Monto Overview
- Year Founded
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2021
- Status
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Private
- Employees
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116
- Latest Deal Type
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Accelerator/Inc
- Investors
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8
Monto General Information
Description
Developer of an AI-driven accounts receivable automation platform designed to streamline invoice processing and payment collection. The company's platform provides AI agents that automate portal interactions, submit and track invoices, verify data, integrate with ERP systems, and centralize payment workflows, enabling finance teams to reduce manual effort, minimize errors, and accelerate collections.
Contact Information
Website
www.montopay.comCorporate Office
- HaMasger Street 35
- Tel Aviv 6688101
- Israel
Corporate Office
- HaMasger Street 35
- Tel Aviv 6688101
- Israel
Monto Timeline
Monto Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Accelerator/Incubator | 03-Nov-2024 | Completed | Generating Revenue | |||
| 4. Seed Round | 30-Jul-2024 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 01-Jan-2024 | Completed | Generating Revenue | |||
| 2. Seed Round | 01-May-2023 | Completed | Generating Revenue | |||
| 1. Seed Round | 01-Jan-2021 | Completed | Startup |
Monto Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed 5 | ||||||||
| Seed 4 | ||||||||
| Seed 3 | ||||||||
| Seed 2 | 10,640 | $0.010000 | $9.4 | $9.4 | 1x | $9.4 | 0.56% | |
| Seed 1 | 595,860 | $0.010000 | $11.75 | $11.75 | 1x | $11.75 | 31.36% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Monto Comparisons
Industry
Financing
Details
Monto Competitors (58)
One of Monto’s 58 competitors is Stampli, a Venture Capital-Backed company based in Mountain View, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Stampli | Venture Capital-Backed | Mountain View, CA | ||||
| Dwolla | Private Equity-Backed | Des Moines, IA | ||||
| Pleo | Venture Capital-Backed | Copenhagen, Denmark | ||||
| Mollie | Venture Capital-Backed | Amsterdam, Netherlands | ||||
| Invoiced | Formerly Accelerator/Incubator backed | Boston, MA |
Monto Signals
Monto Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Canvas Prime | Venture Capital | Minority | ||
| F2 Venture Capital | Venture Capital | Minority | ||
| FirsthandVC | Venture Capital | Minority | ||
| Scale Venture Partners | Venture Capital | Minority |
Monto FAQs
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When was Monto founded?
Monto was founded in 2021.
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Where is Monto headquartered?
Monto is headquartered in Tel Aviv, Israel.
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What is the size of Monto?
Monto has 116 total employees.
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What industry is Monto in?
Monto’s primary industry is Other Financial Services.
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Is Monto a private or public company?
Monto is a Private company.
-
What is Monto’s current revenue?
The current revenue for Monto is .
-
How much funding has Monto raised over time?
Monto has raised $9M.
-
Who are Monto’s investors?
, Canvas Prime, F2 Venture Capital, FirsthandVC, and Scale Venture Partners are 5 of 8 investors who have invested in Monto.
-
Who are Monto’s competitors?
Stampli, Dwolla, Pleo, Mollie, and Invoiced are some of the 58 competitors of Monto.
Data Transparency
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