Monark Markets Secures $2.2 Million Seed Funding to Revolutionize Private Market Access

New York, USA – October 2024 – Monark Markets, a pioneering company focused on integrating private market investments into traditional brokerage and wealth platforms, has announced the successful closure of a $2.2 million seed funding round. The round was led by Garuda Ventures, with participation from K50 Ventures, Grit Capital Partners, Niche Capital, and prominent angel investors including Nik Talreja, CEO of Sydecar, and Shriram Bhashyam, COO of Sydecar.
This latest investment brings Monark Markets’ total funding to $3.6 million, following previous contributions from Forum Ventures and Night Capital. The fresh capital will accelerate Monark’s mission to bridge the gap between traditional financial platforms and alternative investments, allowing a broader range of mass-affluent investors to participate in private markets.
Monark’s API-driven platform is designed to seamlessly integrate with existing direct-to-consumer investment platforms, enabling them to offer private securities alongside their public market offerings. This approach addresses a growing demand for alternative investments while providing a scalable solution for wealth managers and brokerages looking to diversify their product suite.
Ben Haber, Co-Founder and CEO of Monark Markets, expressed gratitude for the support from investors:
“We are deeply appreciative of the entire Monark network for their belief in our vision. Our goal is to solve a critical infrastructure problem in capital markets by unlocking access to private investments at scale. This funding allows us to take significant steps forward in that journey.”
Monark Markets aims to reshape the investment landscape by providing the tools and infrastructure needed to democratize access to alternative assets, empowering investors to diversify their portfolios beyond traditional markets.
About Monark Markets
Monark Markets specializes in connecting traditional brokerage and wealth platforms with private market investment opportunities. The company’s innovative API technology enables investment platforms to seamlessly offer private securities to a wider audience, enhancing accessibility for mass-affluent investors.