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Monument: Raises $10.3M in Series A Funding

January 7, 2021

Monument Inc., an NYC-based brand in consumerized healthcare for alcohol use disorder, closed a $10.3m (USD) Series A funding
The round, which brings its total capital raised to $17.8m, was led by VMG Catalyst
The company also intends to use the funds to expand product initiatives
Launched in 2020 by Mike Russell, CEO, Monument is an online platform for those looking to change their relationship with alcohol
It also connects members to a free anonymous community, therapist-moderated groups, and a collection of resources to provide the support and information they deserve
Since launching in May, the company has already connected 12,000+ members in a powerful digital community