# Modelwise funding: rounds and investors

> Modelwise has raised $1.7M across 2 rounds since 2023. Investors include Intel Ignite. Every round with its source.

Source: https://millionrounds.com/company/modelwise (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Modelwise*

2 rounds we have observed, with the one investor 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.

AI

Funding summary Updated 26 Oct 2026

**$1.7M** raised across 2 rounds since 2023, from 2 sources

**$361K** Seed **$1.3M** Seed

- **Latest round:** Seed, $1.3M Aug 2025
- **Step-up i:** 3.6×
- **Investors:** 1

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.

2024 2025

**$361K** Seed

**$1.3M** Seed

- **First round:** Seed, $361K
- **Biggest round:** $1.3M
- **Between rounds:** 21 months

## The rounds

- **Aug 2025** Seed **$1.3M** *1 returning* [Intel Ignite](https://millionrounds.com/fund/intel-ignite) Source recorded SEC filing: $299K sold, first sale Apr 2025
- **Nov 2023** Seed **$361K** *1 new* [Intel Ignite](https://millionrounds.com/fund/intel-ignite) Source recorded SEC filing: $361K sold, first sale Oct 2023

## Founders and team

From Modelwise's own website: 3 founders.

**Florian Grigoleit** Co-founder & CEO

**Iliya Valchev** Co-founder & CTO

**Arnold Bitner** Co-founder & CRO

## Everyone who backed them

[Intel Ignite](https://millionrounds.com/fund/intel-ignite) Investment firm **2** rounds

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=modelwise).

## Also claim to have backed them

These 3 firms list Modelwise as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Atlas Ventures](https://millionrounds.com/fund/atlas-ventures-2) VC firm Per its own site

[SCE Freiraum Ventures](https://millionrounds.com/fund/sce-freiraum-ventures) VC firm Per its own site

[VENTIS CAPITAL](https://millionrounds.com/fund/ventis-capital) Family office Per its own site

## Quick answers about Modelwise

### Who invested in Modelwise?

Modelwise's investors include Intel Ignite.

### How much has Modelwise raised?

Modelwise has raised $1.7M across 2 rounds since 2023.

### When did Modelwise last raise?

Modelwise's most recent round was a Seed of $1.3M in Aug 2025.

### What was Modelwise's biggest round?

Its most recent round, $1.3M in Aug 2025, is also its largest on record.

### Who backed Modelwise first?

Modelwise's first round on record, in Nov 2023, was backed by Intel Ignite.

### What stage is Modelwise at?

Modelwise's latest named round is a Seed, in Aug 2025.

### Where is Modelwise based?

Modelwise is based in the United States.

## Companies like Modelwise

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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