
ContactMonkey Risk Report
Generated on July 17, 2025
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Risks
Summary
π‘οΈ Financial & Liquidity
ContactMonkey is experiencing significant financial growth and opportunities. The company has secured substantial funding to enhance its operations and expand its offerings in the internal communications sector. This financial backing positions ContactMonkey to further capitalize on market opportunities and drive innovation in its field.
- On π December 7, 2023, ContactMonkey raised $55 million in Series A funding from Updata Partners.
- The company's funding efforts were highlighted on π December 19, 2023, when it was reported to close a total of $55 million to invest in its email communications platform.
- On π May 15, 2025, CIBC Innovation Banking provided ContactMonkey with growth capital financing, demonstrating continued financial support and confidence in the company's future.
π Innovation & R&D
ContactMonkey is committed to driving innovation in internal communications and employee engagement. Through strategic funding and industry-specific reports, the company is continually pushing the boundaries of what's possible in the technology sector.
- On π July 24, 2024, the release of the "Global State of Internal Communications Report" exemplified ContactMonkey's dedication to providing insightful industry analysis.
- The publication of the "Internal Email Benchmark Report 2025" on π January 9, 2025, further reinforced the company's focus on innovation in email communication.
π Awards & Recognition
ContactMonkey's efforts and growth have not gone unnoticed. The company has been recognized for its impressive performance and growth in recent years, enhancing its reputation within the industry.
- ContactMonkey was placed at No. 163 on "The Globe and Mail's sixth annual ranking of Canadaβs top growing companies" on π September 27, 2024, highlighting its significant market presence and rapid growth.
News & Media
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