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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.
Social
Facebook
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
Ranked
Employee Count
361 as on Apr 30, 2026
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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
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Shopmonkey's founders and board of directors

Founder? Claim Profile
The 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:

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

Shopmonkey's employee count trend

Shopmonkey has 361 employees as of Apr 26. Here is Shopmonkey's employee count trend over the years:
Employee count trend for Shopmonkey
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Decisiv
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
Logo for AutoLeap
AutoLeap
2019, Toronto (Canada), Series B
SaaS-driven workshop management software for auto workshops
$53M
63/100
3rd
Logo for Rinsed
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
Logo for Tekmetric
Tekmetric
2015, Houston (United States), Series A
SaaS-driven workshop management system for automotive service centers
$1.14M
59/100
5th
Logo for Shopmonkey
Shopmonkey
2016, San Francisco (United States), Series C
All-in-one cloud-based shop management software for auto repair businesses
$110M
57/100
6th
Logo for MobileTechRx
MobileTechRx
2004, Austin (United States), Acquired
SaaS-driven repair estimation & invoicing solution for auto workshops
$4.3M
57/100
7th
Logo for asTech
asTech
2010, Plano (United States), Seed
Provider of diagnostic, repair planning, and calibration tools for vehicle systems
-
57/100
8th
Logo for Shop-Ware
Shop-Ware
2013, San Francisco (United States), Acquired
Cloud-based auto repair shop management software to maximize shop efficiency
$15M
56/100
9th
Logo for Fullbay
Fullbay
2013, Phoenix (United States), Series A
Shop management system for heavy duty workshops
$23M
55/100
10th
Logo for Intouch Insight Technology
Intouch Insight Technology
1992, Ottawa (Canada), Public
Provider of customer experience management solutions, including audits and surveys
-
-
53/100
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Shopmonkey's Investments and acquisitions

Shopmonkey has made no investments or acquisitions yet.

News related to Shopmonkey

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Media has covered Shopmonkey for 1 event in last 1 year, It was about company updates.
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