Mona Raises $3.5M in Funding

Mona, based in San Francisco, is an AI-powered platform designed to assist small business owners in navigating capital access and financial coaching. The company announced it has secured $3.5 million in a funding round to expand its operations and platform capabilities.

Investors

The funding round was led by Sandberg Bernthal Venture Partners, with participation from Alumni Ventures, Wisdom Ventures, and angel investors, including former Google CEO Eric Schmidt. Mona is also backed by the Mastercard Strive USA Innovation Fund.

Mona Use of Funds

The company plans to use the newly raised capital to scale its AI platform, which helps small business owners find capital opportunities, streamline application processes, and receive ongoing financial guidance.

About Mona

Founded by Andrew Leon Hanna and Anny Dow, Mona is a company that provides an AI-powered platform designed to help small businesses access capital and financial coaching. Mona has supported thousands of small businesses and helped entrepreneurs secure millions of dollars in affordable capital, with early traction in cities including Chicago, Detroit, Jacksonville, New York City, and San Francisco.

Funding Details

Company Website: https://trymona.com/

Company: Mona
Raised: $3.5M
Funding Date: September 2026
Lead Investor: Sandberg Bernthal Venture Partners
Additional Investors: Alumni Ventures, Wisdom Ventures, Eric Schmidt
Software Category: FinTech
Source: https://uk.finance.yahoo.com/news/mona-raises-3-5m-expand-121200047.html