# Monto

**Source:** https://www.startuphub.ai/startups/monto
**Profile type:** Startup

> Monto connects financial platforms for seamless buyer-supplier communication and transactions.

## About

Monto provides an AI-powered platform that automates supplier portal interactions, enabling businesses to manage invoices from portal to payment. Its specialized AI agents handle complex workflows autonomously, verifying data, tracking invoice status, and retrieving payment details to ensure zero-touch payments. Monto serves finance teams by simplifying the process of getting paid through any AP portal.

## Key facts

- **Slug:** monto
- **Website:** http://www.montopay.com/
- **Location:** Tel Aviv, Israel
- **Founded:** 2018-07-01
- **Employees:** 119
- **Operating status:** Active
- **Total funding:** $9M
- **Sectors / tags:** Enterprise, Revenue, Billing, Fintech, Payments, Embedded Finance, B2B SaaS, Workflow Automation, Supply Chain Finance, API Platform, Supply Chain
- **Social:**
  - LinkedIn: https://il.linkedin.com/company/monto-pay
  - Facebook: https://www.facebook.com/MontoPay

## Frequently asked

### What does Monto do?

Monto provides an AI-powered platform that automates supplier portal interactions, enabling businesses to manage invoices from portal to payment. Its specialized AI agents handle complex workflows autonomously, verifying data, tracking invoice status, and retrieving payment details to ensure zero-touch payments. Monto serves finance teams by simplifying the process of getting paid through any AP portal.

### What is Monto's revenue?

StartupHub estimates Monto's annual revenue at $18.8M (range $10.7M to $33.9M, 68% confidence), based on comparable companies in the sector.

### What is Monto's valuation?

StartupHub estimates Monto's effective valuation at $34.3M (range $22.5M to $54.0M, 16% confidence), based on comparable companies in the sector.

### How much funding has Monto raised?

Monto has raised a total of $9M in funding. The most recent round on record is Seed.

### Where is Monto headquartered?

Monto is headquartered in Tel Aviv, Israel.

### When was Monto founded?

Monto was founded in 2018.

### What industry does Monto operate in?

Monto operates in Enterprise, Revenue, Billing, Fintech, Payments, Embedded Finance.

### How many employees does Monto have?

Monto has approximately 119 people on record.

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