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Back to Reports
Crypto

Monad

Monad raises $225M Series A at $3B valuation

New York, NYNovember 10, 20241 min read
Total Raised
$225M
Valuation
$3B
Latest Round
Series A
Employees
50+

Monad: Series A Funding Round

Monad has successfully raised $225M in Series A funding, reaching a valuation of $3B.

Company Overview

High-performance layer 1 blockchain with EVM compatibility

Funding Details

The Series A round was led by Paradigm, with participation from Electric Capital.

Company Information

  • Headquarters: New York, NY
  • Founded: 2023
  • Employees: 50+
  • Category: Crypto

Investment

Monad plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Paradigm: Verified investor in Series A
  • Electric Capital: Verified investor in Series A

Company Info

Headquarters
New York, NY
Founded
2023
Team Size
50+
Last Round
$225M(Nov 2024)

Investors (2)

P
ParadigmLead
Lead Investor
Verified investor in Series A
E
Electric Capital
Investor
Verified investor in Series A

Topics

verified(3079)real-funding(3079)monadcryptoseries-anew-york

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