Tech Company Financing Transactions
Monto Funding Round
Monto, based in Raanana, received $9 million from Scale Venture Partners, F2 Venture Capital and FirstHand Alliance.
Transaction Overview
Company Name
Announced On
7/30/2024
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Seed
Investors
Scale Venture Partners (Lead Investor)
private investors (Ariel Maislos)
Proceeds Purpose
The company will use the funding for its U.S. expansion and continue advancing its technology.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
HaTidhar St. 5
Raanana, Undisclosed
Israel
Raanana, Undisclosed
Israel
Phone
Undisclosed
Website
Email Address
Overview
We believe B2B payments should be as easy as tapping a credit card. So we've made it our mission to help businesses get paid on-time, every time, without lifting a finger. No more waiting to collect what you're owed. With Monto, you can consider it money in the bank. Every B2B company in the world is going to need Monto, and it's our job to show them why. The future of B2B payments requires interoperability and connectivity between suppliers systems and customers' portals.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Maya Cohen
Chief Technical Officer
Yoav Shotland
VP - Bus. Development
Nitsan Yerushalmi
VP - Product Management
Gabriel Wertheimer
Browse more venture capital transactions:
Prev: 7/30/2024: PineTree Therapeutics venture capital transaction
Next: 7/30/2024: Montara Therapeutics venture capital transaction
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