Monk: Funding, Investors & Team (Sep 2026)

Monk is an accounts receivable automation platform designed to help modern finance teams streamline invoice follow-ups and improve collections efficiency. As businesses scale, managing receivables manually becomes time-consuming and inconsistent, often leading to delayed payments and unpredictable cash flow. Monk addresses this challenge by automating the entire collections workflow, allowing companies to stay on top of outstanding invoices without increasing operational overhead. The platform enables finance teams to create structured follow-up sequences, ensuring that every customer receives timely and consistent communication. Instead of relying on manual reminders or scattered spreadsheets, Monk centralizes all collections activities into a single system. This improves visibility into receivables, reduces missed follow-ups, and helps teams take action proactively. Monk also focuses on improving the quality of customer communication. By enabling personalized and well-timed outreach, businesses can maintain strong relationships while still ensuring payments are collected efficiently. This balance between automation and thoughtful communication helps reduce friction in the collections process. With integrations across accounting systems and payment platforms, Monk fits seamlessly into existing finance workflows. It allows businesses to connect their invoicing data, track payment status in real time, and optimize their collections strategy based on performance insights. Ultimately, Monk helps companies accelerate cash flow, reduce manual effort, and build a more predictable financial operation. It is particularly valuable for growing businesses that need to scale their finance processes without adding headcount.

Monk has raised $25.0M across 1 round on record. The most recent is a Series A of $25.0M announced in Apr 2026.

Monk's most recent funding round on record is a Series A of $25.0M, announced in Apr 2026.

FundedIQ lists Jim Crotty (Founder) at Monk.

Monk is based in New York, New York, United States.

Monk is in the 51-100 employee band.

Monk's latest round of $25.0M is above the $14M median round size for Financial Services companies on FundedIQ across 5,746 tracked companies over the last two years.