New updates have been reported about Monaco.
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Monaco, an AI-native sales platform focused on automating end-to-end sales workflows, has secured $50 million in Series B funding led by Benchmark, lifting total capital raised to more than $85 million and positioning the company to accelerate product development and go-to-market execution. The funds will be used to expand Monaco’s platform and team as it moves from public beta toward general availability, following rapid adoption by hundreds of startup customers since its February launch from stealth.
The company aims to displace traditional CRMs and fragmented point tools with a unified system that uses AI agents to continually build total addressable market lists, run outbound campaigns, capture and enrich interactions, and advance deals with minimal manual input, lowering customer acquisition costs and sales headcount needs. Founder and CEO Sam Blond said demand has been especially strong among high-growth startups seeking to automate routine sales work, while lead investor Benchmark highlighted Monaco’s leadership talent and execution as drivers of its conviction that the platform could define the next generation of sales infrastructure for early-stage companies.