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Monaco has secured $50 million in a Series B funding round led by Benchmark, aiming to enhance its AI-powered sales platform and expand its team.

PRIVATEMay 13, 20263 months ago

Amount Raised

$50 Million

Round Type

Series B

San FranciscoSoftware

Investors

Human CapitalFounders FundBenchmark

Description

Monaco, based in San Francisco, CA, announced a $50 million Series B funding round, elevating its total funding to over $85 million. The funding, led by Benchmark, will be used to scale its sales platform amid increasing demand. Participating investors included Founders Fund and Human Capital. The company is focused on automating sales processes for startups using AI technology.

Company Information

Company

Monaco

Location

San Francisco, California, United States

About

Monaco is an AI-native sales platform for startups that automates the full revenue workflow from prospecting and demand generation to closing deals. Backed by Founders Fund and Human Capital, the platform helps teams scale sales faster by streamlining outreach and pipeline creation.

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Verified contactsSam B., Co-Founder, CEO hidden hidden
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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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