Fundraising Fox

Shopmonkey

San Jose, US · Founded 2019 · Delaware corporation · 230 employees on LinkedIn · 7 known investors

Shopmonkey is an all-in-one shop management software designed for auto repair shops of all types, offering workflow management, customer communications, digital estimates and invoicing, payment processing, accounting, and marketing tools. The platform serves independent repair facilities, quick lube shops, fleet operations, and detailing shops across North America.

Founders & leadership

Shopmonkey was founded in 2019 by Ashot Iskandarian.

AI
Ashot IskandarianFounder
TB
Travis BrowninCo-Founder and COO

Investors · 7

Also in the syndicate · 1

I2BF

Funding

SEC filings, press & company announcements

$110M disclosed across 3 of 4 rounds · 2019–2021

$25MraisedAug 2020 · 7 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Ashot IskandarianExecutive Officer, Director
  • Travis BrownExecutive Officer
  • Byron DeeterDirector
  • Nina AchadjianDirector
Offering amount
$25M
Amount sold
$25M
First sale
Aug 2020
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$10MraisedAug 2019 · 4 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Travis BrownExecutive Officer
  • Ashot IskandarianExecutive Officer, Director
Offering amount
$10M
Amount sold
$10M
First sale
Aug 2019
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Shopmonkey went on to found or lead other companies.

Competitors · 5

by search overlap
AutoLeap847 shared keywordsAutoLeap is auto repair shop management software that includes tools for collecting, viewing, and responding to Google reviews, sending automated review requests via email or SMS, and analyzing customer feedback. It serves auto repair shop owners looking to manage operations and grow their online reputation.
Torque360742 shared keywordsTorque360 provides shop management software, a cloud-based POS system, and payment solutions for auto repair and service businesses. The platform integrates with accounting and industry-specific tools to streamline operations and invoicing.
Tekmetric482 shared keywordsTekmetric offers a payment processing and point-of-sale system built into its shop management software for automotive repair shops, supporting card, Apple Pay, Google Pay, and text-to-pay transactions. It includes buy-now-pay-later financing, next-day funding, automated reconciliation, and payment analytics.
Fullbay365 shared keywordsFullbay is cloud-based management software for heavy-duty truck, trailer, and diesel repair shops, covering repair tracking, labor and clock management, parts inventory, invoicing, and electronic payments. It serves shop owners, technicians, service managers, parts managers, and office staff, and integrates with accounting and communication tools.
YourMechanic320 shared keywordsA platform that dispatches mechanics to car owners at their homes or offices to perform repairs and maintenance services across major U.S. metropolitan areas.

Companies competing with Shopmonkey for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Shopmonkey do?
Shopmonkey is an all-in-one shop management software designed for auto repair shops of all types, offering workflow management, customer communications, digital estimates and invoicing, payment processing, accounting, and marketing tools. The platform serves independent repair facilities, quick lube shops, fleet operations, and detailing shops across North America.
Who founded Shopmonkey?
Shopmonkey was founded by Ashot Iskandarian in 2019.
Who are Shopmonkey's investors?
Shopmonkey's investors include Aurum, Bessemer Venture Partners, ICONIQ, Index Ventures, Headline, ICONIQ Growth.
How much funding has Shopmonkey raised?
Shopmonkey has disclosed $110M raised across 3 of its 4 known rounds.
Where is Shopmonkey headquartered?
Shopmonkey is headquartered in San Jose, US.