Monocle secures $7.5M in seed funding

Monocle, a NYC-based AI-powered promotion platform for consumer brands, has raised $7.5M in seed funding.

The round was led by F2 Venture Capital with contributions from Tiferes Ventures, irrvrntVC, and founders of Instacart, Everlane, Melio, and Chubbies.

Monocle, co-founded by Noam Szpiro and Mark Lotman, will use the funds to enhance product development and expand market presence.

The platform offers quick integration for brands, enabling them to manage smart promotions without the need for internal engineering or data science teams. Notable clients include Death Wish Coffee, Honeylove, and Brunt Workwear.