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Monograph Secures $20 Million to Build Practice Operations

Architecture software provider Monograph announced a $20 million Series B funding round led by Tiger Global to develop its practice operations platform.

Monograph Secures $20 Million to Build Practice Operations
Image: Monograph

Architecture software company Monograph announced a $20 million Series B funding round led by Tiger Global to advance its practice operations platform. The new capital will accelerate the development of workflows for design firms.

Series B Funding Details

Monograph announced a $20 million Series B funding round led by Tiger Global. Co-founder Robert Yuen stated that the investment also included participation from partners at Index Ventures, Homebrew, Designer Fund, Parade Ventures, and Tishman Speyer.

The company stated that the new funding will help accelerate development on workflows aimed at enabling architects to handle operations with greater efficiency.

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Software for Architecture Firms

Founded by Moe, Alex, and Robert Yuen, Monograph was built to provide visibility into the financial performance of architecture and design projects. Yuen noted that firm owners historically relied on disconnected Excel spreadsheets or clunky legacy software.

The platform unifies timesheets, schedules, and budgets to provide real-time data to project teams. Features such as the MoneyGantt are designed to give project managers immediate insight into financial health without waiting for traditional end-of-month bookkeeping reports.

Key facts and where they come from
  • Monograph secured a $20 million Series B funding round led by Tiger Global.
    Today we announced our Series B: a $20M round of funding led by Tiger Global
  • The funding round included participation from Index Ventures, Homebrew, Designer Fund, Parade Ventures, and Tishman Speyer.
    with participation from our partners at Index Ventures, Homebrew, Designer Fund, Parade Ventures, and Tishman Speyer.
  • The platform is designed to unify timesheet, employee, schedule, and budget data for architecture firms.
    By unifying all of this data into the easiest-to-use platform designed for their needs, we’re saving architects days of un-billable time

Read the original from Monograph →

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