Monarch Tractor

Monarch Tractor is an agricultural technology company based in Silicon Valley, founded in 2017/2018. Headquartered in Livermore, California, with an office in Singapore, the company focuses on developing fully electric, autonomous tractors designed to enhance modern farming practices. Their flagship product, the Founder Series MK-V, is the world’s first fully electric, driver-optional smart tractor, featuring 40-70 horsepower and a 14-hour battery runtime. This innovative tractor aims to address labor shortages and reduce environmental impact by replacing traditional diesel-powered tractors. In addition to their tractors, Monarch Tractor offers WingspanAI, a digital farm management platform that integrates crop imagery data with tractor operations. This platform supports precision agriculture and data-driven decision-making for specialty crop farms, including vineyards and orchards. The company emphasizes a farmer-first design philosophy, collaborating with engineers and industry experts to create solutions that improve productivity and sustainability. Monarch Tractor has raised over $220 million in funding, including a record $133 million in 2023, to scale production and expand its market reach.

Farming Livermore, United States Founded 2018 ~176 employees

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Employees
176
-4.3% in the 3 months to Jun 2025
Revenue / employee
$210K
Revenue ~$37M
Total funding
$214M
Last round Aug 2024
12-month attrition
31.2%
Tech: 26.4%
H1B sponsor
NA

Headcount trend

Monarch Tractor went from 241 employees in Jul 2023 to 176 in Jun 2025. Jan to Jun 2025: 2 people joined, 28 left.

Headcount data through Jun 2025

Org structure

Headcount by department

Engineering83
Other50
Operations18
Sales7
Finance5
HR4
Marketing3
Product2

Salaries at Monarch Tractor

All salaries

6 salary profiles in India

Most reported roles

Pay by level, gender and ethnicity · US salaries

Layoffs

Details

102 roles cut in the last 12 months.

  • Nov 2025 · 102 roles · San Francisco, United States
  • Nov 2024 · 35 roles (~10%) · San Francisco, United States

See companies that haven't had layoffs

Funding

  • Aug 2024 · The California Energy Commission
  • Jul 2024 · Series C · $133M · Astanor, At One Ventures, The Welvaartsfonds
  • Nov 2021 · Series B · $61M · Astanor Ventures, CNH Industrial, At One Ventures
  • Mar 2021 · Series A · $20M · Musashi Seimitsu Industry Co., Ltd, CNH Industrial, VST Tillers Tractors Ltd
  • Mar 2021 · CNH Industrial N.V.

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Monarch Tractor FAQ

How many employees does Monarch Tractor have?

Monarch Tractor has about 176 employees, down 4.3% over the 3 months to Jun 2025.

Has Monarch Tractor had layoffs in 2026?

No layoffs at Monarch Tractor have been reported in 2026 so far. The most recent reported layoff affected 102 employees on Nov 19, 2025.

What is Monarch Tractor's revenue per employee?

Monarch Tractor makes about $210K in revenue per employee, based on $37M annual revenue and 176 employees.

How much does Monarch Tractor pay?

6figr has 6 salary profiles for Monarch Tractor in India and 5 in the US, with pay broken down by role, level and gender on the Monarch Tractor salaries page. See Monarch Tractor salaries in India

How much funding has Monarch Tractor raised?

Monarch Tractor has raised $214M in total funding.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.