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Monq develops AI tools for procurement negotiations and contract management.
Founded in 2025 and based in London, UK, Monq provides AI tools for procurement and supplier negotiations. Its software analyzes contracts, compares terms and can initiate negotiations, while integrating with procurement systems. In November 2025, it raised USD 3 million in pre-seed funding led by Outward VC, with Cornerstone VC, Portfolio Ventures, Octopus Ventures, Endurance Ventures, Lakestar, Revo Capital and individual investors participating.
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