Monograph, a practice operations platform for design professionals, announced a $7.4 million Series A round of funding led by Index Ventures with continued participation from existing investors Homebrew Ventures, Parade Ventures, Designer Fund and several angel investors.
Monograph is an industry-specific platform that empowers AEC professionals to better serve their clients, design great built environments and operate a more collaborative, transparent and profitable business. The investment brings Monograph’s total funding to $9.3 million and will help the company expand its engineering and design teams to continue delivering tools advance the architect’s toolkit and support connected workflows. Nina Achadjian, partner, Index Ventures will join Monograph’s board of directors.
“Some of the world’s largest sectors are increasingly demanding software built specifically for their needs,” Achadjian said. “The AEC industry is no exception. The Monograph team is able to use their firsthand architecture experience to build the best solution for AEC professionals, and we are thrilled to be their partner.”
Founded by three design technologists with backgrounds in architecture — Robert Yuen, Alex Dixon and Moe Amaya — Monograph is intuitively designed for architecture, design, engineering and construction professionals to oversee projects, timesheets and forecasts in one integrated interface. The cloud-based system equips industry leaders with digital tools to manage their firms while transparently collaborating on complex projects with multiple stakeholders. To date, Monograph’s platform has helped manage over $335 million in projects of all scales.
“Design professionals are underserved by existing technology solutions,” said Robert Yuen, co-founder and CEO of Monograph. “The architecture industry is broken, and Monograph is strategically positioned to help fix it. We’re disrupting the status quo by ridding firms of ineffective spreadsheets and tools that treat cost, resource and project management as siloed activities. Our platform is a modern-day solution that syncs a firm’s range of projects and responsibilities holistically so that AEC professionals can provide a great client experience, and most importantly make a profit.”
This Series A financing is also symbolic of Monograph’s large strides made this past year, including the launch of several new features, a rapidly growing roster of customers and overall market momentum. As a continuation of the company’s progressive steps forward, Monograph launched the monograph.com web address.
