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§ Private Profile · Covina, CA, USA
Monarch Money is a technology company.
Monarch simplifies finances by bringing all your accounts together into one clear view. Always know where your money is and where it's going, achieve your goals quicker, and collaborate with your partner or professional at no extra cost.
Monarch Money has raised $95.0M across 3 funding rounds.
Monarch Money has raised $95.0M in total across 3 funding rounds.
Monarch Money has raised $95.0M across 3 funding rounds. Most recently, it raised $75.0M Series B in May 2025.
Monarch Money is a subscription-based personal finance app that aggregates users' financial accounts into a unified dashboard for budgeting, spending tracking, investment monitoring, net worth calculation, and goal-setting.[1][2][3][4] It serves individuals, couples, and financial advisors seeking a clear, ad-free view of their finances, solving the problem of fragmented money management across banks, credit cards, loans, investments, and even home values.[1][2][4] Following Intuit's Mint shutdown in 2024, Monarch's user base expanded 20-fold, leading to a $75 million funding round in 2025 at an $850 million valuation, led by Forerunner Ventures and FPV Ventures, signaling robust growth in consumer FinTech.[1]
Monarch Money was founded in 2018 in California by Val Agostino (CEO), Jon Sutherland (Head of Design), and Ozzie Osman (Head of Engineering), with Agostino drawing from his experience building Mint in its early days.[1][4][5] The idea emerged from the founders' recognition that managing finances across multiple accounts feels overwhelming, prompting a tool for simplified tracking, automatic categorization, flexible budgeting, and collaboration with partners or advisors.[4] Early traction accelerated dramatically after Mint's 2024 closure, as users sought a reliable, subscription-driven alternative free from ad revenue dependencies, propelling Monarch's subscriber growth.[1]
Monarch rides the post-Mint vacuum in personal finance apps, capitalizing on consumer demand for privacy-focused, unified platforms amid rising financial complexity from multi-account lifestyles.[1][2] Timing aligns with 2024-2025 FinTech shifts toward subscription models and away from ad-driven services, bolstered by market forces like Intuit's Mint shutdown that funneled millions of users to alternatives.[1] It influences the ecosystem by proving scalable consumer FinTech viability—evidenced by its $850M valuation—while inspiring banks and FinTechs to prioritize user-centric aggregation over fragmented tools.[1][3]
Monarch Money is poised to dominate personal finance aggregation as AI-driven insights and real-time treasury tools evolve, potentially expanding into advisor-led planning or international markets.[1][2][4] Trends like tokenised deposits and embedded finance will amplify its unified platform edge, with influence growing through partnerships and further funding to challenge incumbents.[1] As the go-to Mint successor, Monarch's trajectory ties back to its core promise: simplifying money to empower life-changing financial control.[4]
Monarch Money has raised $95.0M in total across 3 funding rounds.
Monarch Money's investors include Eurie Kim, Wesley Chan, 2xN, Accel, Andreessen Horowitz, Bessemer Venture Partners, C2 Investment, Cedar Capital Group, Coatue, Craft Ventures, Felicis Ventures, FirstMark Capital.