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Monos - About the company

Monos is a series B company based in Vancouver (Canada), founded in 2018 by Victor Tam and Daniel Shin. It operates as an Internet first brand offering smart luggage bags. Monos has raised $40M in funding from venn growth partners. The company has 8 active competitors, including 2 funded and 1 that has exited. Its top competitors include companies like Away, Lug and Thesmartbag.

Company Details

Internet first brand offering smart luggage bags. The platform offers products that includes luggage bags, wallets, handbags, slings, duffel, backpacks, and more. It also offers a few apparel. The company claims to offer sustainable products.
Website
monos.com
Social
Facebook
Email ID
*****@monos.com
Registered Address
A. H. Tammsaare tee 47
Key Metrics
Founded Year
2018
Location
Vancouver, Canada
Stage
Series B
Total Funding
$40M in 2 rounds
Latest Funding Round
Ranked
Employee Count
39 as on Jul 01, 2024
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Monos's funding and investors

Monos has raised a total funding of $40M over 2 rounds. Its first funding round was on Jan 18, 2022. Its latest funding round was a Series B round on Sep 21, 2022 for $*****. 3 investors participated in its latest round. Monos has 3 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Monos:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 21, 2022
3045038
Series B
7449605
4975380
9594324
1102936
Jan 18, 2022
2149961
Series A
9786474
9806293
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Monos' founders and board of directors

Founder? Claim Profile
The founders of Monos are Victor Tam and Daniel Shin. Victor Tam is the CEO of Monos.
Here are the details of Monos' key team members:

Monos' employee count trend

Monos has 39 employees as of Jul 24. Here is Monos's employee count trend over the years:
Employee count trend for Monos
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Monos's Competitors and alternates

Top competitors of Monos include Away, Lug and Thesmartbag. Here is the list of Top 10 competitors of Monos, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Away
Away
2015, Austin (United States), Series D
Online retailer of luggage, bags, travel accessories, and related items
$181M
70/100
2nd
Logo for Lug
Lug
2005, Markham (Canada), Unfunded
Online private label of travel bags and accessories
-
-
53/100
3rd
Logo for Monos
Monos
2018, Vancouver (Canada), Series B
Internet first brand offering smart luggage bags
$40M
47/100
4th
Logo for Thesmartbag
Thesmartbag
Montreal (Canada), Unfunded
-
-
-
33/100
5th
Logo for Arkel
Arkel
1988, Sherbrooke (Canada), Acquired
Internet first brand offering backpacks for cyclists
-
-
23/100
6th
Logo for WillLand Outdoors
WillLand Outdoors
2012, Brampton (Canada), Unfunded
Internet first brand offering luggage bags
-
-
16/100
7th
Logo for DiamondHandBag
DiamondHandBag
2021, Vancouver (Canada), Unfunded
Platform offering luxury digital collectible
-
-
16/100
8th
Logo for Warp
Warp
2015, Surrey (Canada), Unfunded
Makers of smart handbags
-
-
16/100
9th
Logo for INRUCA
INRUCA
2020, Ottawa (Canada), Deadpooled
Internet first brand of smart bags
-
-
14/100
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Monos's Investments and acquisitions

Monos has made no investments or acquisitions yet.

News related to Monos

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