Explore: Fintech · Series A · United States
Monk
Series A · 🇺🇸 New York, United States · Founded 2025 · 11-50 employees
AI-native accounts receivable platform that automates the contract-to-cash lifecycle for B2B companies. Monk is a fintech, SaaS and deeptech startup based in New York, United States, founded 2025, at Series A stage, with $25M raised to date.
Monk is tracked live on Scout, Fusion42's database of newly funded startups — its profile updates as new rounds, backers and Wire analysis land.
Total raised
$25M
Stage
Series A
Business model
SaaS
Key differentiator
Monk combines AI models with deterministic safeguards to automate money-sensitive AR workflows accurately enough for real financial operations.
Target customer
B2B companies, especially finance and accounts receivable teams at software and growth-stage businesses
Sectors
Funding rounds
Key investors
Footwork, Acrew Capital, BTV
Notable achievements
- 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
Frequently asked questions
- 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.