Where is Monite located?

Monite is headquartered in Berlin, Germany.

Who is the current CEO of Monite?

Ivan Maryasin of Monite. They have also founded 1 company.

Which legal entities is Monite associated with?

Monite is associated with Monite GmbH.

How many employees does Monite have?

As of Aug 31, 2026, the latest employee count at Monite is 19.

Is Monite a funded company?

Monite is a funded company, having raised a total of $22.8M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round.

When was the latest funding round of Monite?

Monite's latest funding was a $***** Seed round on Feb 20, 2024, with participation from 5 investors. Its primary sector is Finance & Accounting Tech. In Germany, the Finance & Accounting Tech sector has seen $24M in funding in 2026 to date.

Where does Monite rank among its competitors?

Monite ranks 8th amongst 662 active competitors, of which 47 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Fazeshift, which secured an undisclosed amount in Aug, 2026.

Who are the top competitors of Monite?

Monite's top competitors include Bill, Zuora and Melio. Among them, Fazeshift secured the most recent funding round in August, 2026.

Monite - 2026 Company Profile, Team, Funding, Competitors & Financials

Monite is an acquired company based in Berlin (Germany), founded in 2020 by Andrey Korchak, Alexander Polovnikov and Ivan Maryasin. It operates as a Developer of API platform providing automated invoicing and bill payment solutions. Monite has raised $22.8M in funding from investors like Valar Ventures, Point72 Ventures and Third Prime. The company has 662 active competitors, including 47 funded and 41 that have exited. Its top competitors include companies like Bill, Zuora and Melio.

Company Details

Developer of API platform providing automated invoicing and bill payment solutions. The platform offers accounts receivable and accounts payable functionality, accounting integrations, and payments. It provides application programming interface, software development kit, and iFrame to launch accounts receivable, accounts payable, and expense management. The platform offers resources for B2B growth.

Website: www.monite.com/
Social
Email ID: *****@monite.com
Phone Number: +49 **********

Key Metrics

Founded Year

2020

Location

Berlin, Germany

Stage

Acquired

Total Funding

$22.8M in 5 rounds

Latest Funding Round

Seed, Feb 20, 2024, $*****

Investors

Valar Ventures & 25 more

Ranked

8^th among 662 active competitors

Employee Count

19 as on Aug 31, 2026

Similar Companies

Bill & 763 more

Exit Details

Acquired by OakNorth Bank (Jun 01, 2026)

View Monite's full profile

Monite is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Monite GmbH CIN: HRB221153 , Germany, Active	Sep 15, 2020	-	-

Monite got acquired by OakNorth Bank on Jun 01, 2026.

Click here to take a look at Monite's acquisition in detail

Monite has raised a total funding of $22.8M over 5 rounds. Its latest funding round was a Seed round on Feb 20, 2024 for $*****. 5 investors participated in its latest round. Monite has 14 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of Monite:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 20, 2024	7793338	Seed	3572885	3478729	9506766	6719304
Mar 21, 2023	2067318	Seed	4527139	9231113	5276228	s16vc & 2 more
Feb 22, 2022	2048229	Seed	1053147	1612722	Point72 Ventures	Victor Jacobsson & 5 more

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View details of Monite's funding rounds and investors

The founders of Monite are Andrey Korchak, Alexander Polovnikov and Ivan Maryasin. Ivan Maryasin is the CEO of Monite.

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

Andrey Korchak: Co-Founder & CTO of Monite.
Contact Info: 1 phone number
Alexander Polovnikov: Co-Founder of Monite.
Ivan Maryasin: Co-Founder & CEO of Monite.
Contact Info: 1 email address

View details of Monite's Founder profiles and Board Members

Monite's employee count trend

Monite has 19 employees as of Aug 26. Here is Monite's employee count trend over the years:

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Top competitors of Monite include Bill, Zuora and Melio. Here is the list of Top 10 competitors of Monite, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bill 2006, San Jose (United States), Public	Provider of accounts payable, accounts receivable, and spend management solutions	$326M	August Capital, Icon Ventures & 28 others	81/100
2nd	Zuora 2007, Redwood City (United States), Acquired	Cloud-based invoice and subscription management solutions for businesses	$243M	Northgate Capital, Tenaya Capital & 28 others	77/100
3rd	Melio 2018, New York City (United States), Acquired	Provider of accounts payable and receivable solutions for businesses	$654M	Coatue, Thrive Capital & 26 others	75/100
4th	Paymentus 2004, Atlanta (United States), Public	Provider of a platform for intelligent billing and payment solutions	$23.6M	Accel-KKR, HTIF & 2 others	73/100
5th	HighRadius 2006, Houston (United States), Series C	Provider of AI-powered platform for automating finance processes and improving outcomes	$484M	Susquehanna Growth Equity, Tiger Global Management ... & 9 others	69/100
6th	Fazeshift 2023, San Francisco (United States), Series A	Provider of AI-driven solution automating accounts receivable workflows and cash application	$22M	F-Prime Capital, Gradient Ventures & 10 others	63/100
7th	Viewpost 2011, Maitland (United States), Series C	Online payment solutions for businesses	$129M	Cresset Partners, Western Technology Investment ... & 3 others	62/100
8th	Monite 2020, Berlin (Germany), Acquired	Developer of API platform providing automated invoicing and bill payment solutions	$22.8M	Valar Ventures, Third Prime & 24 others	58/100
9th	SOFTRAX 1999, Boise (United States), Acquired	Cloud-based system automating billing and revenue recognition processes	$16.5M	Allegra Partners, Egan-Managed Capital & 5 others	57/100
10th	Yaydoo 2015, Geneva (Switzerland), Acquired	Payment and business management platform for businesses	$21.5M	Alchemist Accelerator, Monashees & 11 others	57/100