# Monavate funding: rounds and investors

> Monavate has raised $22M across 8 rounds since 2021. Every round with its source.

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

United Kingdom · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Monavate*

8 rounds we have observed, with the 0 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.

Financial Services

Raised 5 months ago

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Funding summary Updated 15 Nov 2026

**$22M** raised across 8 rounds since 2021, from 8 sources

**$4.8M** Round **$5.5M** Round **$5.7M** Round

- **Latest round:** Round, $5.7M Jun 2026
- **Investors:** 0

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 2025 2026

**$4.8M** Round

**$1.2M** Round

**$1.3M** Round

**$1.7M** Round

**$1.3M** Round

**$439K** Round

**$5.5M** Round

**$5.7M** Round

- **First round:** Round, $4.8M
- **Biggest round:** $5.7M
- **Usual gap between rounds:** 7 months

## The rounds

- **Jun 2026** Round **$5.7M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Oct 2025** Round **$5.5M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Dec 2024** Round **$439K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Mar 2024** Round **$1.3M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Oct 2023** Round **$1.7M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jun 2023** Round **$1.3M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Dec 2021** Round **$1.2M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jul 2021** Round **$4.8M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Monavate filed 11 raises, $22M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jun 2026 **$1.0M** UK share allotment
- Jun 2026 **$4.7M** UK share allotment
- Dec 2025 **$4.0M** UK share allotment
- Oct 2025 **$1.5M** UK share allotment
- Dec 2024 **$439K** UK share allotment
- Mar 2024 **$1.3M** UK share allotment
- Oct 2023 **$1.1M** UK share allotment
- Oct 2023 **$611K** UK share allotment
- Jun 2023 **$1.3M** UK share allotment
- Dec 2021 **$1.2M** UK share allotment
- Jul 2021 **$4.8M** UK share allotment

## Founders and team

From Monavate's own website: 1 founder, 7 on the team.

**Scott Lucas** Co-Founder & President

- **Michael Rolph** Chief Executive Officer
- **Craig Ramsay** Chief Commercial Officer
- **Elizabeth Agricole-Barnes** Chief Operating Officer
- **Kurt Schröder** Chief Marketing Officer
- **Lee Johnstone** Chief Financial Officer
- **Mat Peck** Chief Technology Officer
- **David Nyamatore** General Counsel

## Quick answers about Monavate

### How much has Monavate raised?

Monavate has raised $22M across 8 rounds since 2021.

### When did Monavate last raise?

Monavate's most recent round, $5.7M, was in Jun 2026.

### What was Monavate's biggest round?

Its most recent round, $5.7M in Jun 2026, is also its largest on record.

### Where is Monavate based?

Monavate is based in the United Kingdom.

## Companies like Monavate

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

[**Griffin** $98M · Nov 2026](https://millionrounds.com/company/griffin)[**Revolut** $1.3B · Oct 2026](https://millionrounds.com/company/revolut)[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**TrueLayer** $376M · Oct 2026](https://millionrounds.com/company/truelayer)[**ELEMENTARYb** $4.2M · Sept 2026](https://millionrounds.com/company/elementaryb)[**Quartz** $3.7M · Sept 2026](https://millionrounds.com/company/quartz)

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