# Monark funding: rounds and investors

> Monark has raised $1.1M across 1 round since 2023. Investors include Archangel Network Of Funds, The51 and UCeed. Every round with its source.

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

Canada · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Monark*

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

E-commerce

Funding summary Updated 26 Oct 2026

**$1.1M** raised across 1 round since 2023, from 1 source

- **Latest round:** Seed, $1.1M Sept 2023
- **Investors:** 3

See who backed them

## The rounds

- **Sept 2023** Seed **$1.1M** [Archangel Network Of Funds](https://millionrounds.com/fund/archangel-network-of-funds-axion-fund) [The51](https://millionrounds.com/fund/the51) [UCeed](https://millionrounds.com/fund/uceed) Source recorded

## Founders and team

From Monark's own website: 2 founders, 7 on the team.

**Michael Kark** Chief Executive Officer and Co-Founder

**Adam Slade-Jacobson** Chief Investment Officer and Co-Founder

- **Sam Mitchell** Chief Financial Officer
- **Dani Peer** Head of Capital
- **Ali Hemmat** Director, Strategy & Operations
- **Ashley Hartman** General Counsel and Company Secretary
- **David Liberman** Non-Executive Director
- **Kate Mullens** Investment Relations Manager
- **Sigrun Klatte** Office Manager & Executive PA

Advisers *Barry Brott* *Matthew Chun* *Peter Hutchins*

## Everyone who backed them

[Archangel Network Of Funds](https://millionrounds.com/fund/archangel-network-of-funds-axion-fund) VC firm **1** round

[The51](https://millionrounds.com/fund/the51) VC firm **1** round

[UCeed](https://millionrounds.com/fund/uceed) Investment firm **1** round

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

## Quick answers about Monark

### Who invested in Monark?

Monark's investors include Archangel Network Of Funds, The51 and UCeed.

### How much has Monark raised?

Monark has raised $1.1M across 1 round since 2023.

### When did Monark last raise?

Monark's most recent round was a Seed of $1.1M in Sept 2023.

### What was Monark's biggest round?

Its most recent round, $1.1M in Sept 2023, is also its largest on record.

### Who backed Monark first?

Monark's first round on record, in Sept 2023, was backed by Archangel Network Of Funds, The51 and UCeed.

### What stage is Monark at?

Monark's latest named round is a Seed, in Sept 2023.

### Where is Monark based?

Monark is based in Canada.

## Companies like Monark

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

[**EMERGE Commerce** $4.2M · Sept 2026](https://millionrounds.com/company/emerge-commerce)[**Helcim** $59M · Aug 2026](https://millionrounds.com/company/helcim)[**PROMINO** $374K · Jun 2026](https://millionrounds.com/company/promino)[**MILLIONS.co** Sept 2025](https://millionrounds.com/company/millions-co)[**Portless** $18M · May 2025](https://millionrounds.com/company/portless)[**EloElo** $13M · Oct 2026](https://millionrounds.com/company/eloelo)

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