# Monumental Energy

**Source:** https://www.startuphub.ai/startups/monumental-energy
**Profile type:** Startup

> A company focused on energy, with a recent private placement indicating ongoing operations and potential for growth.

## About

Monumental Energy Corp. is a company operating in the energy sector. The provided article details a recent non-brokered private placement where the company raised CAD$3,053,662 by issuing units, each comprising a common share and a warrant. This suggests the company is actively seeking capital for its operations and development.

## Key facts

- **Slug:** monumental-energy
- **Website:** https://monumentalenergy.ca/
- **Location:** Vancouver, British Columbia, Canada
- **Operating status:** Active
- **Total funding:** $5M
- **Sectors / tags:** Energy, Clean Energy, Resource Development

## Frequently asked

### What does Monumental Energy do?

Monumental Energy Corp. is a company operating in the energy sector. The provided article details a recent non-brokered private placement where the company raised CAD$3,053,662 by issuing units, each comprising a common share and a warrant. This suggests the company is actively seeking capital for its operations and development.

### What is Monumental Energy's revenue?

StartupHub estimates Monumental Energy's annual revenue at $3.1M (range $661K to $5.5M, 35% confidence), based on comparable companies in the sector.

### What is Monumental Energy's valuation?

StartupHub estimates Monumental Energy's effective valuation at $19.3M (range $13.2M to $31.7M, 25% confidence), based on comparable companies in the sector.

### How much funding has Monumental Energy raised?

Monumental Energy has raised a total of $5M in funding. The most recent round on record is Private Placement.

### Where is Monumental Energy headquartered?

Monumental Energy is headquartered in Vancouver, British Columbia, Canada.

### What industry does Monumental Energy operate in?

Monumental Energy operates in Energy, Clean Energy, Resource Development.

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