Tech Company Financing Transactions
Shopmonkey Funding Round
On 7/16/2021, Shopmonkey secured $75 million in Series C investment from Bessemer Venture Partners, Index Ventures and Headline.
Transaction Overview
Company Name
Announced On
7/16/2021
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Series C
Investors
Bessemer Venture Partners (Lead Investor) (Byron Deeter)
Index Ventures (Lead Investor) (Nina Achadjian)
Proceeds Purpose
The financing will be used to grow Shopmonkey's product, sales and marketing teams, and further fuel development of its platform.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
6455 Almaden Expy.
San Jose, CA 95120
USA
San Jose, CA 95120
USA
Phone
Website
Email Address
Overview
Shopmonkey, the leading auto repair shop software automation company, was founded in 2016 by Ashot Iskandarian out of a combined passion for cars and software development. Shopmonkey provides a software and payments solution for repair, detail and quick lube shops, enabling them to streamline the management of their entire business.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ashot Iskandarian
Chief Operating Officer
Travis Brown
VP - Engineering
Yurii Khmelevskii
VP - Engineering
William Symons
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