Why We Invested in Monk

Excited to announce Better Tomorrow Ventures investment in Monk, where we led their $4M seed round earlier this year. Founders, George Kurdin and Joe Zhou are building the complete agentic stack for the ~$3T outstanding accounts receivable (AR) problem. In the 6 months since investing, they’ve already landed high growth upstarts such as Profound and Elevenlabs.

AI promises outcomes instead of workflows. But what happens when deterministic workflows have subjectivity wrapped around them? At BTV, we think Accounts Receivable and Revenue Operations teams face the brunt of this. Any outstanding payment falls on a spectrum of objective resolution on one end and subjective resolution on the other.

In the near term, it is relatively straightforward to assume AI and automation will address the objective end of the spectrum, the more interesting and of course harder challenge is in utilizing agents to navigate the subjective end too. Context, tone, personality and of course, judgement matter.

Monk understands and is energized by the scale and technical complexity of this opportunity. And when solved, expects to be the agentic rails upon which businesses can 10x payment cycles and cash flow.

If this excites you, Monk is hiring for roles in New York!

And great to partner with Anthony Danon at Rerail and GTMfund.