Monarch has announced the successful raise of $75 million in Series B financing. The round was co-led by Wesley Chan of FPV Ventures and Eurie Kim of Forerunner Ventures, with participation from existing investors Menlo Ventures, Accel, SignalFire, and Clocktower Ventures.

Financial health remains one of the most pressing societal challenges today. Research shows that financial concerns are the leading source of household stress, a primary factor in divorce, and a significant contributor to mental health issues such as depression and anxiety.

Monarch was founded six years ago with a bold and clear mission: to solve this problem for all households—not just the wealthy. The company believes that everyone, regardless of their starting point, can improve their financial situation with the right tools, information, and guidance.