Shopmonkey Raises $75 Million in Series C Funding

July 19, 2021—Shopmonkey, a shop management software startup, has secured $75 million in Series C funding, according to a press release. 

The funding will allow the company to triple its current output, according to the release. 

"Since day one, Shopmonkey has been focused on helping every shop thrive. Historically, the automotive industry has been severely underserved in the area of technology, and we are changing that. We want to partner with our customers to help them achieve and exceed their goals by giving them the tools they need to become more organized, efficient and profitable," Ashot Iskandarian, Shopmonkey CEO and founder, said in a statement.