Monarch Money, Inc.

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Monarch Money, Inc. - overview

Established

2018

Location

Covina, CA, US

Primary Industry

Financial Services

About

Founded in 2018 and based in California, US, Monarch Money, Inc. , formerly known as Monarch Money Club, Inc. operates as a money management platform. In May 2025, Monarch Money, Inc.


raised USD 75 million in series B funding co-led by new investors Forerunner Ventures and FPV Ventures, with participation from returning investors SignalFire, Menlo Ventures, Accel, and Clocktower Ventures. Monarch Money, Inc. provides a subscription-based platform that allows consumers to manage and track their finances. The firm's platform also features long-term financial planning and tracking of investment portfolio allocation.


The firm's platform also provides a mortgage calculator that enables consumers to compute for their preferred possible amortization schedule. Monarch Money, Inc. generates revenue by providing subscription plans which start at USD 9. 99 per month or USD 89.


99 per year. The company will use the May 2025 funding to accelerate subscriber growth.


Current Investors

Accel, SignalFire, Menlo Ventures

Primary Industry

Financial Services

Sub Industries

e-Financial, Analytics & Performance Software, Accounting/Finance Software

Website

www.monarchmoney.com

Verticals

Cloud Computing, FinTech, Mobile Apps

Company Stage

Series B

Total Amount Raised

Subscriber access only

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