# Monad funding: rounds and investors

> Monad has raised $17M across 2 rounds since 2021. Investors include Sequoia Capital, Index Ventures and Coinbase Ventures. Every round with its source.

Source: https://millionrounds.com/company/monad (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Monad*

2 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$17M** raised across 2 rounds since 2021, from 2 sources

- **Latest round:** Venture May 2024
- **Biggest round:** $17M Series A · Aug 2021
- **Investors:** 8

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2022 2023 2024

**$17M** Series A

**?** Venture

- **First round:** Series A, $17M
- **Biggest round:** $17M
- **Between rounds:** 2.8 years

## The rounds

- **May 2024** Venture **Amount undisclosed** *6 new* [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Paradigm](https://millionrounds.com/fund/paradigm) [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) [Greenoaks](https://millionrounds.com/fund/greenoaks) [Amber Group](https://millionrounds.com/fund/amber-group) [Makers Fund](https://millionrounds.com/fund/makers-fund) Source recorded SEC filing: $20M sold, first sale Jun 2022
- **Aug 2021** Series A **$17M** *2 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Index Ventures](https://millionrounds.com/fund/index-ventures) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2021 **Venture** 2024 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Paradigm](https://millionrounds.com/fund/paradigm) [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) [Greenoaks](https://millionrounds.com/fund/greenoaks) [Amber Group](https://millionrounds.com/fund/amber-group) [Makers Fund](https://millionrounds.com/fund/makers-fund)

## Everyone who backed them

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round

[Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **1** round

[Coinbase Ventures](https://millionrounds.com/fund/coinbase) Corporate VC **1** round

[Paradigm](https://millionrounds.com/fund/paradigm) VC firm **1** round

[Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) VC firm **1** round

[Greenoaks](https://millionrounds.com/fund/greenoaks) VC firm **1** round

[Amber Group](https://millionrounds.com/fund/amber-group) VC firm **1** round

[Makers Fund](https://millionrounds.com/fund/makers-fund) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=monad).

## Also claim to have backed them

These 16 firms list Monad as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Archetype](https://millionrounds.com/fund/archetype) VC firm Per its own site

[Big Brain Holdings](https://millionrounds.com/fund/big-brain-holdings) VC firm Per its own site

[Electric Capital](https://millionrounds.com/fund/electric-capital) VC firm Per its own site

[SevenX Ventures](https://millionrounds.com/fund/sevenx-ventures) VC firm Per its own site

[Mirana](https://millionrounds.com/fund/mirana) VC firm Per its own site

[Faction](https://millionrounds.com/fund/lightspeed-faction) VC firm Per its own site

[Placeholder](https://millionrounds.com/fund/placeholder) VC firm Per its own site

[IOSG Ventures](https://millionrounds.com/fund/iosg-ventures) VC firm Per its own site

[Pascal Capital](https://millionrounds.com/fund/pascal-capital) Venture studio Per its own site

[Ambush Capital](https://millionrounds.com/fund/ambush-capital) Angel network Per its own site

[Chubby Fish](https://millionrounds.com/fund/chubby-fish) Family office Per its own site

[Edessa Capital](https://millionrounds.com/fund/edessa-capital) VC firm Per its own site

[Figment Capital](https://millionrounds.com/fund/figment-capital) VC firm Per its own site

[Ghaf Capital Partners](https://millionrounds.com/fund/ghaf-capital-partners) Private equity Per its own site

[The Astro Group LLC](https://millionrounds.com/fund/the-astro-group-llc) Investor Per its own site

[Turing Capital](https://millionrounds.com/fund/turing-capital) Investor Per its own site

## Quick answers about Monad

### Who invested in Monad?

Monad's investors include Sequoia Capital, Index Ventures, Coinbase Ventures, Paradigm and Dragonfly Capital Partners, and 3 more on record.

### How much has Monad raised?

Monad has raised $17M across 2 rounds since 2021. One round did not disclose an amount, so the total is a floor.

### When did Monad last raise?

Monad's most recent round was a Venture in May 2024.

### What was Monad's biggest round?

Monad's largest round on record is $17M (Series A), in Aug 2021.

### Who backed Monad first?

Monad's first round on record, in Aug 2021, was backed by Sequoia Capital and Index Ventures.

### What stage is Monad at?

Monad's latest named round is a Venture, in May 2024.

### Where is Monad based?

Monad is based in the United States.

## Companies like Monad

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Binance.US** $300M · Oct 2026](https://millionrounds.com/company/binance-us)[**Fission** $10M · Oct 2026](https://millionrounds.com/company/fission)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

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