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
Key Metrics
Founded Year
2019
Location
Paris, France
Stage
Acquired
Total Funding
$2.39M in 1 round
Latest Funding Round
Ranked
8th among 120 active competitors
Employee Count
29 as on Mar 31, 2026
Exit Details
Acquired by ACV Auctions (Mar 04, 2022)
Legal entities associated with Monk AI
Monk AI is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Monk CIN: 853493237 , France, Deadpooled | Sep 02, 2019 | €1M - €10M (As on Dec 31, 2021) | 3 (As on Dec 31, 2019) | - |
Monk AI's acquisition details
Monk AI got acquired by ACV Auctions on Mar 04, 2022 at an acquisition amount of $*****.
Click here to take a look at Monk AI's acquisition in detail
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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 |
View details of Monk AI's funding rounds and investors
Monk AI's founders and board of directors
Founder? Claim ProfileThe 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:
- Bhagaban Behera: Co-Founder & CEO of Monk AI and founder of 6 other companies, including RenderNet AI, Defy and Walrus. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Abou Laraki: Co-Founder & CEO of Monk AI and founder of 1 other company. They are also an angel investor in 2 startups.Contact Info: 1 email address
- Fays Slaoui: Cofounder of Monk AI.
View details of Monk AI's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | 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 | AI-powered visual inspection and defect detection across industries | $1.74M | 55/100 | ||
3rd | Fyusion 2014, San Francisco (United States), Acquired | Developer of 3D image processing technology for consumer applications | $71.4M | 52/100 | |
4th | Inspektlabs 2019, New Castle (United States), Seed | Provider of AI-powered solutions for vehicle damage inspection and assessment | $1.05M | 50/100 | |
5th | AI-driven visual inspection solutions for manufacturing and logistics | $2.48M | 49/100 | ||
6th | Self Inspection 2005, San Diego (United States), Series A | AI-powered inspection management solutions for automotive industry | $15.8M | 48/100 | |
7th | AI-based claims inspection software for claims professionals | $2.39M | 46/100 | ||
8th | Provider of AI-powered and SaaS-based vehicle inspection solutions | $2.39M | 46/100 | ||
9th | Developer of 3D and AI solutions for damage assessment | $45.7M | 45/100 | ||
10th | Ravin 2018, London (United Kingdom), Series B | Provider of AI-powered platform for vehicle damage assessment and claims | $30M | 44/100 |
Looking for more details on Monk AI's competitors? Click here to see the top ones
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.
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Monk Launches Cash Forecast 2.0 to Provide Live, Risk-Weighted Cash Flow PredictionsPR Newswire•Jul 29, 2026•Monk AI
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Iris leads $2.4m seed round for MonkUnquote•Jun 11, 2020•Iris Capital, Monk AI, Monk, Plug and Play Tech Center
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