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How Monument CEO Ercan Erciyes grew Monument to $11.4M revenue with a 5 person team in 2024.

Provider of a cloud storage device designed to effortlessly store and manage photos and videos. The company's device uses artificial intelligence that analyzes and organizes photos by date, location, camera type and faces, enabling users to manage and share photos and albums easily between family members and friends through multiple devices.

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Monument Revenue

In 2024, Monument's revenue reached $11.4M. The company previously reported $1.7M in 2023. Since its launch in 2015, Monument has shown consistent revenue growth.

Monument Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M201520172019202120232024$0$2M$2M$11MSource: GetLatka.com
YearMilestone
2024Monument Hit $11.4m revenue in November 2024Source
2023Monument Hit $1.7m revenue in October 2023
2021Monument Hit $2.5m revenue in April 2021
2015Launched with $0 revenue

Monument Valuation, Funding Rounds

Monument has not publicly disclosed its valuation. The company has raised $2.4M in total funding to date.

Monument has raised $2.4M in total funding across 5 rounds, with its most recent round in 2017.

Monument Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$600K$1M$2M$2M$3M2015201620172015 cumulative: $18K • 2015 Funding round: $18K2015 cumulative: $35K • 2015 Funding round: $18K • 2015 Funding round: $17K2016 cumulative: $135K • 2015 Funding round: $18K • 2015 Funding round: $17K • 2016 Funding round: $100K2016 cumulative: $1M • 2015 Funding round: $18K • 2015 Funding round: $17K • 2016 Funding round: $100K • 2016 Funding round: $876K2017 cumulative: $2M • 2015 Funding round: $18K • 2015 Funding round: $17K • 2016 Funding round: $100K • 2016 Funding round: $876K • 2017 Funding round: $1M$2MSource: GetLatka.com
YearRoundAmountValuation% Sold
2017Funding round$1.4M--
2016Funding round$876.3K--
2016Funding round$100K--
2015Funding round$17K--
2015Funding round$18.4K--

Monument Employees & Team Size

Monument employs approximately 5 people as of 2026, down from 8 in 2022.

Monument has 5 total employees in different roles and functions.

Monument Team GrowthReported headcount over time0102030402015201620172018201920202021202220230055Source: GetLatka.com
YearMilestone
2023Reached 5 employees (October 2023)
2022Reached 8 employees (October 2022)
2021Reached 9 employees (December 2021)
2021Reached 36 employees (April 2021)

Founder / CEO

Ercan Erciyes

Entrepreneur with a demonstrated history of working in the consumer electronics industry. Strong business, product development and management skills in imaging and embedded systems.

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Customers

We do not have customer count information for Monument yet.

Frequently Asked Questions about Monument

What is Monument's revenue?

Monument generates $11.4M in revenue.

Who founded Monument?

Monument was founded by Ercan Erciyes.

Who is the CEO of Monument?

The CEO of Monument is Ercan Erciyes.

How much funding does Monument have?

Monument raised $2.4M.

How many employees does Monument have?

Monument has 5 employees.

Where is Monument headquarters?

Monument is headquartered in Chicago, Illinois, United States.

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Compare Monument to the industry

Monument operates across multiple industries. Browse revenue, funding, and growth data for Monument in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .