Monetate
Monetate is an e-commerce company in Conshohocken, United States, founded in 2008. It has raised $35.3M across 3 rounds, most recently a $15.2M Series C in February 2013.
The Experience Optimization Platform
- Headquarters
- Conshohocken, Pennsylvania
- Employees
- 51–200
- Founded
- 2008
- Business Model
- B2B SaaS
- Website
- monetate.com
- Total Funding
- $35.3M
- Last Round
- $15.2M Series CFeb 2013
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 3 funding rounds and 1 investor for this company. The full record is or through the API.
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
It lists 51–200 employees. It has raised $35.3M in total across 3 rounds, most recently a $15.2M Series C round in Feb 2013. Investors include First Round Capital.
Tech & App Stack
13 technologies & apps tracked
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Funding History
Feb 2013
Sign up to see all 3 events
Funding: Venture Round through Series C. Amounts, valuations, and investors where available.
Investors
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