Monument
Monument is a photo management company that offers a secure and private cloud storage solution for photos and videos. Their business model revolves around subscription services, providing users with a centralized platform to manage their media across devices while ensuring data privacy through end-to-end encryption. Monument differentiates itself by focusing on user privacy, eliminating ads and data mining, and utilizing advanced AI for photo organization. With a growing user base, Monument aims to redefine how individuals store and manage their memories, making it an attractive investment opportunity in the digital storage market.
Monument
Monument is a photo management company that offers a secure and private cloud storage solution for photos and videos. Their business model revolves around subscription services, providing users with a centralized platform to manage their media across devices while ensuring data privacy through end-to-end encryption. Monument differentiates itself by focusing on user privacy, eliminating ads and data mining, and utilizing advanced AI for photo organization. With a growing user base, Monument aims to redefine how individuals store and manage their memories, making it an attractive investment opportunity in the digital storage market.
TL;DR
Product: Privacy-first encrypted photo/video backup and organization (Monument Cloud)
Founders: Ercan Erciyes and Semih Hazar
Headquarters: Chicago, Illinois, USA
Business model: Subscription plans (cloud storage tiers, family sharing)
Funding (reported): Total disclosed: $2,760,000 (last noted 2017-09-01)
Company Overview
Problem Domain
Personal photo and video storage, organization, and privacy-focused cloud backup
Industry
Consumer software / Cloud storage
Funding Track Record
2760000.00
Last funding date noted in provided evidence