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The AlleyWatch Startup Daily Funding Report: 4/10/2024

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Monad – $225M

Monad, a high-throughput blockchain protocol, has raised $225M in Venture funding led by Paradigm. Founded by Eunice Giarta, James Hunsaker, and Keone Hon in 2022, Monad has now raised a total of $244M in reported equity funding.


Adro – $1.5M

Adro, a financial services platforms for those new to the United States without established credit histories, has raised $1.5M in Pre-Seed funding led by Era. Adro was founded by Amarildo Gjondrekaj in 2023.


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Bite – $9M

Bite, a provider of digital kiosk ordering solutions for restaurants, has raised $9M in Series A funding led by Staley Capital. Founded by Etkin Tekin, Jeff Hong, Stas Nikiforov, and Steve Truong in 2015, Bite has now raised a total of $19.5M in reported equity funding.


Protiv – $2.4M

Protiv, an incentive platform for hourly workers in the construction industry that aligns worker incentives with project success, has raised $2.4M in Pre-Seed funding led by Lightbank. Protiv was founded by Michael Fortinberry and David Franco in 2020.


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Tags: AdroAmarildo GjondrekajBiteDavid FrancoERAEtkin TekinEunice GiartaJames HunsakerJeff HongKeone HonLightbankMichael FortinberryMonadParadigmProtivStaley CapitalStas NikiforovSteve Truong
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