Monto AI
A Secure and Innovative Platform to Streamline Billing and Collections
StartupMonto AI is a Tel Aviv-Yafo-based startup in the Fintech & Insurtech sector, established in 2021. A Secure and Innovative Platform to Streamline Billing and Collections. The company has raised a total of $9M across 1 funding round, currently at the Seed stage. Monto AI was founded by Maya Cohen and Gabriel Wertheimer. Key investors include Scale Venture Partners, F2 Venture Capital, Firsthand Alliance, among 5 total investors. The company has 51-200 employees. Core technologies: Artificial Intelligence.
With $9M in total funding, Monto AI is a Seed-stage company operating in Fintech & Insurtech. The company follows a B2B business model. Product stage: Released.
- StageSeed
- ProductReleased
- ModelB2B
- Employees51-200
- HQTel Aviv-Yafo
- DistrictCenter District
- Last Round$9M
- Scale Venture PartnersLead
- F2 Venture Capital
- Firsthand Alliance
5 investors total
Maya CohenCo-founder & CEO
Gabriel WertheimerCo-founder & CPO
1 article covered by sources including www.calcalistech.com.
What does Monto AI do?
Monto is the first AI-powered connector between ERP systems and customer portals, addressing the common challenge of managing multiple supplier portals for revenue teams. Monto creates smart integrations between financial systems, facilitating seamless payment and data collection from any A/P platform. It automatically registers and authenticates access to any AP portal, securely storing information to connect with customers in one click. Invoices and data are automatically delivered to all customers using AP portals, transforming error-prone, tedious billing processes into accurate and instant operations. Users can easily monitor orders and payments across platforms, with data consolidated into a single dashboard. Monto provides automatic validation and resolution of billing issues, eliminating stuck invoices and unresolved tasks. The real-time insight dashboard allows for data-driven decisions, keeping users informed on key metrics like TDSO, CEI, and aging buckets.
How much funding has Monto AI raised?
Monto AI has raised $9M in total funding across 1 rounds. The company is currently at the Seed stage. Key investors include Scale Venture Partners, F2 Venture Capital, Firsthand Alliance.
Who founded Monto AI?
Monto AI was founded in 2021 by Maya Cohen (Co-founder & CEO), Gabriel Wertheimer (Co-founder & CPO).
What sector is Monto AI in?
Monto AI operates in Fintech & Insurtech, Money Transfer & Management, Financial Operations Software, Business Software, Operations Solutions, with core technologies in Artificial Intelligence. Target customers: Enterprise & Professional Services, Enterprises.
Where is Monto AI located?
Monto AI is based in HaMasger St 35, Tel Aviv-Yafo, Israel, Center District. The company also has offices abroad.