Butterfly Effect Pte. Ltd.
Series BRaised $88M at $500M valuation
Last updated March 2026
About Butterfly Effect Pte. Ltd.
Butterfly Effect is the company behind Monica, an AI assistant and browser extension, and Manus, an autonomous AI agent. Founded by Xiao Hong, the company focuses on building AI tools for global users. Founded in 2022 and headquartered in Wuhan, China, Butterfly Effect Pte. Ltd. has raised a total of $88M in funding and is currently at the Series B stage. Notable investors include Benchmark, Tencent, HongShan Capital (Sequoia China), ZhenFund. The company has an estimated revenue of $100M+ ARR (Manus product).
Total Funding
$88M
Valuation
$500M
Est. Revenue
$100M+ ARR (Manus product)
Employees
50-100
Butterfly Effect Pte. Ltd. — Key Facts
| Company | Butterfly Effect Pte. Ltd. |
|---|---|
| Product | Monica |
| Founded | 2022 |
| Headquarters | Wuhan, China |
| Employees | 50-100 |
| Funding status | Venture-backed |
| Total funding | $88M |
| Valuation | $500M |
| Stage | Series B |
| Est. revenue | $100M+ ARR (Manus product) |
| Founders | Xiao Hong, Ji Yichao, Zhang Tao |
| Website | monica.im |
Founders
Xiao Hong
Founder & CEO
Ji Yichao
Co-Founder & Chief Scientist
Zhang Tao
Co-Founder & Product Partner
Funding Rounds
- Series B$75MApr 2025Benchmark
- Series A$10M2023TencentHongShan Capital (Sequoia China)
- Seed$3M2022ZhenFund
Investors
Company Profiles
Butterfly Effect Pte. Ltd. — Frequently Asked Questions
Who owns Monica?
Monica is developed by Butterfly Effect Pte. Ltd., headquartered in Wuhan, China.
Who founded Butterfly Effect Pte. Ltd.?
Butterfly Effect Pte. Ltd. was founded by Xiao Hong, Ji Yichao and Zhang Tao in 2022.
How much funding has Butterfly Effect Pte. Ltd. raised?
Butterfly Effect Pte. Ltd. has raised $88M and is at the Series B stage. Investors include Benchmark, Tencent, HongShan Capital (Sequoia China), ZhenFund.
How many employees does Butterfly Effect Pte. Ltd. have?
Butterfly Effect Pte. Ltd. has approximately 50-100 employees.
Where is Butterfly Effect Pte. Ltd. headquartered?
Butterfly Effect Pte. Ltd. is headquartered in Wuhan, China.
What is Butterfly Effect Pte. Ltd.'s estimated revenue?
Butterfly Effect Pte. Ltd. has an estimated revenue of $100M+ ARR (Manus product).
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Monica Review
Read full review, pricing, and alternatives
Compared to ChatGPT, Monica offers multi-model access and browser integration but less depth in any single model's capabilities. Against Merlin AI (another browser extension), Monica provides broader feature coverage including image/video generation. Versus Sider AI, Monica offers more model variety and better translation tools. Compared to subscribing to individual AI services, Monica provides a cost-effective bundle but with credit-limited access to each model.