monad.xyzFinTech / Blockchain softwareFounded: 2022Funding to Date: $244MM
Monad is an Ethereum blockchain development company. The company is focused on enhancing the Ethereum blockchain's throughput and efficiency by developing a Layer-1 smart contract platform compatible with the Ethereum virtual machine (EVM), aiming for high performance with capabilities. The platform is capable of processing more than 10,000 transactions per second. Monad was co-founded by Keone Hon, James Hunsaker, and Eunice Giarta in 2022 and is headquartered in New York, NY.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
04/09/2024 | Series A | $225MM | $xx.xx | $2.87B | Animoca Ventures, Castle Island Ventures, Coinbase Ventures, Electric Capital, Greenoaks, Lightspeed Faction, Paradigm, Wintermute Ventures | |
Price per Share
$xx.xx
Shares Outstanding
884,142
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Animoca Ventures, Castle Island Ventures, Coinbase Ventures, Electric Capital, Greenoaks, Lightspeed Faction, Paradigm, Wintermute Ventures
|
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02/14/2023 | Series A-1 | $1.36MM | $xx.xx | $698.68MM | Dragonfly Capital, Finality Capital, Lemniscap, Naval Ravikant, Placeholder Capital, Shima Capital | |
Price per Share
$xx.xx
Shares Outstanding
139,113
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dragonfly Capital, Finality Capital, Lemniscap, Naval Ravikant, Placeholder Capital, Shima Capital
|
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02/14/2023 | Series A-2 | $202,848.85 | $xx.xx | $698.68MM | Dragonfly Capital, Finality Capital, Lemniscap, Naval Ravikant, Placeholder Capital, Shima Capital | |
Price per Share
$xx.xx
Shares Outstanding
13,843
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dragonfly Capital, Finality Capital, Lemniscap, Naval Ravikant, Placeholder Capital, Shima Capital
|
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02/14/2023 | Series A-3 | $2.66MM | $xx.xx | $698.68MM | Dragonfly Capital, Finality Capital, Lemniscap, Naval Ravikant, Placeholder Capital, Shima Capital | |
Price per Share
$xx.xx
Shares Outstanding
136,131
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dragonfly Capital, Finality Capital, Lemniscap, Naval Ravikant, Placeholder Capital, Shima Capital
|
||||||
02/14/2023 | Series A-4 | $4.63MM | $xx.xx | $698.68MM | Dragonfly Capital, Finality Capital, Lemniscap, Naval Ravikant, Placeholder Capital, Shima Capital | |
Price per Share
$xx.xx
Shares Outstanding
157,820
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dragonfly Capital, Finality Capital, Lemniscap, Naval Ravikant, Placeholder Capital, Shima Capital
|
||||||
02/14/2023 | Series A-5 | $7.32MM | $xx.xx | $698.68MM | Dragonfly Capital, Finality Capital, Lemniscap, Naval Ravikant, Placeholder Capital, Shima Capital | |
Price per Share
$xx.xx
Shares Outstanding
124,961
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dragonfly Capital, Finality Capital, Lemniscap, Naval Ravikant, Placeholder Capital, Shima Capital
|
||||||
02/14/2023 | Series A-6 | $2.83MM | $xx.xx | $698.68MM | Dragonfly Capital, Finality Capital, Lemniscap, Naval Ravikant, Placeholder Capital, Shima Capital | |
Price per Share
$xx.xx
Shares Outstanding
24,129
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dragonfly Capital, Finality Capital, Lemniscap, Naval Ravikant, Placeholder Capital, Shima Capital
|