Last updated 2026-07-20
- Raised $9M Seed round led by Scale Venture Partners, Jun 2024
Total raised
$9.0M
Last: Undisclosed Round 2024-07
Stage
Seed
Founded
2021
Headcount
109
HQ
Raanana, Israel
Sector
Fintech & Insurtech
About
Monto is an AI-powered platform that offers automated invoice processing and payment solutions to businesses and their enterprise customers. It creates smart connections between financial systems, primarily between ERPs and AP portals, to streamline B2B payments. The platform's AI learns each customer's invoicing requirements to ensure a seamless payment flow for the supplier, reducing manual workload, mitigating the risk of late payments, and improving cash flow management. Monto supports integration with various ERP systems like NetSuite, Workday, QuickBooks, SAP, and Microsoft Dynamics. The company will use its funding to expand its U.S. operations and advance its business-to-business payment technology.
Funding history · 1 round · $9.0M total
2024-06
Seed
$9.0M
★ Scale Venture PartnersRoom40 VenturesF2 Venture CapitalFirsthand AllianceVerissimo Ventures
Headcount over time
From 61 (2024-03) to 105 (2026-03) · +44 (+72%) · 9 points · source: Finder history + radar grounding
Q&A
- What is Monto AI's primary business activity?
- Monto AI provides an AI-powered platform that connects ERP systems with customer portals to streamline billing and collections, facilitating seamless payment and data collection from various A/P platforms.
- When was Monto AI founded?
- Monto AI was founded in August 2021.
- How much funding has Monto AI raised to date?
- Monto AI has raised a total of $9,000,000.
- When did Monto AI complete its most recent funding round and who were the lead investors?
- In July 2024, Monto AI completed a funding round of $9,000,000, led by.
- What is Monto AI's current employee count?
- Monto AI has 51-200 employees.
- Where is Monto AI headquartered?
- Monto AI is headquartered in Tel Aviv-Yafo, Israel.
- What is Monto AI's primary sector classification?
- Monto AI's primary sector is Fintech & Insurtech.
- Does Monto AI have any international offices?
- Yes, Monto AI has an office in New York, USA.
Team · 4
Maya Cohen
Founder · CEO
Nitsan Yerushalmi
Founder · CCO
Gabriel Wertheimer
Founder · CPO
Yoav Shotland
Founder · CTO
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & ManagementFinancial Operations SoftwareBusiness SoftwareOperations Solutions
Technologies
Artificial Intelligence
Target customers
Enterprise & Professional ServicesEnterprises
Business model
B2B
Highlights
Verified
Tags
payments
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | montopay.com |
|---|---|
| linkedin.com/company/71207076 |
Identifiers & details
| Legal name | Monto A.I Ltd. |
|---|---|
| Founded | 2021-8 |
| Employees (exact) | 109 |
| Offices | New York |
Radar intelligence
Web history (Wayback)
| Domain | montopay.com |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 516454352 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2021-08-22 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2024 |
| Active charges / liens | 1 |
| Registry events | 6 — shares_capital (4), charge (1), other (1) |
| Registered address | המסגר 35 תל אביב - יפו |
Recent registry events
| Date | Event |
|---|---|
| 2026-04-29 | הקצאת מניות |
| 2025-11-20 | רישום שעבוד |
| 2026-03-05 | שינוי בתקנון |
| 2026-03-04 | שינוי בהרכב הון - מניות-פיצול מניה |
| 2026-03-04 | הגדלה של הון רשום |
| 2026-03-02 | שינוי בהרכב הון - מניות-שינוי ערך נקוב |