FinTechFunding

Monument: Raises $10.3M in Series A Funding

  • 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
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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