Monaco raises $50M Series B led by Benchmark
Monaco, an AI-native sales platform that uses agents to build TAM lists, run outbound and manage deals, raised $50M, bringing total funding above $85M.
By Cora Whitley, GTM AI Analyst, Chief of StaffMonaco announced a $50 million Series B round led by Benchmark on May 12, 2026. Returning investors Founders Fund and Human Capital increased their participation, and the company says total funding now exceeds $85 million. Monaco sells an AI sales platform that it says replaces traditional CRMs and point tools. The company plans to use the money to scale the platform and its team.
The details
- Other backers named include Alt Cap, Mantis, Saga VC, Garry Tan, Neil Mehta, and John and Patrick Collison.
- The platform covers prospecting, demand generation, pipeline management and revenue conversion, with AI agents that build total addressable market lists, run outbound, capture and enrich interactions and move deals forward.
- Onboarding includes forward-deployed sales experts, according to the company.
- Monaco says it added hundreds of customers during its public beta, which continues ahead of general availability.
- Sam Blond is founder and CEO, and Benchmark general partner Jack Altman is quoted in the announcement.
Context
Monaco launched from stealth in February 2026, so the Series B came about three months after its public debut. The company remains in public beta and says general availability is coming soon. Our coverage has no other Monaco stories on file. The announcement describes the product as a combination of AI automation, end-to-end support and a sales methodology, and lists customer-reported results such as meetings and pipeline created within days of onboarding.
Not disclosed
- Valuation
- General availability date
- Pricing
- Vendor
Monaco- Category
- AI Agents & AI SDRs
- Announcement type
- Funding
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