Quild #40: Monad
This is the Quild daily, highlighting one early-stage startup that has statistically significant signals of becoming a unicorn.
Monad makes security data easy and accessible for DevOps and cloud engineering teams. Monad builds infrastructure to unite security data silos in your organization; normalize, transform, and enrich their data; and enable teams to build effective security and compliance workflows on the fly.
Founders: Christian (CEO), Jacolon (CTO)
Signals:
Venture-backed and exited founder
Christan co-founded Intrinsic (funded by NEA, a16z, First Round), which VMWare acquired
Top company alumni
Christian worked at VMWare for 9 months after getting acquired
Jacolon worked as a security engineer at Xerox, Palantir, Collective Health and OpenDoor for 8 years
Fast team growth
Grew 3.5x YoY to 21 employees
Accelerated financing
Founded and announced seed in 2020, series A in 2021
Midas list investors
Sequoia capital led seed
Index Ventures led series A
Till tomorrow, Kenn