United Kingdom · Venture startup

Who invested in Monzo

6 rounds we have observed, with the 17 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 ServicesFintech

Valuation: $5.9B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$394Mraised across 6 rounds since 2017, from 6 sources

$24MRound$93MRound$108MRound$25MRound$143MSeries F
Latest round
VentureOct 2024
Biggest round
$143MSeries F · Jun 2019
Investors
17 (2 led)
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.

20172018201920202021202220232024
$24MRound$93MRound$108MRound$25MRound?Venture
First round
Round, $24M
Feb 2017
Biggest round
$143M
Series F · Jun 2019
Usual gap between rounds
8 months
the median of 5
MonzoBanking1 / 16Their pitch deckMonzo's pitch deck, 16 slidesEach slide read for what it argues, against the decks that raised at the same stage.

The rounds

  1. Oct 2024
    VentureAmount undisclosed1 new5 returning

    Source recorded

  2. Jun 2019
  3. Dec 2018
    Round$25M

    No investor was named in the report.

    Reported by FinSMEs

  4. Oct 2018
    Round$108M5 new1 returning

    Reported by TechCrunch

  5. Nov 2017
    Round$93M5 new
    • Goodwater Capital/ StripeLead
    • Thrive Capital
    • Michael Moritz
    • Orange Digital
    • Passion

    Reported by TechCrunch

  6. Feb 2017

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.

Everyone who backed them

General CatalystVC firm3rounds
Goodwater CapitalVC firm3rounds
Thrive CapitalAccelerator3rounds
StripeCompany3rounds
AccelVC firm2rounds
Thrive CapitalFamily office2rounds
Passion CapitalVC firm2rounds
Y Combinator ContinuityVC firm1round, led 1
Goodwater Capital/ Stripeno record of our own yet1round, led 1
HSGVC firm1round
Orange VenturesCorporate VC1round
Accel/ Passionno record of our own yet1round
Michael Moritzno record of our own yet1round
Orange Digitalno record of our own yet1round
Passionno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 4 firms list Monzo 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.

Iconiq CapitalGrowth equityPer its own site
Alpha Wave GlobalPrivate equityPer its own site
ICONIQ CapitalFamily officePer its own site
Annox CapitalVC firmPer its own site

Quick answers about Monzo

Who invested in Monzo?

Monzo's investors include General Catalyst, Goodwater Capital, Thrive Capital, Stripe and Accel, and 12 more on record.

How much has Monzo raised?

Monzo has raised $394M across 6 rounds since 2017. One round did not disclose an amount, so the total is a floor.

When did Monzo last raise?

Monzo's most recent round was a Venture in Oct 2024.

What was Monzo's biggest round?

Monzo's largest round on record is $143M (Series F), in Jun 2019, led by Y Combinator Continuity.

Who backed Monzo first?

Monzo's first round on record, in Feb 2017, was backed by Thrive Capital, Passion Capital and Orange Digital Ventures.

What stage is Monzo at?

Monzo's latest named round is a Venture, in Oct 2024.

Where is Monzo based?

Monzo is based in the United Kingdom.

Who led Monzo's rounds?

Goodwater Capital/ Stripe led the Undisclosed round in 2017; Y Combinator Continuity led the Series F in 2019.

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