About
Monto is the first AI-powered connector between ERP systems and customer portals, addressing the common challenge of managing multiple supplier portals for revenue teams. Monto creates smart integrations between financial systems, facilitating seamless payment and data collection from any A/P platform. It automatically registers and authenticates access to any AP portal, securely storing information to connect with customers in one click. Invoices and data are automatically delivered to all customers using AP portals, transforming error-prone, tedious billing processes into accurate and instant operations. Users can easily monitor orders and payments across platforms, with data consolidated into a single dashboard. Monto provides automatic validation and resolution of billing issues, eliminating stuck invoices and unresolved tasks. The real-time insight dashboard allows for data-driven decisions, keeping users informed on key metrics like TDSO, CEI, and aging buckets.
Funding history · 1 round · $9.0M total
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is Monto AI's primary offering?
- Monto AI provides an AI-powered connector that integrates ERP systems with customer portals to streamline billing and collections, facilitating payment and data collection from various A/P platforms.
- When was Monto AI founded?
- Monto AI was founded in August 2021.
- Where is Monto AI headquartered?
- Monto AI is headquartered in Tel Aviv-Yafo, Israel, with an additional office in New York, NY, USA.
- How much funding has Monto AI raised in total?
- Monto AI has raised a total of $9,000,000 in funding. For a full financing history, users can refer to startupim.
- When did Monto AI complete its Seed funding round and who were the lead investors?
- In July 2024, Monto AI completed a Seed funding round of $9,000,000. Lead investors included Scale Venture Partners and F2 Venture Capital.
- How many employees does Monto AI currently have?
- Monto AI currently has 71 employees.
- What is Monto AI's primary sector?
- Monto AI's primary sector is Fintech & Insurtech.
- Who are the founders of Monto AI?
- The founders of Monto AI are Maya Cohen and Gabriel Wertheimer.