MONOGRAPH ANNOUNCES $7.4 MILLION ROUND TO EXPAND ENGINEERING & DESIGN TEAMS
The investment paves an influential future for the design industry’s leading practice operations platform
JUNE, 2021 — Monograph, a practice operations platform for design professionals, today announced a $7.4 million Series A round of funding led by Index Ventures with continued participation from existing investors Homebrew, Parade Ventures, Designer Fund, and several angel investors. Monograph is the most robust industry-specific platform that empowers AEC professionals to better serve their clients, design great built environments, as well as operate a more collaborative, transparent, and profitable business. The investment brings Monograph’s total funding to $9.3 million and will help the company expand its engineering and design teams to continue delivering valuable tools that advance the architect’s toolkit and support connected workflows. Nina Achadjian, Partner, Index Ventures will join Monograph’s Board of Directors.
“Some of the world’s largest sectors are increasingly demanding software built specifically for their needs,” said Nina Achadjian, partner at Index Ventures. “The AEC industry is no exception. The Monograph team is able to use their firsthand architecture experience to build the best solution for AEC professionals, and we are thrilled to be their partner.”
Founded by three design technologists with backgrounds in architecture—Robert Yuen, Alex Dixon, and Moe Amaya—Monograph is intuitively designed for architecture, design, engineering, and construction professionals to oversee projects, timesheets, and forecasts in one simple and integrated interface. The cloud-based system equips industry leaders with top-of-the-line digital tools to manage their firms while transparently collaborating on complex projects with multiple stakeholders. To date, Monograph’s platform has helped manage over $335 million in projects of all scales.
“Design professionals are underserved by existing technology solutions,” said Robert Yuen, co-founder and CEO of Monograph. “The architecture industry is broken and Monograph is strategically positioned to help fix it. We’re disrupting the status quo by ridding firms of ineffective spreadsheets and tools that treat cost, resource, and project management as siloed activities. Our platform is a modern-day solution that syncs a firm’s range of projects and responsibilities holistically so that AEC professionals can provide a great client experience, and most importantly make a profit.”
“We’re excited to have additional resources to grow our teams to deliver world-class value to an industry that designs the world around us,” said Alex Dixon, co-founder and Head of Product at Monograph. “It’s important to us to build a culture that is diverse, with a focus on people. We encourage anyone to apply who wants to be a part of our design-driven product company.”
This Series A financing is also symbolic of Monograph’s large strides made this past year, including the launch of several new features, a rapidly growing roster of customers, and overall market momentum. The pandemic has continued to act as a catalyst for AEC professionals’ growing need and dependency on technology and Monograph provides them with an intuitive and evolving one-stop-shop solution.
“Monograph has helped us get a clearer picture of how our firm’s projects are performing and where our team is allocated,” says Kris Bradner, principal at Traverse Landscape Architects. “The team forecasting feature has helped us make staffing decisions, while the overview page for each project gives us a good snapshot as we pursue prospective projects.”
“The time it would take us to staff our projects was cut in half, if not more, by Monograph––increasing our productivity by 200 percent”, says Thomas B. Merritt, director of design at Verdant Studio. “The Resource feature alone has allowed us to schedule all projects and staff on Fridays. Everyone knows the projects they’ll be working on for the week through a couple of one-hour meetings. Before, we’d spend four to eight hours over the weekend comparing the previous week’s calendars, emails, and timesheets. We can now ensure a greater work-life balance through Monograph.”
As a continuation of the company’s progressive steps forward, Monograph today introduces a new official web address, Monograph.com, in tandem with the Series A round. For more information on Monograph’s mission, platform, and open job positions across engineering, sales, marketing, and design please visit: www.Monograph.com/jobs
Monograph is a practice operations platform tailored to the architecture, design, engineering, and construction industries. Founded in 2019 by architectural designers Robert Yuen, Alex Dixon, and Moe Amaya, the technology company has helped firms manage over $335 million in projects of all scales. The cloud-based system is intuitively designed for AEC professionals to oversee projects, timesheets, and forecasts in one simple and integrated interface to inform decisions about their business and projects in real-time. Monograph’s evolving features reflect the profession’s specificities as every component is inspired by the founders’ experiences within the field and what they discovered was missing from the architect’s toolkit. The Monograph team, which was named among ArchDaily’s Best Young Practices of 2020, is disrupting the status quo by ridding firms of the ineffective spreadsheets and tools that treat cost, resource, and project management as separate activities. With Monograph, professionals are empowered with a solution that syncs a firm’s range of tasks and responsibilities together in one cohesive workflow. The expanded efficiencies ultimately help firms provide a better client experience, as well as design and operate a more collaborative, transparent, and profitable business. For more information, please visit https://monograph.com/