# ModoPayments funding: rounds and investors

> ModoPayments has raised $15M across 2 rounds since 2014. Investors include Deutsche Bank. Every round with its source.

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

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

# Who invested in *ModoPayments*

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.

Cloud

Funding summary Updated 26 Oct 2026

**$15M** raised across 2 rounds since 2014, from 2 sources

**$2.0M** Series A **$13M** Series A

- **Latest round:** Series A, $13M Nov 2018
- **Step-up i:** 6.5×
- **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.

2015 2016 2017 2018

**$2.0M** Series A

**$13M** Series A

- **First round:** Series A, $2.0M
- **Biggest round:** $13M
- **Between rounds:** 4.3 years

## The rounds

- **Nov 2018** Series A **$13M** *1 new* [Deutsche Bank](https://millionrounds.com/fund/deutsche-bank) Source recorded SEC filing: $5.2M sold, first sale Aug 2018
- **Jul 2014** Series A **$2.0M** No investor was named in the report. From a historical funding record

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Steven Craig Minyard** CFO i
- **Bruce Parker** Manager i

## Everyone who backed them

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

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

## Quick answers about ModoPayments

### Who invested in ModoPayments?

ModoPayments's investors include Deutsche Bank.

### How much has ModoPayments raised?

ModoPayments has raised $15M across 2 rounds since 2014.

### When did ModoPayments last raise?

ModoPayments's most recent round was a Series A of $13M in Nov 2018.

### What was ModoPayments's biggest round?

Its most recent round, $13M in Nov 2018, is also its largest on record.

### Who backed ModoPayments first?

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

### What stage is ModoPayments at?

ModoPayments's latest named round is a Series A, in Nov 2018.

### Where is ModoPayments based?

ModoPayments is based in the United States.

## Companies like ModoPayments

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

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