Monocle Raises $7.5M in Seed Funding for AI-Powered Promotion Platform and Expansion

Monocle's Seed Funding and AI-Powered Promotion Platform

Key Highlights:

• Seed Funding: Monocle, an AI-powered promotion platform provider, raised $7.5 million in seed funding.
• Investors: Funding round led by F2 Venture Capital, with participation from Tiferes Ventures and irrvrntVC, as well as founders from Instacart, Everlane, Melio, and Chubbies.
• AI-Powered Promotion Platform: Monocle's platform enables consumer brands to create and manage smart promotions that drive incremental profit while maintaining brand equity and margins.

Monocle's Target Market

• Consumer Brands: Brands in various industries, such as Death Wish Coffee, Honeylove, and Brunt Workwear.
• Brands Seeking Smart Promotions: Companies looking to optimize their promotions and drive incremental profit without sacrificing brand equity or margins.
• Brands with E-commerce and Email/SMS Platforms: Brands utilizing e-commerce platforms and email/SMS platforms like Klaviyo and Attentive.

What Monocle Needs to Buy

• Partnerships with E-commerce Platforms: Collaborations with e-commerce platforms to integrate Monocle's promotion platform seamlessly.
• Integration with Email/SMS Platforms: Integration with email/SMS platforms to enable easy promotion management and analysis.
• Customer Acquisition and Onboarding Services: Services to support customer acquisition and onboarding, including training and support for brands using Monocle's platform.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.