# Modo funding: rounds and investors

> Modo has raised $14M across 2 rounds since 2018. Investors include Deutsche Bank, LaunchVic and Archangel Ventures. Every round with its source.

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

United States · [Pre-seed startup](https://millionrounds.com/companies)

# Who invested in *Modo*

2 rounds we have observed, with the 3 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.

Professional Services Fintech

Funding summary Updated 26 Oct 2026

**$14M** raised across 2 rounds since 2018, from 2 sources

**$13M** Series A **$502K** Pre-seed

- **Latest round:** Pre-seed, $502K Oct 2022
- **Biggest round:** $13M Series A · Nov 2018
- **Investors:** 3

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.

2019 2020 2021 2022

**$13M** Series A

**$502K** Pre-seed

- **First round:** Series A, $13M
- **Biggest round:** $13M
- **Between rounds:** 3.8 years

## The rounds

- **Oct 2022** Pre-seed **$502K** *2 new* [LaunchVic](https://millionrounds.com/fund/launchvic) [Archangel Ventures](https://millionrounds.com/fund/archangel-ventures) Source recorded
- **Nov 2018** Series A **$13M** *1 new* [Deutsche Bank](https://millionrounds.com/fund/deutsche-bank) 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.

**Series A** 2018 **Pre-seed** 2022 [Deutsche Bank](https://millionrounds.com/fund/deutsche-bank) [LaunchVic](https://millionrounds.com/fund/launchvic) [Archangel Ventures](https://millionrounds.com/fund/archangel-ventures)

## Everyone who backed them

[Deutsche Bank](https://millionrounds.com/fund/deutsche-bank) Corporate VC **1** round

[LaunchVic](https://millionrounds.com/fund/launchvic) Accelerator **1** round

[Archangel Ventures](https://millionrounds.com/fund/archangel-ventures) VC firm **1** round

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

## Quick answers about Modo

### Who invested in Modo?

Modo's investors include Deutsche Bank, LaunchVic and Archangel Ventures.

### How much has Modo raised?

Modo has raised $14M across 2 rounds since 2018.

### When did Modo last raise?

Modo's most recent round was a Pre-seed of $502K in Oct 2022.

### What was Modo's biggest round?

Modo's largest round on record is $13M (Series A), in Nov 2018.

### Who backed Modo first?

Modo's first round on record, in Nov 2018, was backed by Deutsche Bank.

### What stage is Modo at?

Modo's latest named round is a Pre-seed, in Oct 2022.

### Where is Modo based?

Modo is based in the United States.

## Companies like Modo

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

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app