The pre-seed round was led by Outward VC and will support team expansion and international growth.
"Strategic procurement is one of the last frontiers for true automation because so much of it remains powered by intuition. Throughout my previous roles, I saw just how much instinct drives results, but also how much time is wasted and how much value is being left on the table because instinct alone can only go so far. Our goal at Monq isn’t to replace that judgment but to amplify it. By empowering procurement teams with strong, actionable, data-driven and intelligent insights, we’re giving enterprises the speed, clarity and confidence to negotiate at an entirely new scale while unlocking billions in hidden deal flow, value and efficiency before that value is lost to the company."
The funding round includes support from Lifted Ventures to accelerate development of the TUBR Pulse platform.
"For years, operational teams have been forced to make decisions based on partial or unreliable data. With TUBR Pulse, we’re removing that barrier. Our technology gives businesses the confidence to act on real-time insights no matter how messy the data behind them may be."
SFC Capital led the round with backing from the University of Strathclyde and Scottish Enterprise.
"The wellbeing of those who serve on the front lines is paramount. Sentinel exists to ensure that the people who protect and care for others receive the same care in return. This investment allows us to expand our impact and further develop our evidence-based tools for trauma prevention, management and recovery."