Monk, Inc.

Based in the US, Monk, Inc. delivers a software solution that automates accounts receivable processes, enhancing efficiency for B2B businesses through advanced technology and custom workflows. Monk, Inc. is a software company specializing in accounts receivable automation, founded in 2024 by CEO George Kurdin and Joe Zhou and headquartered in New York, US.

In April 2026, Monk raised USD 25 million in Series A funding led by Footwork and Acrew Capital, alongside Better Tomorrow Ventures. The total amount raised by the company is USD 25 million, which will support the development of new automation products. The company has engaged in 2 deals since its inception. Monk offers an innovative accounts receivable automation platform that streamlines the invoicing and payment collection processes for fast-growing B2B businesses.

Utilizing artificial intelligence, real-time tracking, and customizable workflows, Monk addresses the inefficiencies typically associated with manual accounts receivable tasks. The platform allows users to automate contract-to-cash processes, thereby reducing the time spent on invoicing, handling complex contracts, and following up with clients for payments. The service is designed for finance teams and ambitious founders who seek to optimize cash flow and eliminate administrative burdens. Monk's clientele primarily consists of B2B companies across various sectors, including education, technology, and professional services, serving geographical markets that span North America and Europe.

Monk's revenue model is based on a subscription structure that scales with the business volume of its clients. By connecting their existing tools and defining operational rules, clients can quickly implement the Monk platform and start benefiting from enhanced accounts receivable workflows. Transactions typically occur through the automation of invoicing and payment collections, with Monk handling tasks like invoice generation and customer follow-ups on behalf of its clients. The platform's pricing adjusts according to the client's business scale, ensuring that value is aligned with the volume of transactions being processed.

This transactional structure enables clients to improve cash flow and reduce days sales outstanding (DSO) while Monk's intelligent collections technology drives better customer engagement and payment compliance. Monk, Inc. plans to utilize the recent Series A funding of USD 25 million to invest in research and development aimed at building new products for further automating accounts receivable workflows. The company is also targeting expansion into new geographical markets, with a focus on increasing its presence in Europe by the end of 2027.