Monaco Secures $50 Million in Series B Funding to Grow AI-Powered Sales Platform Amid Strong Customer Demand

Monaco, the AI-native sales platform, announced a $50 million Series B funding round led by Benchmark. The company will use the funding to continue scaling its platform and team, after bringing on hundreds of customers during its public beta. This round follows Monaco’s launch from stealth in February, and brings its total funding to more than $85M. Returning investors Founders Fund and Human Capital are tripling down with their participation.

Since launching, Monaco has seen surging demand, establishing itself as the leader in the AI-powered sales category. Its differentiator is a combination of full, end-to-end support and AI-enabled automations, backed by a proven sales methodology. The result is accelerated revenue growth for startups.

“From our first look at the product it was clear to us that Monaco is being built by a team that deeply understands the problem and the customer,” said Jack Altman, General Partner at Benchmark. “Sam has been one of the most pivotal sales leaders in Silicon Valley, and knows better than anyone what matters to customers. The team they’ve built has an incredible level of ambition and execution, and we believe the future of sales will be defined by Monaco.”

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A unified platform for the entire sales motion

Monaco replaces fragmented legacy systems, including traditional CRMs and disconnected point solutions, with a single, unified platform that supports the entire sales motion—from prospecting and demand generation, to pipeline management and revenue conversion. By combining AI and autonomous agents, Monaco automates much of the manual sales work traditionally required to build and scale pipelines. The platform continuously builds total addressable market (TAM), executes outbound, captures and enriches interactions, and advances deals without manual input. The result is revenue growth without the traditional overhead costs.

“Since coming out of stealth, we’ve seen strong demand from the most promising startups, who are looking to automate the grunt work of sales,” said Sam Blond, founder and CEO of Monaco. “Customers are seeing real results. This investment is a clear validation of both the momentum and the impact we’re delivering.”

SOURCE: GlobeNewswire