Monad

Monad is a blockchain infrastructure company that is building a high-performance Layer 1 blockchain designed to address the scalability limitations of existing networks. The company operates in the blockchain infrastructure space, focusing on increasing transaction throughput and reducing latency while maintaining decentralization and security. Monad's technology aims to enable decentralized applications to achieve performance comparable to traditional web applications. Founded in 2022 and headquartered in Chicago, Illinois, Monad has raised $19 million at the Seed stage from investors including Dragonfly Capital, Paradigm, Placeholder, Lemniscap, Shima Capital, Finality Capital, Edessa, SevenX Ventures, Smrti Lab, and Animoca Brands. The company employs 69 people.