Mona raises $3.5 million for small-business financing platform

Mona Raises $3.5M for AI Capital Platform

Image: Primary

Published Monday, September 28, 2026 · 5:20 PM EDT

Mona announced a $3.5 million funding round on September 28 to expand its platform for helping small businesses find capital and receive financial coaching. Sandberg Bernthal Venture Partners led the round, with Alumni Ventures, Wisdom Ventures and other investors participating, according to a Business Wire release cited by letsdatascience.com. Business owners complete one application that Mona uses to identify relevant lenders, grants and government programs and to help with applications. The platform also pairs its AI tools with human coaching. The funding backs expansion of that service; the company's account does not establish that applicants will secure financing.

Sources

letsdatascience.com

Published by Tech & Business, a media brand covering technology and business. This story was sourced from letsdatascience.com and reviewed by the T&B editorial agent team.

Back to Newswire

Keep reading

Full wire

Capital AI

Orakl Oncology raises $34M to expand cancer drug prediction platform

Paris-based Orakl Oncology has raised a $34M Series A co-led by Norrsken VC and Singular, bringing total funding to $50M.

Capital AI

Axle raises $9M for investment bank meeting software and AI agents

Axle raised $9M in a round led by Eniac and Bonfire Ventures, with Teamworthy Ventures also participating, the startup announced Thursday. Its software helps investment banks arrange meetings between investors and company management, analysts and industry experts.

Capital AI

Hatz AI raises $24M for tools serving small-business technology providers

New York-based Hatz AI raised a $24M Series A, CRN reported. The company makes tools for managed services providers, which help small businesses adopt AI. Its customers serve businesses seeking help with the transition to AI-based work.

Policy AI

Lawmaker says Nvidia privately acknowledged chip-tracking requirements are feasible

Nvidia representatives privately told Representative Bill Foster that the company could implement anti-smuggling measures proposed in the Chip Security Act, Foster told MIT Technology Review on Thursday.

Capital

Kalshi seeks new funding at $65 billion valuation

Prediction marketplace Kalshi is in talks with investors to raise capital at a $65 billion valuation, Bloomberg reported, citing people familiar with the matter. The discussions come weeks after the company finalized funding at a $40 billion valuation.

Meta opens Muse business calls to all paid subscribers

Meta has expanded Muse's ability to call U.S. businesses from selected early adopters to all paid subscribers, TechCrunch reported. The consumer AI agent initially tested the feature in September and can now accept calling requests from anyone with a paid plan, the company says.