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
- 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
Investors
Ranked
3rd among 8 active competitors
Employee Count
39 as on Jul 01, 2024
Legal entities associated with Monos
Monos is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Mono travel OÜ CIN: 16022015 , Estonia, Active | Aug 03, 2020 | - | - |
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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 |
View details of Monos's funding rounds and investors
Monos' founders and board of directors
Founder? Claim ProfileHere are the details of Monos' key team members:
- Victor Tam: Co-Founder & CEO of Monos and founder of 1 other company. Contact Info: 1 email address
- Daniel Shin: Co-founder at Monos.com / COO of Monos.
View details of Monos's Founder profiles and Board Members
Monos' employee count trend
Monos has 39 employees as of Jul 24. Here is Monos's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Away 2015, Austin (United States), Series D | Online retailer of luggage, bags, travel accessories, and related items | $181M | 70/100 | |
2nd | Online private label of travel bags and accessories | - | - | 53/100 | |
3rd | Internet first brand offering smart luggage bags | $40M | 47/100 | ||
4th | ![]() Thesmartbag Montreal (Canada), Unfunded | - | - | - | 33/100 |
5th | Internet first brand offering backpacks for cyclists | - | - | 23/100 | |
6th | WillLand Outdoors 2012, Brampton (Canada), Unfunded | Internet first brand offering luggage bags | - | - | 16/100 |
7th | DiamondHandBag 2021, Vancouver (Canada), Unfunded | Platform offering luxury digital collectible | - | - | 16/100 |
8th | Makers of smart handbags | - | - | 16/100 | |
9th | Internet first brand of smart bags | - | - | 14/100 |
Looking for more details on Monos's competitors? Click here to see the top ones
Monos's Investments and acquisitions
Monos has made no investments or acquisitions yet.
News related to Monos
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Monos just expanded its bestselling Metro collection in time for the holidaysCBS News•Oct 30, 2023•Monos
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Monos Announces Partnership With Magnolia Bakery to Bring a Pop of Flavour to Core CollectionBusiness Wire•Mar 14, 2023•Monos, Magnolia Bakery
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Monos Closes USD$30M Series B FundingFinSMEs•Sep 21, 2022•Monos, Strand Equity Partners, venn growth partners
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