Monolith AI
AI for product development
- 21-100 employees
- B2B
- Artificial Intelligence
- Internal tools
- SaaS
- No-Code
- Kensington, London, UK
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Company mission
To empower visionary engineers to use AI to cut their product development cycle in half.
Our take
Aerospace engineering is costly for one major reason: prototyping. Firms incur massive fees while manufacturing endless prototypes for environmental strength testing and redesign. Monolith's product identifies inefficiencies early in the theoretical phase to massively reduce the practical development pipeline - an easy sell to the aerospace industry.
Monolith differs to other companies in how they leverage their early customer engagements by utilising the data generated during the engineering design processes. The exploitation of this valuable asset enables a powerful business model: every new client delivers new data that enhances the product. This fuels exponential growth.
Monolith is filling the niche between engineering design and data science with expertise from both camps that allows them to develop a fully proprietary technology. Recent funding will help facilitate this, as well as propelling advances in their platform development.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Competitive salary + options package
- 25 days paid annual leave + Christmas eve + 8 days public holiday
- 5 days of “on the beach” time (working half days anywhere in the world)
- Flexible working opportunities: Work from home and core hours of 9:30am – 4pm, Mon – Thurs & 9:30am – 1pm Fri
- Learning Budget of £500 per year, through Sunlight
- Pension with NEST
- Vitality health insurance
- Wellness allowance through Heka
- A day off to volunteer per year
- Regular socials
Funding (last 2 of 4 rounds)
Aug 2021
$11.2m
SERIES A
Aug 2020
$2m
CONVERTIBLE
Total funding: $15.9m
This company has top investors
Leadership
Dr. Richard Ahlfeld
(CEO)PhD from Imperial. Experience at NASA and Airbus. Previously interim CTO at Modularity, a virtual power plant. Also Enterprise Fellow at Royal Academy of Engineering.