Monos Closes Oversubscribed Usd$30M Series B Investment Amid Travel Industry Comeback; Luggage Industry Veteran Joins Board
Sep 21, 2022•about 3 years ago
Amount Raised
$30 Million
Round Type
series b
Description
Monos, a travel and sustainability-first lifestyle brand that makes premium quality travel goods uniquely accessible, announced today the closing of a USD$30 million Series B investment led by venn growth partners ("venn") with participation from Strand Equity and Michele Romanow. The Series B funding round, which was oversubscribed with nearly USD$40 million in investor demand, comes after Monos achieved 4x growth in 2021, with a further 4x growth forecast in 2022.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech