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Shopmonkey

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Shopmonkey
File:Shopmonkey-logo.png
Private
ISIN🆔
Industry
Founded 📆2016 (2016)
Founder 👔Ashot Iskandarian
Headquarters 🏙️,
Area served 🗺️
Worldwide
Members
Number of employees
🌐 Websitehttps://www.shopmonkey.io/
📇 Address
📞 telephone

Shopmonkey is a software as a service provider (SaaS) that services the automotive aftermarket industry. The software is a cloud-based application that features work order templates, inventory management, technician time tracking, automated appointment confirmations and reminders, quote and invoice templates to enable auto repair shop owners with an all-in-one tool to efficiently manage workflow and customer relationships.[1]

History[edit]

Shopmonkey was founded in 2016 by Ashot Iskandarian and is headquartered in San Jose, California.[2] Iskandarian created Shopmonkey to enable auto repair shops in the U.S. to run more efficiently while delivering better service to their customers. In 2019, Shopmonkey received $10 million in Series A funding led by Index Ventures. In 2020, Shopmonkey raised $25 million in Series B funding led by Bessemer Venture Partners.[3] In 2021, Shopmonkey raised $75 million in Series C funding led by Index Ventures and Bessemer Venture Partners.[4] The current board of directors at the company include founder and CEO Ashot Iskandarian, Bryon Deeter, and Nina Achadjian.[5] Since the company was founded, it has grown to service over 2,500 repair shops in the U.S. and Canada.[6]

Investors[edit]

Shopmonkey is funded by 5 investors including Index Ventures, Bessemer Venture Partners, Headline, I2BF Global Ventures, and ICONIQ Growth.

See also[edit]

References[edit]

  1. "Shopmonkey Company Profile: Valuation & Investors | PitchBook". pitchbook.com. Retrieved 2021-09-28.
  2. "Shopmonkey - Headquarter Locations, Competitors, Financials, Employees". www.cbinsights.com. Retrieved 2021-09-28.
  3. Staff, aftermarketNews (2020-08-28). "Shopmonkey Raises $25M Series B To Help Auto Shops". aftermarketNews. Retrieved 2021-09-28.
  4. FinSMEs (2021-07-16). "Shopmonkey Raises $75M in Series C Funding". FinSMEs. Retrieved 2021-09-28.
  5. "Shopmonkey Company Profile: Valuation & Investors | PitchBook". pitchbook.com. Retrieved 2021-09-28.
  6. "Shopmonkey raises $75M Series C to help auto repair shops streamline their business". TechCrunch. Retrieved 2021-09-28.

External links[edit]


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