 5y 2m |
qzpuqqy | Independent board member | - | Current | 3y 3m |
View details of Monetate's Founder profiles and Board Members
Monetate's employee count trend
Monetate has 114 employees as of Mar 26. Here is Monetate's employee count trend over the years:
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Monetate's Competitors and alternates
Top competitors of Monetate include Klaviyo, Riskified and Rokt Technologies. Here is the list of Top 10 competitors of Monetate, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Klaviyo 2012, Boston (United States), Public | SaaS-based e-mail marketing software solutions for e-commerce businesses | $778M | 81/100 | |
2nd |  Riskified 2013, New York City (United States), Public | AI-based payment fraud prevention solutions for e-commerce solution | $232M | 74/100 | |
3rd | Rokt Technologies 2012, United States, Series E | Personalized marketing tools for e-commerce businesses | $488M | 73/100 | |
4th | CommerceIQ 2012, Mountain View (United States), Series D | Provider of unified AI platform for retail ecommerce sales and optimization | $196M | 71/100 | |
5th | Signifyd 2011, Palo Alto (United States), Series E | Provider of fraud prevention and payment validation for online retailers | $394M | 70/100 | |
6th |  AB Tasty 2009, New York City (United States), Acquired | AB Testing based content optimization solution | $64M | 69/100 | |
7th |  Bango 1999, Cambridge (United Kingdom), Public | Provider of marketing solutions for e-commerce businesses | - | 68/100 | |
8th |  Emotive 2018, Los Angeles (United States), Acquired | SMS marketing solution provider | $73.9M | 68/100 | |
9th |  Postscript 2018, Scottsdale (United States), Series C | Enterprise SMS and MMS platform for e-commerce | $117M | 68/100 | |
10th |  Nitro Commerce 2023, Gurugram (India), Series A | Developer of software tools for managing online commerce business operations | $6.91M | 68/100 | |
11th | Monetate 2008, Philadelphia (United States), Acquired | Platform offering end to end personalized solution for businesses | $43.9M | 66/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Monetate's competitors? Click here to see the top ones
Monetate's Investments and acquisitions
Monetate has acquired SiteSpect. Monetate has not made any investments as of now.Reports related to Monetate
Here is the latest report on Monetate's sector:
News related to Monetate
Filter this listMedia has covered Monetate for a total of 4 events in the last 1 year, 1 of them has been about people movement.
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Nahved Rehman moves from Next to Monetate as VP, Strategy ConsultingRetail Technology Innovation Hub•Jan 07, 2026•Next, Monetate
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Monetate Acquires SiteSpect to Deliver Native AI-Powered Personalization and Testing at Enterprise ScaleThe Joplin Globe•Jul 01, 2025•Monetate, SiteSpect
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Monetate acquires Respect sites to offer personalization and native tests of APOSBusiness Wire•Jul 01, 2025•Monetate, Visual Website Optimizer
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Monetate Unveils Next Chapter in AI-Powered Commerce with Launch of Orchid AIBusiness Wire•Mar 24, 2025•Monetate
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Monetate Analytics Cloud Now Empowers Enterprises to Unlock Deeper Insights from Experience DataMarTech Series•Mar 14, 2025•Monetate
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Monetate Appoints Steve Maher as CEO to Accelerate AI-Driven Innovation and Global ExpansionMarTech Series•Feb 14, 2025•Monetate
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