Monark, a Calgary, Canada-based provider of SaaS leadership development platform, raised $1.5M in Seed funding.
The round was led by Storytime Capital, with participation from The51, Archangel and UCeed.
The company intends to use the funds to accelerate marketing efforts and product development, including AI/ML integrations and gamification features, as well as expansion into the US market.
Founded in 2020 by organizational psychologists Kelsey Hahn, MSc and Amanda Julian, PhD, Monark provides a platform that leverages generative AI and ML-powered personalization to offer interactive leadership training and individual performance optimization for new leaders and first-time managers.
The system charges learning, productivity, and effectiveness with proprietary 5-minute micro lessons developed by leaders and scientists, combined with real-time assessments and insights, live cohort-based learning, and a digital platform with behavioral nudges and automated feedback.
FinSMEs
20/09/2023