Monto AI
A Secure and Innovative Platform to Streamline Billing and Collections
Startup Seed Fintech & Insurtech Est. 2021
Total Raised
$9M
Seed
Last Round
$9M
1 rounds
Investors
5
5 public
Team
2
51-200 employees
Confidence
72/100
News
1
articles
About
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.
Classification
Sector
Fintech & InsurtechMoney Transfer & ManagementFinancial Operations SoftwareBusiness SoftwareOperations Solutions
Core Technology
Artificial Intelligence
Target Customer
Enterprise & Professional ServicesEnterprises
Business Model
B2B
Tags
payments
Funding & Events
Jul 2024
Seed $9M
Scale Venture Partners (Lead), F2 Venture Capital, Firsthand Alliance, Verissimo Ventures, Room40 Ventures
News (1)
Jul 30, 2024 · www.calcalistech.com
growth-positive
Monto nets $9 million in Seed funding with promise to curb B2B payment “chaos” | CTech
InvestmentCustomers
Details
Product Stage
Released
Employees
51-200
Exact Count
71
District
Center District
Founded
2021
Registrar
516454352
Crunchbase
monto-3f8e
Locations
HaMasger St 35, Tel Aviv-Yafo, Israel
New York, NY, USA
Links
Website
LinkedIn
Careers
Admin
Last Update
Feb 2, 2025
Verified by
Jenny Sotnik-Talisman
Claimed
Yes
Missing
sector, tags, video or image, markets, not claimed
Team (2)
Maya Cohen
Co-founder & CEO
Founder
Gabriel Wertheimer
Co-founder & CPO
Founder
Internal
Created by
Jenny Sotnik-Talisman (jenny.sotnik@sncentral.org)
Created
2024-06-26T00:00:00.000Z
Last editor
Jenny Sotnik-Talisman (jenny.sotnik@sncentral.org)