Monetate

Conshohocken, United States · Founded 2008 · $15.2M raised

Employees
51–200
Founded
2008
Business Model
B2B SaaS
Total Funding
$15.2M
Last Round
$15.2M Series CFeb 2013
Rounds
1

About

Monetate was founded in 2008 by David Brussin and David Bookspan in Conshohocken, Pennsylvania. The company provides A/B testing, multivariate testing, and personalization software for online retailers, airlines, insurance companies, and food & beverage brands. Monetate's platform enables companies to segment audiences and deliver individualized experiences across web, email, and mobile channels to drive conversion and revenue. The company raised $43.9M across five funding rounds and grew to over 200 employees before being acquired by Kibo Commerce (owned by Vista Equity Partners) in October 2019. In October 2022, Kibo spun out the personalization business under the relaunched Monetate brand — incorporating both Monetate and Certona products — and sold it to private investment firm Centre Lane Partners. The relaunched Monetate operates as an independent intelligent personalization engine.

Summary

Monetate is an E-Commerce company based in Conshohocken, United States, founded in 2008. It has raised $15.2M in total across 1 round, most recently a $15.2M Series C round in Feb 2013.

Tech & App Stack

13 technologies & apps tracked

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Funding History

Series CSeries CFeb 2013
$15.2M

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