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Monad
AddedFeb 15, 2024
UpdatedJun 18, 2026
Monad

Monad

Seed

NYC-based Monad Labs builds ultra-high-performance smart contract platforms using advanced tech solutions.

HQ
New York City, NY, US
Founded
2022
Overview
Compare
Fundraising
Employees
Website

Founded in New York City, Monad Labs is a tech startup focused on revolutionizing smart contract platforms through advanced technological solutions. Their core mission is to enhance the efficiency and scalability of decentralized applications by leveraging low-latency programming, compiler optimization, and multithreaded computing. Monad offers a high-performance, developer-forward Layer 1 smart contract platform that utilizes superscalar pipelining for Ethereum transactions, significantly increasing throughput and enabling more complex distributed applications.

Monad Labs has attracted attention from notable investors and industry leaders due to its innovative approach to blockchain technology. The company's key achievements include the development of MonadBFT, which supports a high number of transactions per second, thereby addressing critical scalability issues in the blockchain space. Overall, Monad Labs is making a significant impact by pushing the boundaries of what is possible with smart contracts and decentralized applications, setting new standards for performance and productivity in the industry.

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Monad - Quick Facts

Who are Monad's competitors?

Companies similar to Monad include Polytope Labs, Moonbeam Network, Manifold Technology and NoCode.

When was Monad founded?

Monad was founded in 2022.

Where is Monad's headquarters located?

Monad's headquarters is located in New York City, NY, US.

When was Monad's last funding round?

Monad's most recent funding round was for $19M (USD) in February 2023.

How much has Monad raised to-date?

As of Feb 14, 2023, Monad has raised a total of $19M (USD).

How many employees does Monad have?

Monad has 30 employees as of Feb 4, 2024.

Monad - Classification

Ownership
  • Venture Capital
Technology
  • Blockchain
  • Data
Geographic Exposure
  • Global
Model
  • Platform
Revenue
  • Software
  • Transactional
Customer
  • Enterprise
Main Product
  • Platform
  • Smart Contracts
Tags
  • Blockchain
  • Developers
  • Web3
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7372Prepackaged Software