When was Monnai founded?

Monnai was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Monnai located?

Monnai is headquartered in San Francisco, United States.

How many employees does Monnai have?

As of Aug 31, 2026, the latest employee count at Monnai is 34.

Is Monnai a funded company?

Monnai is a funded company, having raised a total of $23M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2021.

When was the latest funding round of Monnai?

Monnai's latest funding was a $***** Series B round on Jan 15, 2026, with participation from 3 investors. Its primary sector is RegTech. In United States, the RegTech sector has seen $699M in funding in 2026 to date.

Where does Monnai rank among its competitors?

Monnai ranks 34th amongst 390 active competitors, of which 87 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Socure, which secured an undisclosed amount in Aug, 2026.

Who are the top competitors of Monnai?

Monnai's top competitors include Fiserv, Jumio and Alkami. Among them, Socure secured the most recent funding round in August, 2026.

Monnai - 2026 Company Profile, Team, Funding & Competitors

Company Details

Online platform offering API-enabled banking suite for banks and fintech companies. It offers solutions related to KYC onboarding, compliance, data match and identity verification, credit analysis and decision, fraud risk solution, collection and recovery solutions, and more.

Website: www.monnai.com/
Email ID: *****@monnai.com

Key Metrics

Founded Year

2021

Location

San Francisco, United States

Stage

Series B

Total Funding

$23M in 4 rounds

Latest Funding Round

Series B, Jan 15, 2026, $*****

Investors

Tiger Global Management & 9 more

Ranked

34^th among 390 active competitors

Employee Count

34 as on Aug 31, 2026

Similar Companies

Fiserv & 1236 more

View Monnai's full profile

Monnai is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MONNAI INC CIN: 87-2527421 , United States, Active	Oct 11, 2021	-	3 (As on Dec 31, 2023)	-
MONNAI TECHNOLOGY INDIA PRIVATE LIMITED CIN: U72900GJ2021FTC128057 , India, Active	Dec 17, 2021	₹10 - ₹50 Cr (As on Mar 31, 2026)	-

Monnai has raised a total funding of $23M over 4 rounds. Its first funding round was on 2021. Its latest funding round was a Series B round on Jan 15, 2026 for $*****. 3 investors participated in its latest round. Monnai has 10 institutional investors.

Here is the list of recent funding rounds of Monnai:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 15, 2026	3222262	Series B	4805467	3820400	4125143	2155452
Mar 09, 2023	8826962	Series A	6374689	7418388	7385580	EMVC & 2 more
Jul 15, 2022	8105829	Seed	2364804	5171993	Better Tomorrow Ventures	Commerce Ventures & 4 more

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View details of Monnai's funding rounds and investors

The founders of Monnai is Ravish Patel.

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

Ravish Patel: Co-Founder & Chief Product Officer of Monnai.
Contact Info: 1 email address

View details of Monnai's Founder profiles and Board Members

Monnai's employee count trend

Monnai has 34 employees as of Aug 26. Here is Monnai's employee count trend over the years:

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Top competitors of Monnai include Fiserv, Jumio and Alkami. Here is the list of Top 10 competitors of Monnai, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fiserv 1984, Milwaukee (United States), Public	Provider of technology and services to the financial services industry	-	ValueAct Capital, Draper Esprit & 4 others	79/100
2nd	Jumio 2010, Sunnyvale (United States), Acquired	Provider of AI-powered identity verification solutions	$201M	Millennium Technology Value Partners, Great Hill Partners ... & 10 others	74/100
3rd	Alkami 2009, Plano (United States), Public	Platform offering digital banking software suite for banks and credit unions	$408M	General Atlantic, MissionOG & 12 others	72/100
4th	FintechOS 2017, London (United Kingdom), Series B	Provider of AI-based software suite for the banking and insurance industry	$146M	Gapminder, Cipio Partners & 12 others	68/100
5th	Jack Henry 1976, Monett (United States), Public	Provider of technology solutions and services for financial institutions and businesses	-	ClearBridge, Spectrum Equity	68/100
6th	Aurionpro 1997, Mumbai (India), Public	Provider of loan and cash management solutions for banks and financial institutions	-	Goldman Sachs, Malabar Investments & 4 others	68/100
7th	Synctera 2019, San Francisco (United States), Series A	Provider of a platform for building and managing financial products	$95.2M	Lightspeed Venture Partners, Fin Capital ... & 32 others	67/100
8th	WorkFusion 2010, New York City (United States), Acquired	Provider of robotic process automation and chatbot solutions to automate work processes	$411M	Georgian, Inovia Capital & 23 others	67/100
9th	Socure 2012, New York City (United States), Series E	Provider of AI based platform offering identity verification	$650M	ff Venture Capital, Accel & 45 others	66/100
10th	ION Group 1998, London (United Kingdom), Late Stage	Treasury management solutions for financial institutions and banks	$400M	The Carlyle Group, TA Associates & 3 others	66/100
34th	Monnai 2021, San Francisco (United States), Series B	Online platform offering API-enabled banking suite for banks and fintech companies	$23M	Ginko Ventures, Tiger Global Management & 8 others	56/100