Monograph, developer of project and cost management software for architects, raises $1.9 million
Monograph, a startup working on cloud-based software that makes project and cost management easier for architects, announced today that it has raised $1.9 million in seed funding. The round was led by Homebrew Ventures and Parade Ventures, with participation from Designer Fund, Hustle VC and angel investors.
The San Francisco-based startup was founded last year by Robert Yuen, Alex Dixon and Moe Amaya. Each has experience in architecture, design and software development, making them well-positioned to create a management platform tailored for architects.
Monograph was designed to be easy to use, with an emphasis on the onboarding process so firms are encouraged to switch from traditional project management methods, like spreadsheets, to the software. The startup says hundreds of architects, ranging from solo practitioners to firms with more than 60 people, have already signed up. Monograph has been used to help manage more than $125 million in projects, ranging in size from bathroom and kitchen remodeling to building large hotels.
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Before Monograph, the three were partners in an agency called Dixon and Moe, working as UI/UX consultants for tech startups and architecture firms.
"Monograph really grew out of the agency as a product we saw solving problems that we saw in our day to day lives as architectural designers, and also in our everyday lives with our friends," Yuen told TechCrunch. "That's the loss in the transparency of information between how much time you are spending on work, how projects are going, who is working on it. There is really no accurate way to manage a project and they are growing in complexity each year."
Like other tech companies in the architecture space, including PlanGrid, Procore and UpCodes, Monograph is designed to streamline aspects of the design and building process, while making it easier for teams to collaborate.
Monograph is currently designed for use by architects and consultants, and includes tools to assign milestones, manage project timelines and for timesheets, billing and invoicing. Data is then used for cost and progress analytics, like MoneyGantt, a feature for budget forecasting.
Yuen says that no matter a project's size, each team includes architects, designers and engineers. By the end of the year, the company plans to start releasing new versions of Monograph that can be used by structural, electrical and mechanical engineers, as well as other licensed professionals.
The company's funding will be used to hire for its software engineering and customer support teams.
In a press statement, Homebrew partner Satya Patel said "Monograph offers transformative organization and project management software that is changing the way architects and designers work so that they can deliver better client service, manage costs and earn more profit. We look forward to seeing the company's continued growth and innovation in a market that has been waiting for modern solutions."