Startup
Monk
AI-native accounts receivable for B2B companies covering the full contract-to-cash cycle, from invoicing and collections to cash application and disputes, out of stealth since October 2025.
| Founded | 2024, New York |
|---|---|
| Founders | George Kurdin (CEO, formerly D.E. Shaw and Streamlabs), Joe Zhou |
| Stage | Series A |
| Total funding | $29m |
| Last round | Series A, $25m, April 2026, co-led by Footwork and Acrew Capital with BTV |
| Earlier rounds | Seed $4m, spring 2025, led by BTV |
| What it does | Invoicing, collections outreach, payment matching, dispute handling and reporting, run by agents connected to the ERP and CRM |
| Traction | Customers include ElevenLabs, Profound and Siro; days sales outstanding down 40% on average and 26 hours a month saved; more than $2bn in receivables runs on Monk |
| Pricing | Scales with business volume; no price list published |
| Markets | US |
| Peers | Stuut, Fazeshift, Tesorio, Upflow, Kolleno |
Funding
- Announced rounds
- US$25m
- Round
- Series A, US$25m, April 2026, led by Footwork and Acrew Capital
Why it matters
Monk raised $25 million six months after leaving stealth, taking it to $29 million in a year. Together with Stuut and Fazeshift it makes receivables the most contested corner of agentic finance in 2026, with three well-funded companies selling the same promise to the same mid-market CFOs.
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