Personal finance app Monarch raises $75 million in a Series B round led by Forerunner Ventures and FPV Ventures to accelerate subscriber growth.
Amount Raised
$75 Million
Round Type
Series B
United StatesInformation TechnologyFinancial ServicesFinanceFintechLendingInvestors
Description
Monarch has raised $75 million to boost its subscriber growth following the closure of Mint, a rival budgeting tool. The funding values the company at $850 million. This Series B round is among the largest for an American consumer fintech startup this year. Monarch provides a mobile app for tracking spending, investments, and financial goals.
Quick answer
Monarch raised $75 Million in a Series B round, dated May 23, 2025. Investors: Forerunner Ventures and FPV Ventures. Monarch is based in United States.
- How much did Monarch raise?
- Monarch raised $75 Million in a Series B round on May 23, 2025.
- Who invested in Monarch?
- Forerunner Ventures and FPV Ventures are named as investors in this round.
- What does Monarch do?
- Monarch is the most comprehensive platform for managing your personal finances.
- Where is Monarch based and how big is it?
- Monarch is based in United States. Fundz records about 89 employees.
- Who are the decision-makers at Monarch?
- Fundz holds 1 contact at Monarch. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Monarch that raised within 45 days of this round, from Fundz verified event records.
- Webull raised an undisclosed amount on July 7, 2025.
- Yaspa raised $12M (Funding Round) on July 2, 2025.
- Digital Asset Acquisition raised $135M (Funding Round) on June 24, 2025.
- Nakamoto raised $52M on June 19, 2025.
- Hyperion Defi, Inc. raised $50M (Post-IPO Equity) on June 18, 2025.
- Salmon Group raised $88M on June 17, 2025.
Who to call at Monarch, and when
A new round usually means Monarch is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Monarch raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Monarch, from your own LinkedIn network
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Funding Insights
What this usually meansMonarch raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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