Tech Company Financing Transactions
Monark Funding Round
Monark, based in Surrey BC, scored $1.5 million in investment from Storytime Capital, Archangels and The 51 Ventures.
Transaction Overview
Company Name
Announced On
9/20/2023
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate marketing efforts and product development, including AI/ML integrations and gamification features, as well as expansion into the US market.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Ocean Pointe, Suite 205 1688 152nd Street
Surrey BC, V4A 4N2
CA
Surrey BC, V4A 4N2
CA
Phone
Website
Email Address
Overview
Combining foresight and acumen is how opportunities are best identified in business. Monark and its direction is based on this belief. The inroads made into different businesses, ventures, and development interests attest to our success with it, as well as the ability of the team assembled by our leadership group. We are excited to continue to grow, along with seeing what the future presents for us.
Management Team
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