Monark is an interactive, data-driven SaaS platform that automates the science of leadership development for new and emerging leaders. The product combines proprietary 5-minute micro-lessons developed by leaders and scientists with generative AI/ML-powered personalization, real-time assessments and insights, live cohort-based learning, behavioral nudges, and automated feedback. It targets first-time and middle managers to accelerate individual development and improve team performance. The company reports tripling revenue year-over-year and achieving 96% lesson completion rates, with customers seeing lower turnover and estimated savings of $136,000 per person (Adecco & BCG). Founded in 2020 by organizational psychologists Kelsey Hahn and Amanda Julian and based in Calgary, Alberta, Monark plans to use new capital to fund strategic marketing, product development including further AI/ML integrations and gamification, and U.S. expansion. Growth to date has been driven entirely by referrals and word-of-mouth.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2023