M
Monument
An alcohol addiction treatment platform for those looking to change their relationship with drinking
About Monument
Monument is a digital health startup that operates in the online alcohol treatment market. The company offers a comprehensive, personalized, and affordable solution for individuals seeking to reduce or stop their alcohol consumption. It provides a holistic approach to alcohol treatment, combining therapy, medication, and community support, all delivered online.
Monument's primary clients are individuals who are struggling with alcohol use and are seeking a flexible and affordable treatment option. The company's services are particularly appealing to those who may not have the time or resources to attend traditional in-person rehab programs.
The business model of Monument is based on offering various subscription plans that cater to different budgets and needs. These plans include access to online therapy sessions, medication to aid in reducing alcohol consumption, and 24/7 access to an anonymous online forum for community support. The company also accepts certain insurance plans, which can help offset the cost of treatment for clients.
Monument's revenue is generated through these subscription fees, and potentially from partnerships with insurance companies. The company's digital approach allows it to operate at a lower cost than traditional rehab centers, making its services more accessible to a wider range of clients.
In summary, Monument is a digital health startup offering online, personalized, and affordable alcohol treatment services. Its holistic approach combines therapy, medication, and community support to help individuals reduce or stop their alcohol consumption.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- New York City, United States
- Employees
- 86
- Open positions
- None listed
- Dealroom signal
- 70.6/100
- Industry
- Health, Wellness Beauty
- Sub-industry
- Health Platform
- Sector
- Health Tech & Medtech, Addiction, Hard Tech
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BEquity / VC | Dec 2023 | $0 | — | H/L Ventures | ↗ |
| EARLY VC✓Equity / VC | Feb 2023 | $5.8M | $52M | Undisclosed | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Monument is 37K monthly website visits, up 164.3% over the last three months. Monument's team grew 1.2% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
Collaborative Fund
Alpaca VC
Red Sea Ventures
NextView Ventures
Lerer Hippeau
Data Point Capital
Series A3 investors entered at this stage
- VCVMG Catalyst
- VPVMG Partners
H/L Ventures
Other known investors6 additional known investors
4D Capital
Alumni Ventures
Calm Ventures
Eastward Capital Partners
Kube VC
Social Innovation Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Monument on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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