Monarch Secures $75 Million in Series B Funding for Personal Finance App

May 27, 2025 - 09:03

Monarch has successfully raised $75 million in a Series B funding round, marking a significant milestone for the personal finance app. The funding was co-led by Wesley Chan of FPV Ventures and Eurie Kim from Forerunner Ventures, highlighting strong investor confidence in Monarch's vision and growth potential.

In addition to the co-leads, several existing investors participated in this funding round, including notable names such as Menlo Ventures, Accel, SignalFire, and Clocktower Ventures. This influx of capital is expected to bolster Monarch's efforts in enhancing its platform and expanding its reach in the competitive personal finance sector.

The app aims to provide users with comprehensive tools for managing their finances, allowing them to track expenses, set budgets, and achieve their financial goals. With this new funding, Monarch is poised to innovate further and improve the user experience, solidifying its position in the market.