Money Makers Mentor

ShopMonkey Raises $25M in Series B Funding

ShopMonkey, a software company designed for automotive professionals has raised $25 million in series B funding. The funding round, led by Bessemer Venture Partners, allowed the online platform to raise $35 million in 11 just months. The San-Francisco based firm was not the only investor; contributors included Index Ventures and e.Ventures, as well as I2BF.

The COVID-19 pandemic has pushed many businesses further into the digital age. ShopMonkey allows auto repair shops to modernize their workflow. The online platform allows automotive professionals with the tools to run their businesses effectively and efficiently with little to no physical contact with customers.

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While ShopMonkey primarily serves automotive r…

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