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Monk

New York, United States

series-a$25M raisedFintechEnterprise SoftwareAI automation

Total Raised

$25M

Stage

series-a

Location

New York, United States

Founded

2025

Team size

11-50

Links

About Monk

AI-native accounts receivable platform that automates the contract-to-cash lifecycle for B2B companies.

What sets it apart

Monk combines AI models with deterministic safeguards to automate money-sensitive AR workflows accurately enough for real financial operations.

Sectors

FintechEnterprise SoftwareAI automation

Business

ModelSaaS

CustomerB2B companies, especially finance and accounts receivable teams at software and growth-stage businesses

Notable

  • Raised a $25M Series A co-led by Footwork and Acrew Capital
  • Reached $29M in total funding after a $4M seed round
  • Reports a 40% average reduction in days sales outstanding
  • Reports 25+ hours saved per month for AR teams
  • Reports a 24% increase in collections response rates
  • Gained adoption among AI-native companies including ElevenLabs and Profound

Funding rounds

1 Apr 2026

Led by Footwork, Acrew Capital

With BTV

Source ↗

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FAQ

What does Monk do?

AI-native accounts receivable platform that automates the contract-to-cash lifecycle for B2B companies.

Where is Monk based?

Monk is based in New York, United States, founded in 2025.

How much has Monk raised?

Monk has raised $25M in tracked funding and is currently at the series-a stage.

Who has invested in Monk?

Investors in Monk include Footwork, Acrew Capital and BTV.