Monaco announced it has raised $50 million in Series B funding to expand its AI-powered sales platform, following strong customer demand during its public beta phase. The funding round was led by Benchmark and came only months after Monaco emerged from stealth mode in February 2026. Existing investors Founders Fund and Human Capital also participated in the financing round. With the new investment, Monaco said its total funding now exceeds $85 million.
The San Francisco-based company said it plans to use the capital to continue scaling its platform and growing its team, following its public beta launch that brought on hundreds of customers. Monaco said it has experienced surging demand since launching publicly and has positioned itself as a leader in the AI-powered sales category.
Monaco’s platform is designed to replace fragmented legacy sales systems, including traditional customer relationship management software and standalone point solutions, with a unified AI-native platform that supports the entire sales workflow. The company said the platform spans prospecting, demand generation, pipeline management, and revenue conversion.
The platform leverages AI and autonomous agents to automate many manual sales functions typically required to build and manage pipelines. According to the company, Monaco continuously builds total addressable market data, executes outbound campaigns, captures and enriches customer interactions, and advances deals with limited manual intervention. The company said the approach enables startups to accelerate revenue growth while reducing traditional operational overhead.
Monaco also emphasized its onboarding and customer support strategy, which includes white-glove onboarding services and assistance from forward-deployed sales experts. The company said customers are typically able to begin generating meetings and creating pipeline opportunities within days of implementation.
The company added that general availability of the platform is expected soon, following its current public beta period. Monaco said its investor base also includes Garry Tan, Neil Mehta, and John Collison along with Patrick Collison.
KEY QUOTES:
“From our first look at the product it was clear to us that Monaco is being built by a team that deeply understands the problem and the customer. Sam has been one of the most pivotal sales leaders in Silicon Valley, and knows better than anyone what matters to customers. The team they’ve built has an incredible level of ambition and execution, and we believe the future of sales will be defined by Monaco.”
Jack Altman, General Partner, Benchmark
“Since coming out of stealth, we’ve seen strong demand from the most promising startups, who are looking to automate the grunt work of sales. Customers are seeing real results. This investment is a clear validation of both the momentum and the impact we’re delivering.”
Sam Blond, Founder and CEO, Monaco
