Shopmonkey revenue hit $19.5M in 2024

Shopmonkey generates revenue from 1000 customers

Shopmonkey

155 E. Main St. , STE 150, Morgan Hill, California, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Shopmonkey hit $19.5M revenue and 1K customers in 2023.

Shopmonkey is a US-based cloud-based shop management software platform for the automotive repair industry. The platform provides a range of tools and features to help auto repair shops manage their operations more efficiently, including appointment scheduling, work order management, inventory management, customer management, and invoicing. Shopmonkey's solution is designed to streamline workflow and improve productivity for auto repair shop owners and technicians. The platform also integrates with third-party systems such as QuickBooks and Carfax. The company's mission is to provide an easy-to-use, all-in-one solution for auto repair shops to manage their businesses and grow their bottom line. Shopmonkey is headquartered in San Jose, California.

Founded

2016

Founded

Revenue

$19.5M

2023 Revenue

YOY

57.13%

YOY

Funding

$110M

Funding

Shopmonkey Revenue

In 2023, Shopmonkey revenue run rate hit $19.5M in revenue.

  • 2023

    Shopmonkey hit $19.5M in revenue in 2023

  • 2020

    Shopmonkey hit $7.2M in revenue in 2020

  • 2016

    Shopmonkey launched in 2016 with $0 revenue

Shopmonkey Funding History

  • 2021

    Shopmonkey raised a of in July, 2021

  • 2020

    Shopmonkey raised a of in August, 2020

  • 2019

    Shopmonkey raised a of in September, 2019

FUNDING DATE ROUND AMOUNT VALUATION
July, 15 2021
August, 27 2020
September, 24 2019

Team

Shopmonkey has 167 total employees and 34 sales reps that carry a quota. They have 1,000 customers an engineering team of 33 and a marketing team of 3.

DISTRIBUTION QTY
Total team size 167
Engineer 33 (20%)
Sales 34 (20%)
Marketing 3 (2%)

Founder / CEO

Ashot Iskandarian

Ashot is the CEO and founder of Shopmonkey.io which provides software for auto and motorcycle repair shops to run their business. Ashot was born and raised in Yerevan, Armenia, and immigrated to the US in the early 90s. Ashot and his wife, Annie, live in the Bay Area and have 3 children with a fourth on the way. They run a ministry called Maintenance for Moms where they help underprivileged moms by servicing their vehicles.

Q&A

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Customers

Churn

Shopmonkey Executives

Name Position Working Email Personal Email
Ashot Iskandarian CEO [email protected] -

Shopmonkey Employees

Name Position Working Email Personal Email
Ashot Iskandarian CEO [email protected] -

Shopmonkey Board of Directors

Name Position Working Email Personal Email
Nina Achadjian Board Member [email protected] -
Byron Deeter Board Member [email protected] -
Brendan Wales Board Member [email protected] -

Frequently Asked Questions about Shopmonkey

  • When was Shopmonkey founded?

    Shopmonkey was founded in 2016.

  • How much revenue does Shopmonkey generate?

    Shopmonkey generates $19.5M in revenue.

  • Who is the CEO of Shopmonkey

    The CEO of Shopmonkey is Ashot Iskandarian.

  • How much funding does Shopmonkey have?

    Shopmonkey raised $110M.

  • How many employees does Shopmonkey have?

    Shopmonkey has 167 employees.

  • Where is Shopmonkey headquarters?

    Shopmonkey is headquartered at 155 E. Main St. , STE 150, Morgan Hill, California, United States

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