Monq Secures $3 Million Pre-Seed Round
Monq, a London, UK–based AI-driven strategic negotiation platform, has emerged from stealth with $3 million in pre-Seed funding.
The round was led by Outward VC, with participation from Cornerstone VC, Portfolio Ventures, Octopus Ventures, Endurance Ventures, Lakestar Halo, and several strategic angels.
Outward VC is a London-based venture capital firm that invests in early-stage (Seed to pre-Series A) fintech and enterprise technology startups across the UK and Europe. The firm actively seeks ambitious founders tackling significant societal challenges at the intersection of financial services and sectors such as healthcare, education, and AI.
The company will use the capital to scale its engineering and product teams, expand global operations, and accelerate its rollout across the EU, the US, and the Middle East.
Founded in 2025 by Yasin Bostancı and Duygu Gözeler Porchet, Monq is an AI-driven negotiation platform designed to help global companies unlock value in complex, high-stakes supplier deals ($1M to $100M+). Monq’s platform uses a multi-agent system that integrates LLM reasoning, contract intelligence, and behavioural science to enhance human decision-making, accelerate negotiations, and uncover hidden savings. Headquartered in London, with operations in the US, Poland, and Turkey, Monq aims to address a trillion-dollar inefficiency: the slow, manual, and intuition-driven processes behind enterprise procurement.
Funding Details
Company: Monq Ltd
Raised: $3.0M
Round: Pre-Seed
Funding Date: November 2025
Lead Investor: Outward VC
Additional Investors: Cornerstone VC, Portfolio Ventures, Octopus Ventures, Endurance Ventures, Lakestar Halo, strategic angels
Company Website: https://www.monq.io/
Software Category: AI negotiation / Procurement automation / Enterprise AI