Pre-Seed26 November 2025

Monq raises £2.3m in pre-seed funding led by Outward VC to scale its artificial intelligence negotiation platform.

The pre-seed round was led by Outward VC and will support team expansion and international growth.

£2.3MPre-Seed

Monq provides an artificial intelligence platform designed to automate and optimise strategic procurement and enterprise negotiation processes. The company builds intelligent agents that combine contract intelligence and behavioural science to handle complex supplier agreements.

London-based Monq has emerged from stealth to secure £2.3m in pre-seed funding led by Outward VC. The round also saw participation from Cornerstone VC, Portfolio Ventures, Octopus Ventures, Endurance Ventures, Lakestar Halo, and several strategic angels.

Founded by alumni of Revolut and Deutsche Bank, Monq applies artificial intelligence to complex enterprise procurement and supplier negotiations. The fresh capital will be deployed to scale the company engineering and product teams, expand ongoing pilots, and accelerate growth across the European Union, the United States, and the Middle East.

From the founder

"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."

Yasin Bostancı

Co-founder and CEO at Monq

Investor perspective

"Monq’s AI platform has the potential to redefine enterprise procurement entirely. The strategic procurement space is a blue ocean for AI innovation and Monq’s unique AI-human approach is already unlocking millions in measurable savings while transforming how enterprises work. We are delighted to be partnering with Yasin, Duygu and team."

Devin Kohli

Partner, Outward