Fundz

Monte Carlo Raises Series C, Brings Funding To $101M To Help Companies Trust Their Data

PRIVATEAug 17, 2021

Round Type

Series C

San FranciscoSoftwareCommunity And LifestyleEventsinformation technology & services

Description

Monte Carlo, the data reliability company, today announced that they have raised $60M in Series C funding from ICONIQ Growth with participation from Salesforce Ventures and existing investors Accel, GGV Capital, and Redpoint Ventures – bringing their total funding to $101M. With this round, Monte Carlo will fuel the growth of the Data Observability category, further develop its product offerings for our customers, support more use cases, and expand to new markets.

Quick answer

Monte Carlo raised an undisclosed amount in a Series C round, dated August 17, 2021. Monte Carlo is based in San Francisco, California, United States.

How much did Monte Carlo raise?
Monte Carlo raised an undisclosed amount in a Series C round on August 17, 2021.
What does Monte Carlo do?
Monte Carlo, the AI-first data observability company, solves the costly problem of broken data through their fully automated, SOC-2 certified data observability platform.
Where is Monte Carlo based and how big is it?
Monte Carlo is based in San Francisco, California, United States. Fundz records about 550 employees.
Who are the decision-makers at Monte Carlo?
Fundz holds 5 contacts at Monte Carlo, including the Co-Founder & CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Community And Lifestyle and Events around the same time

Companies in the same sectors as Monte Carlo that raised within 45 days of this round, from Fundz verified event records.

  • MoEngage raised $33M (Funding Round) on July 31, 2021.
  • AlphaSense raised $180M (Series C) on September 30, 2021.
  • Planet Labs raised $52M on September 28, 2021.
  • Pryon raised $12M on September 28, 2021.
  • EdSights raised $6.7M on September 28, 2021.
  • WellCare of North Carolina raised an undisclosed amount (Funding Round) on September 27, 2021.

Who to call at Monte Carlo, and when

A new round usually means Monte Carlo is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Monte Carlo, from your own LinkedIn network

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Company Information

Company

Monte Carlo

Location

548 Market Street

San Francisco, California, United States

About

Monte Carlo, the AI-first data observability company, solves the costly problem of broken data through their fully automated, SOC-2 certified data observability platform. Billed by Forbes as the New Relic for data teams and backed by Accel, Redpoint Ventures, GGV Capital, ICONIQ Growth, and IVP, Monte Carlo empowers companies to trust their data.

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Fundz sees it the moment Monte Carlo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

5 contacts
Verified contactsBarr, Co-Founder & CEO hidden hiddenSee plans and pricing
Predictive Intelligence
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Monte Carlo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.