With the help of a $7.5M initial investment, Monocle, an AI-powered marketing platform provider with headquarters in New York City, is coming out of stealth.
Investors
- F2 Venture Capital(lead the round)
- Tiferes Ventures
- IrrvrntVC
- Instacart
- Everlane
- Melio
- Chubbies
Noam Szpiro and Mark Lotman co-founded Monocle, an AI-driven platform for consumer brand marketing. It gives companies the ability to plan and develop clever promotions that increase sales without compromising profitability or brand equity.
The platform may be employed in a matter of days without the assistance of internal engineering or data science teams thanks to the company’s rapid integration capabilities.
The technology provides a performance snapshot and a detailed analysis of promotional indicators that impact brand performance, including online revenue, budget spent on promotions to date, average incentives given to customers, customer lifetime value, and more. It connects to a brand’s store and email/SMS platforms (like Klaviyo and Attentive).
The organization, which has its headquarters in New York City and operations in Tel Aviv, collaborates with consumer brands such as Brunt Workwear, Death Wish Coffee, and Honeylove.
In 2023, Monocle made its platform available to a limited number of companies; among them are Death Wish Coffee, BRUNT Workwear, and Honeylove.
Regarding Monocle
Monocle is a platform for consumer brand advertising driven by AI. It gives companies the ability to plan and develop clever promotions that increase sales without compromising profitability or brand equity. With headquarters in Tel Aviv and New York City, Monocle is a marketing strategy and profit-turning agency that works with consumer brands such as Death Wish Coffee, Honeylove, and Brunt Workwear.