Monarch, a personal finance platform dedicated to enhancing financial health for households, has announced the successful close of a $75 million Series B funding round.
The round was co-led by FPV Ventures, with General Partner Wesley Chan, and Forerunner Ventures, represented by Managing Partner Eurie Kim. Returning investors—including Menlo Ventures, Accel, SignalFire, and Clocktower Ventures—also participated in the raise.
Founded six years ago, Monarch provides users with a comprehensive, centralized view of their financial lives. The platform integrates with a wide range of financial institutions, enabling users to track net worth, manage cash flow and budgets, and plan for long-term goals. It also offers collaborative tools tailored for couples and financial advisors, along with personalized financial guidance.
With the new funding, Monarch plans to scale its team and accelerate product development. The company aims to expand its reach across diverse income levels by enhancing its platform’s capabilities and accessibility, reinforcing its mission to promote financial wellness for all households.
