Monos Closes Oversubscribed USD$30M Series B Investment Amid Travel Industry Comeback; Luggage Industry Veteran Joins Board
The Series B funding round, which was oversubscribed with nearly USD$40 million in investor demand, comes after Monos achieved 4x growth in 2021, with a further 4x growth forecast in 2022.
- The Series B funding round, which was oversubscribed with nearly USD$40 million in investor demand, comes after Monos achieved 4x growth in 2021, with a further 4x growth forecast in 2022.
- "Despite launching just before the travel industry was hit with unprecedented uncertainty, Monos thrived as aspiring travelers connected with our brand online," said Victor Tam, CEO and Co-founder.
- It's what sets Monos apart and our growth over the past three years has positioned us well to capitalize on the explosion in travel now seen globally.
- Monos is also welcoming former Samsonite, Louis Vuitton, and Pandora CEO Marcello Bottoli to its Board of Directors.