ET 11:14

Monaco AI Sales Platform Launched: $35M Raised, Targets Next-Gen Startups

Monaco, the AI sales platform co-founded by Sam Blond, a former Founders Fund VC and head of sales at Brex, went publically beta today following a stealth launch. The startup has raised $35 million in total — $10 million in seed and $25 million in Series A — led by Founders Fund, with participation from Human Capital and a broad angel group including Patrick and John Collison (Stripe), Garry Tan (Y Combinator), and Neil Mehta (Greenoaks). Monaco serves seed- and Series A-stage companies with an AI-native CRM and prospect database, managed by experienced salespeople, automating outreach and follow-up while humans guide the AI. The company employs about 40 people and is positioned to challenge Salesforce and HubSpot in a crowded market, offering a flat-fee, beta-discounted pricing model.

EditorWong Mei Ling