United States · Funded startup

Who invested in Mod Pizza

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Enterprise

Funding summaryUpdated 26 Oct 2026

$233Mraised across 2 rounds since 2018, from 2 sources

$73MRound$160MRound
Latest round
Round, $160MMay 2019
Led by
Dubilier & Rice and Clayton
Step-upi
2.2×
Investors
4 (2 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20182019
$73MRound$160MRound
First round
Round, $73M
Jan 2018
Biggest round
$160M
Round · May 2019
Between rounds
16 months
from the last two

The rounds

  1. May 2019
    Round$160M2 new1 returning

    Reported by FinSMEs

  2. Jan 2018
    Round$73M2 new

    Reported by FinSMEs

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Round2018Round2019FidelityDubilier & RiceLClaytonLPWP Ventures

Everyone who backed them

FidelityVC firm2rounds
Dubilier & RiceInvestment firm1round, led 1
Claytonno record of our own yet1round, led 1
PWP VenturesVC firm1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Mod Pizza

Who invested in Mod Pizza?

Mod Pizza's investors include Fidelity, Dubilier & Rice, Clayton and PWP Ventures. Dubilier & Rice led its latest round.

How much has Mod Pizza raised?

Mod Pizza has raised $233M across 2 rounds since 2018.

When did Mod Pizza last raise?

Mod Pizza's most recent round was an Undisclosed round of $160M in May 2019, led by Dubilier & Rice.

What was Mod Pizza's biggest round?

Its most recent round, $160M in May 2019, is also its largest on record.

Who backed Mod Pizza first?

Mod Pizza's first round on record, in Jan 2018, was backed by Fidelity and PWP Ventures.

What stage is Mod Pizza at?

Mod Pizza's latest named round is an Undisclosed round, in May 2019.

Where is Mod Pizza based?

Mod Pizza is based in the United States.

Who led Mod Pizza's rounds?

Dubilier & Rice led the Undisclosed round in 2019.

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