Monaco, a new startup co-founded by Sam and Brian Blond, has officially launched its AI sales platform after raising $35 million in funding. The company secured $10 million in seed funding and $25 million in a Series A round, both led by Founders Fund with contributions from Human Capital. This public beta release follows a period of private testing.
Joining the Blond brothers in founding Monaco are Abishek Viswanathan and Malay Desai, both with significant experience in tech and sales. The startup aims to revolutionize the crowded AI sales technology sector by integrating human expertise into its AI systems, offering services like automated email outreach and prospect databases tailored for early-stage startups.
Notable investors backing Monaco include the founders of Stripe, Garry Tan from Y Combinator, and Neil Mehta of Greenoaks Capital. The startup's offerings include an AI-driven customer relationship management system and a comprehensive database designed to streamline sales processes.