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Monograph, the leading project management software for architecture and engineering (A&E) firms, announced today it has raised a $20 million Series B funding round led by Base10 Partners. This funding positions Monograph to kick off 2025well-capitalized, growing fast, and ready to transform A&E collaboration. $435 billionis spent annually on A&E design services in the U.S. to shape$24 trillionin construction spending. Yet project delays and budget overruns are widespread, worsened by inefficient management tools that drive misalignment across internal and external stakeholders.Built for A&E projects, Monograph streamlines phase-based budgeting, staffing, billing, and profitability trackinghelping its customers increase revenue by 21 percent on average, resulting in over 20-times ROI in their first year. Since their last funding round in 2021, Monograph now services 6-times more customersthats over 12,000 architects and engineers in firms such as Brooks + Scarpa Architects and Nina Magon Studio, collectively managing $14.5 billion in project fees through the platform.Monograph has proven its ability to help architects and engineers build more profitable firms, said Robert Yuen, CEO and co-founder of Monograph. But firm-to-firm collaboration remains a major industry challenge, which drives up costs and delays to already complex projects. With this funding, were transforming how A&E collaboration works in our platform to keep project teams aligned on timelines and budgetsmaking great design more efficient and more accessible. Seventy-four percent of A&E firms in Monograph work with external consultants on their projects, such as structural or MEP engineers. This allows them to deliver more complex projects without adding staff, but communication often breaks down when using email and disconnected tools.Monograph is the best tool we have found that supports the creative and dynamic workflow of a design studio, said Matt Thackray of Prospect Studio in Jackson Hole, Wyoming. It has transformed how we manage projects internally, and some of our consultants are already using it. The ability to streamline project collaboration across firms within Monograph could drive greater efficiency through its clear and intuitive interface.A&E projects are complicated enough without juggling emails and fragmented tools, said Joe Polasik, principal at BLACKSHEEP Engineering, a Monograph customer. A centralized platform like Monograph, which aligns internal operations with client needs, makes our work significantly more efficient. Inefficiency in the A&E industry impacts homes, schools, hospitals, and infrastructure, with U.S. construction costs rising25 percent fasterthan general inflation over the past decade.Monograph is solving real problems for the real economythe spaces we all rely on start with architects and engineers, said TJ Nahigian, managing partner at Base10 Partners, emphasizing how Monograph aligns with Base10s mission to invest in automation for the real economycompanies solving problems for the 99 percent. Were proud to back Monograph as the business-in-a-box solution helping architects and engineers focus on what they do best. By improving project management and streamlining operations, Monograph will help improve the delivery of the built environment and make great design more accessible.About MonographMonograph is the easiest project management platform for architecture and engineering firms to save time and grow profitability. Over 12,000 architects and engineers use Monograph to gain clarity into their projects, staff, time, and money so their entire team can work smarter, faster.About Base10 PartnersFounded by Adeyemi Ajao and TJ Nahigian, Base10 is a San Francisco-based venture capital fund investing in founders who believe purpose is key to profits and in companies that are automating sectors of the Real Economy. Through its program, the Advancement Initiative, Base10 donates a portion of firm profits to underfunded colleges and universities to support financial aid and other key initiatives. Portfolio companies include Notion, Figma, Stripe,Popmenu, Chili Piper, and Secureframe.
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