# Ashot Iskandarian

> Ashot Iskandarian is the founder and CEO of Shopmonkey, a cloud software company serving auto repair shops in the United States and Canada. Born in Yerevan and raised partly in California after his family immigrated in 1992, he combined a love of cars with product-management experience at Financial Engines, Xactly and Intacct. He and his wife, Annie, also founded Maintenance for Moms to help single mothers with vehicle repairs.

- **Role:** Founder and CEO at Shopmonkey
- **Organizations:** Shopmonkey, Maintenance for Moms, Financial Engines, Xactly, Intacct
- **From:** Yerevan, Armenia
- **Education:** Master of Business Administration, San Diego State University
- **Known for:** Founded Shopmonkey and led it through its announced $10 million Series A, $25 million Series B and $75 million Series C rounds., Included in SEMA’s September 2019 35 Under 35., Co-founded Maintenance for Moms with Annie Iskandarian; a 2022 company account reported more than 150 vehicles repaired and 25 replaced by February 2022.

## Career timeline

- **1992** — Immigrated from Armenia to the United States with his family.
- **2008** — Completed an MBA at San Diego State University, according to The Official Board.
- **2011-2014** — Product Manager at Financial Engines.
- **2014-2015** — Product Manager at Xactly.
- **2015-2017** — Product Manager at Intacct.
- **2016** — Founded Shopmonkey; the company uses 2016 as its founding year.
- **2017-01** — Shopmonkey dates its first code to January 2017.
- **2017-07** — Left his job on his birthday to pursue Shopmonkey full-time.
- **2019-09** — Named to SEMA’s 35 Under 35; Shopmonkey announced a $10 million Series A led by Index Ventures.
- **2020-08** — Shopmonkey announced a $25 million Series B led by Bessemer Venture Partners.
- **2021-07** — Shopmonkey announced a $75 million Series C led by Bessemer and Index Ventures.
- **2022-05** — A Ratchet+Wrench interview reported that he had recently purchased his own auto shop.

## Achievements

- Founded Shopmonkey and led it through its announced $10 million Series A, $25 million Series B and $75 million Series C rounds.
- Included in SEMA’s September 2019 35 Under 35.
- Co-founded Maintenance for Moms with Annie Iskandarian; a 2022 company account reported more than 150 vehicles repaired and 25 replaced by February 2022.

## Latest updates

- **2026-10** — As checked on October 22, Maintenance for Moms says its repair-assistance applications are closed because currently available funding is exhausted; the notice itself is undated.
- **2026-09** — Shopmonkey’s September release notes, updated October 2, describe purchase order improvements and Apple Pay and Google Pay for online payments; fixed-price services were scheduled to finish rolling out October 8.
- **2026-04** — Shopmonkey introduced integration with existing ALLDATA parts and labor accounts.
- **2025-06** — Shopmonkey announced an Affirm partnership for eligible U.S. and Canadian customers to use pay-over-time options through participating shops.

## Links

- Website: https://www.shopmonkey.io/
- LinkedIn: https://www.linkedin.com/in/aandarian

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Profile page: https://yespress.io/ashot-iskandarian
Published by YesPress — https://yespress.io
Last updated: 2026-10-22