Back to News
May 12, 2026 12:01 PM

Monaco Secures $50 Million in Series B Funding to Grow AI-Powered Sales Platform Amid Strong Customer Demand

SAN FRANCISCO, May 12, 2026 (GLOBE NEWSWIRE) -- Monaco, the AI-native sales platform, today announced a $50 million Series B funding round led by Benchmark. The company will use the funding to continue scaling its platform and team, after bringing on hundreds of customers during its public beta. This round follows Monaco's launch from stealth in February, and brings its total funding to more than $85M. Returning investors Founders Fund and Human Capital are tripling down with their participation.

Since launching, Monaco has seen surging demand, establishing itself as the leader in the AI-powered sales category. Its differentiator is a combination of full, end-to-end support and AI-enabled automations, backed by a proven sales methodology. The result is accelerated revenue growth for startups.

"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," said Jack Altman, General Partner at Benchmark. ...