Monk provides an AI-native accounts receivable platform that automates invoicing, collections, cash application, and dispute resolution across the contract-to-cash lifecycle. The company reports its platform delivers on average a 40% reduction in days sales outstanding, saves AR teams 25+ hours per month, and achieves a 24% higher collections response rate. Monk says a small team manages over a billion dollars in receivables for its customers and counts AI-native companies like ElevenLabs and Profound among its users. The business was co-founded by George Kurdin and Joe Zhou, and is headquartered in New York. Monk plans to use recent funding to invest in R&D and continue building category-defining AR products. The company has raised $29 million to date, including a $4 million seed in spring 2025.

Total raised

$25M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2026