Shopmonkey - About the company
Shopmonkey is a series C company based in San Francisco (United States), founded in 2016 by Ashot Iskandarian and Travis Brown. It operates as an All-in-one cloud-based shop management software for auto repair businesses. Shopmonkey has raised $110M in funding from Bessemer Venture Partners and Index Ventures. The company has 526 active competitors, including 28 funded and 26 that have exited. Its top competitors include companies like Decisiv, AutoLeap and Rinsed.
Company Details
All-in-one cloud-based shop management software for auto repair businesses. This is a modern solution designed for efficiency and ease of use, helping businesses grow. It offers customizable workflows to manage jobs, estimates, and purchase orders, including VIN lookups and parts ordering. The software provides a degree view of every job, technician, and part, all in one place. Gain insights and boost profitability with visual dashboards and reporting tools. Features include lightning-fast digital invoices via text or email, integration with QuickBooks, and contactless payment options. Enhance customer communication with integrated messaging, digital inspections via a mobile app, and easy appointment scheduling with automated reminders. It is built for various shop types, including auto repair, tire, quick lube, heavy-duty repair, and wrap & detail shops. The platform offers world-class customer support, advanced data migration, and enterprise onboarding.
- Website
- www.shopmonkey.io/
- Email ID
- *****@shopmonkey.io
- Registered Address
- 463 SAFARI DRIVE SAN JOSE CA 95123 United States
Key Metrics
Founded Year
2016
Location
San Francisco, United States
Stage
Series C
Total Funding
$110M in 3 rounds
Latest Funding Round
Investors
Ranked
5th among 526 active competitors
Employee Count
361 as on Apr 30, 2026
Legal entities associated with Shopmonkey
Shopmonkey is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SHOPMONKEY INC. CIN: 814251542 , United States, Active | Sep 28, 2016 | - | 155 (As on Dec 31, 2024) | - |
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Shopmonkey's funding and investors
Shopmonkey has raised a total funding of $110M over 3 rounds. Its first funding round was on Aug 30, 2019. Its latest funding round was a Series C round on Jul 15, 2021 for $*****. 5 investors participated in its latest round. Shopmonkey has 8 institutional investors.
Here is the list of recent funding rounds of Shopmonkey:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 15, 2021 | 8061512 | Series C | 4941490 | 6139368 | 7156725 | 2540918 |
Aug 27, 2020 | 6288736 | Series B | 3122531 | 8604974 | 6119983 | |
Aug 30, 2019 | 9605410 | Series A | 5157800 | 2758790 |
View details of Shopmonkey's funding rounds and investors
Shopmonkey's founders and board of directors
Founder? Claim ProfileThe founders of Shopmonkey are Ashot Iskandarian and Travis Brown. Ashot Iskandarian is the CEO of Shopmonkey.
Here are the details of Shopmonkey's key team members:
- Ashot Iskandarian: Founder & CEO of Shopmonkey. They serve on the board of 1 company.Contact Info: 1 email address
- Travis Brown: Co-Founder and COO of Shopmonkey. They serve on the board of 1 company.
Shopmonkey's Board of Directors
Shopmonkey's board has 4 active members. Ashot Iskandarian, Travis Brown, Nina Achadjian and Byron Deeter are independent board members.Here is the list of Shopmonkey's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 6y 8m | |
krw{ojx | Independent board member | - | Current | 1y 5m |
xycasqt | Independent board member | - | Current | 7y 9m |
ksnjifv | Independent board member | - | Current | 2y 9m |
View details of Shopmonkey's Founder profiles and Board Members
Shopmonkey's employee count trend
Shopmonkey has 361 employees as of Apr 26. Here is Shopmonkey's employee count trend over the years:
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Shopmonkey's Competitors and alternates
Top competitors of Shopmonkey include Decisiv, AutoLeap and Rinsed. Here is the list of Top 10 competitors of Shopmonkey, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Decisiv 2001, Richmond (United States), Series B | Provider cloud-based SRM solution to manage internal/external service and repair events | $63.2M | 63/100 | |
2nd | SaaS-driven workshop management software for auto workshops | $53M | 63/100 | ||
3rd | Rinsed 2019, New York City (United States), Series B | SaaS-driven platform offering customer relationship management solutions for car wash companies | $35M | 61/100 | |
4th | Tekmetric 2015, Houston (United States), Series A | SaaS-driven workshop management system for automotive service centers | $1.14M | 59/100 | |
5th | Shopmonkey 2016, San Francisco (United States), Series C | All-in-one cloud-based shop management software for auto repair businesses | $110M | 57/100 | |
6th | MobileTechRx 2004, Austin (United States), Acquired | SaaS-driven repair estimation & invoicing solution for auto workshops | $4.3M | 57/100 | |
7th | asTech 2010, Plano (United States), Seed | Provider of diagnostic, repair planning, and calibration tools for vehicle systems | - | 57/100 | |
8th | Shop-Ware 2013, San Francisco (United States), Acquired | Cloud-based auto repair shop management software to maximize shop efficiency | $15M | 56/100 | |
9th | Fullbay 2013, Phoenix (United States), Series A | Shop management system for heavy duty workshops | $23M | 55/100 | |
10th | Intouch Insight Technology 1992, Ottawa (Canada), Public | Provider of customer experience management solutions, including audits and surveys | - | - | 53/100 |
Looking for more details on Shopmonkey's competitors? Click here to see the top ones
Shopmonkey's Investments and acquisitions
Shopmonkey has made no investments or acquisitions yet.
News related to Shopmonkey
Media has covered Shopmonkey for 1 event in last 1 year, It was about company updates.
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Shopmonkey chooses affirm to offer flexible and transparent payment options to garagesBusiness Wire•Jun 25, 2025•Shopmonkey, Affirm
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Byrider Selects Shopmonkey as New Technology Partner Across 148+ Locations NationwideGlobeNewswire•Aug 03, 2022•Byrider, Shopmonkey
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Shopmonkey Welcomes Jeff Haynie as Chief Technology OfficerAftermarket News•Jun 07, 2022•Shopmonkey, Pinpoint
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Forbes Ranks Shopmonkey Fourth in America's Best Startup Employers List for 2022Shopmonkey•Apr 21, 2022•Shopmonkey
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Byrider Selects Shopmonkey as New Technology Partner Across 148+ Locations NationwideShopmonkey•Mar 08, 2022•Shopmonkey, Byrider
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Shopmonkey Scores $75 Million Series Csvdaily.com•Jul 16, 2021•Shopmonkey, Bessemer Venture Partners, Index Ventures, Headline and 2 others
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Automotive Training Institute teams up with Shopmonkey to enhance business outcomesAuto Service World•Mar 25, 2021•Shopmonkey, Automotive Training Institute
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