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Monument (company)

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Monument Inc.
Monument
Company typePrivate
IndustryTelemedicine
Founded2020; 4 years ago (2020)
New York City
FounderMike Russell
Headquarters
New York City
Area served
United States
Key people
  • Mike Russell
    (CEO)
Services
  • Online therapy
  • Online medication prescriptions
  • Online support groups
Websitejoinmonument.com

Monument Inc. is a telemedicine company that provides online treatment for alcohol use disorder. It offers therapy and physician appointments as well as support groups entirely through video calls. Monument was founded in New York City in 2020 by Mike Russell. By 2023, it had at least 100,000 users registered.

History

Entrepreneur Mike Russell started Monument after selling his third startup, Paintzen, when he realized that he was a binge drinker and struggling with alcohol use disorder. Monument received $7.5 million in seed funding in 2019 before officially launching in early 2020.

Monument acquired Tempest, an online platform for alcohol recovery care, in 2020.

In March of 2023, Monument announced that they had been leaking sensitive user data to companies like Facebook, Google, Microsoft, and Pinterest through the use of their website trackers. In the same announcement, Monument said they removed all usage of website trackers.

References