"Monaco has raised a total of $35 million, between a $10 million seed and $25 million Series A round, Sam Blond tells TechCrunch. Both rounds were led by Founders Fund, with participation from Human Capital. The startup has been quietly testing its AI sales platform through a private beta for a while, but on Wednesday opened it up to a public beta."
"The startup is targeting young seed and Series A-level startups with a product suite that includes an AI-native customer relationship management (CRM) system and a built-from-scratch Zoominfo-like database for finding prospects. Its AI agents can create and execute email outreach campaigns and draft follow-up emails all monitored by the human experts. It includes other features, too, like a meeting notetaker."
Sam Blond left a VC role at Founders Fund and returned to operating, founding Monaco with his brother Brian Blond, Abishek Viswanathan, and Malay Desai. Monaco raised $35 million across a $10 million seed and $25 million Series A, both led by Founders Fund with participation from Human Capital, and attracted angel investors including Patrick and John Collison, Garry Tan, and Neil Mehta. Monaco is testing an AI-native sales platform that combines AI agents with experienced human salespeople who monitor and guide the AI. The product suite targets seed and Series A startups and includes an AI-native CRM, a built-from-scratch prospect database, automated outreach agents, follow-up drafting, and a meeting notetaker.
Read at TechCrunch
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