Monocle Overview
Monocle is an AI-powered incentive platform that enables brands to manage, analyze, and optimize their discounts and offers. Deploy smart incentives that drive incremental profit without sacrificing brand equity or margin.
Cumulative Funding Raised Over Time ($)
$7.5MMay 2024
Latest News
growth-positive
Monocle Emerges From Stealth, Launches AI Platform to Power Promotion Strategies for Consumer Brands
Monocle, an AI-powered promotion platform, has emerged from stealth mode with a $7.5M seed funding round led by F2 Venture Capital. The platform aims to help consumer brands personalize promotions to maximize profit. Monocles technology allows DTC companies to use AI for personalized incentive strategies, moving beyond traditional A/B testing. The platform is already in use by brands like Death Wish Coffee, BRUNT Workwear, and Honeylove. Co-founded by industry veterans from Lyft, Instacart, and Stripe, Monocles innovative approach is seen as a game changer in the industry, providing brands with tools to enhance their incentive strategies and drive consumer conversions.
InvestmentCustomersPartners
| Sector | Business Software |
Funding
| Total funding | $7.5M |
| Last funding | $7.5M |
| Stage | Seed |
| Rounds | 1 |
| Investors | 4 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | www.usemonocle.com/ |
Locations
HaArba'a St, Tel Aviv-Yafo, Israel
New York, NY, USA
Photos & Videos
No files yet
Monocle Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Business SoftwareSales & Marketing Solutionse-Commerce ToolsTarget Customer
Enterprise & Professional ServicesMarketing & SalesEnterprisesCore Technology
Artificial IntelligenceMonocle Financials
$7.5M
Total funding
Undisclosed
Capital raised
$7.5M
Last funding
Seed
Funding stage
1
Total rounds
4
Investors
Cumulative Funding Raised Over Time ($)
$7.5MMay 2024
Private Equity Funding
Seed
May 2024
$7.5M
F2 Venture Capital (Lead)
,
irrvrntVC, Tiferes Ventures, Undisclosed Investor(s)
Monocle Lifecycle
Cumulative Funding Raised Over Time
$7.5MMay 2024
All Events
Seed
May 2024
$7.5M
F2 Venture Capital (Lead)
,
irrvrntVC, Tiferes Ventures, Undisclosed Investor(s)
Monocle News
1 article
growth-positive
Monocle Emerges From Stealth, Launches AI Platform to Power Promotion Strategies for Consumer Brands
Monocle, an AI-powered promotion platform, has emerged from stealth mode with a $7.5M seed funding round led by F2 Venture Capital. The platform aims to help consumer brands personalize promotions to maximize profit. Monocles technology allows DTC companies to use AI for personalized incentive strategies, moving beyond traditional A/B testing. The platform is already in use by brands like Death Wish Coffee, BRUNT Workwear, and Honeylove. Co-founded by industry veterans from Lyft, Instacart, and Stripe, Monocles innovative approach is seen as a game changer in the industry, providing brands with tools to enhance their incentive strategies and drive consumer conversions.
InvestmentCustomersPartners
Monocle Team
Mark Lotman
Co-founder & COO
Founder
Employee Info
| Employees (range) | 11-50 |
| Exact count | 15 |
| Team members | 2 |
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Monocle Internal
Recent Updates
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Admin Info
| Confidence | 65/100 |
| Missing | sector, tags, description, video or image, markets, not claimed |
| BI Verification | Dana Arnon |
| Registrar ID | 516739604 |
| Crunchbase | monocle-52e7 |
| Creator | Ortal Wein |
| Creator email | ortalw@sncentral.org |
| Last updater | Ortal Wein |
| Updater email | ortalw@sncentral.org |
| Last update | 2024-11-27T00:00:00.000Z |
| Created | 2024-11-27T00:00:00.000Z |