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Monk AI - About the company

Monk AI is an acquired company based in Paris (France), founded in 2019 by Bhagaban Behera, Abou Laraki and Fays Slaoui. It operates as a Provider of AI-powered and SaaS-based vehicle inspection solutions. Monk AI has raised $2.39M in funding from IRIS. The company has 120 active competitors, including 23 funded and 8 that have exited. Its top competitors include companies like Uveye Technologies, CamCom and Fyusion.

Company Details

Provider of AI-powered and SaaS-based vehicle inspection solutions. The platform provides vehicle inspection tolls and automated car condition reports, tracks time and streamlines processes, accesses collision damage estimates, and more. It provides inspection in conditions such as weather, light, angle, and distance.
Website
monk.ai
Social
X
Key Metrics
Founded Year
2019
Location
Paris, France
Stage
Acquired
Total Funding
$2.39M in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
29 as on Mar 31, 2026
Similar Companies
Exit Details
Acquired by ACV Auctions (Mar 04, 2022)

Monk AI's acquisition details

Monk AI got acquired by ACV Auctions on Mar 04, 2022 at an acquisition amount of $*****.
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Monk AI's funding and investors

Monk AI has raised a total funding of $2.39M over 1 round. Its latest funding round was a Seed round on Jun 11, 2020 for $*****. 5 investors participated in its latest round. Monk AI has 6 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Monk AI:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 11, 2020
8512209
Seed
8089236
5311786
5381618
6504698
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Monk AI's founders and board of directors

Founder? Claim Profile
The founders of Monk AI are Bhagaban Behera, Abou Laraki and Fays Slaoui. Abou Laraki is the CEO of Monk AI.
Here are the details of Monk AI's key team members:

Monk AI's employee count trend

Monk AI has 29 employees as of Mar 26. Here is Monk AI's employee count trend over the years:
Employee count trend for Monk AI
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Monk AI's Competitors and alternates

Top competitors of Monk AI include Uveye Technologies, CamCom and Fyusion. Here is the list of Top 10 competitors of Monk AI, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Uveye Technologies
Uveye Technologies
2016, New York (United States), Series E
Developer of vehicle inspection systems using artificial intelligence and 360-degree imaging
$236M
59/100
2nd
Logo for CamCom
CamCom
2017, Bengaluru (India), Seed
AI-powered visual inspection and defect detection across industries
$1.74M
55/100
3rd
Logo for Fyusion
Fyusion
2014, San Francisco (United States), Acquired
Developer of 3D image processing technology for consumer applications
$71.4M
52/100
4th
Logo for Inspektlabs
Inspektlabs
2019, New Castle (United States), Seed
Provider of AI-powered solutions for vehicle damage inspection and assessment
$1.05M
50/100
5th
Logo for Jidoka
Jidoka
2018, Chennai (India), Seed
AI-driven visual inspection solutions for manufacturing and logistics
$2.48M
49/100
6th
Logo for Self Inspection
Self Inspection
2005, San Diego (United States), Series A
AI-powered inspection management solutions for automotive industry
$15.8M
48/100
7th
Logo for Monk
Monk
2019, Paris (France), Seed
AI-based claims inspection software for claims professionals
$2.39M
46/100
8th
Logo for Monk AI
Monk AI
2019, Paris (France), Acquired
Provider of AI-powered and SaaS-based vehicle inspection solutions
$2.39M
46/100
9th
Logo for NGrain
NGrain
2000, Vancouver (Canada), Acquired
Developer of 3D and AI solutions for damage assessment
$45.7M
45/100
10th
Logo for Ravin
Ravin
2018, London (United Kingdom), Series B
Provider of AI-powered platform for vehicle damage assessment and claims
$30M
44/100
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Monk AI's Investments and acquisitions

Monk AI has made no investments or acquisitions yet.

Reports related to Monk AI

Here is the latest report on Monk AI's sector:

News related to Monk AI

Media has covered Monk AI for 1 event in last 1 year, It was about company updates.
ACV Auctions’ Acquisition of MonkGlobal Legal ChronicleJan 28, 2023ACV Auctions, PwC, Monk AI
ACV’s Acquisition of Monk SASGoogle UsercontentMar 04, 2022Monk AI
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