# Modumate funding: rounds and investors > Modumate has raised $4.6M across 2 rounds since 2018. Investors include Gaingels, K5 Global and Flex Capital. Every round with its source. Source: https://millionrounds.com/company/modumate (Millionrounds; every figure on the page links to its filing or article) United States · [Seed startup](https://millionrounds.com/companies) # Who invested in *Modumate* 2 rounds we have observed, with the 8 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. Construction Funding summary Updated 26 Oct 2026 **$4.6M** raised across 2 rounds since 2018, from 2 sources **$1.5M** Seed **$3.1M** Seed - **Latest round:** Seed, $3.1M Jan 2022 - **Step-up i:** 2.1× - **Investors:** 8 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 **$1.5M** Seed **$3.1M** Seed - **First round:** Seed, $1.5M - **Biggest round:** $3.1M - **Between rounds:** 3.5 years ## The rounds - **Jan 2022** Seed **$3.1M** *5 new* [Gaingels](https://millionrounds.com/fund/gaingels) [K5 Global](https://millionrounds.com/fund/k5-global) [Flex Capital](https://millionrounds.com/fund/flex-capital) [Builders VC](https://millionrounds.com/fund/builders-vc) [Congruent Ventures](https://millionrounds.com/fund/congruent-ventures) Source recorded - **Jul 2018** Seed **$1.5M** *3 new* [RiverPark Ventures](https://millionrounds.com/fund/riverpark-ventures) [LAUNCH](https://millionrounds.com/fund/launch) [TeleSoft Partners](https://millionrounds.com/fund/telesoft-partners) Reported by FinSMEs ## Founders and team From the SEC filings it signed: 1 on the team. - **Richman Neumann** Chief Executive Officer i On the board, as filed i *Abraham Yokell* *Sathvik Tantry* ## 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. **Seed** 2018 **Seed** 2022 [Gaingels](https://millionrounds.com/fund/gaingels) [K5 Global](https://millionrounds.com/fund/k5-global) [Flex Capital](https://millionrounds.com/fund/flex-capital) [RiverPark Ventures](https://millionrounds.com/fund/riverpark-ventures) [LAUNCH](https://millionrounds.com/fund/launch) [Builders VC](https://millionrounds.com/fund/builders-vc) [Congruent Ventures](https://millionrounds.com/fund/congruent-ventures) [TeleSoft Partners](https://millionrounds.com/fund/telesoft-partners) ## Everyone who backed them [Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round [K5 Global](https://millionrounds.com/fund/k5-global) Private equity **1** round [Flex Capital](https://millionrounds.com/fund/flex-capital) VC firm **1** round [RiverPark Ventures](https://millionrounds.com/fund/riverpark-ventures) VC firm **1** round [LAUNCH](https://millionrounds.com/fund/launch) Accelerator **1** round [Builders VC](https://millionrounds.com/fund/builders-vc) VC firm **1** round [Congruent Ventures](https://millionrounds.com/fund/congruent-ventures) VC firm **1** round [TeleSoft Partners](https://millionrounds.com/fund/telesoft-partners) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=modumate). ## Also claim to have backed them These 4 firms list Modumate 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. [LaunchCapital](https://millionrounds.com/fund/launchcapital) VC firm Per its own site [Duro Ventures](https://millionrounds.com/fund/duro-ventures) VC firm Per its own site [EKJ Capital](https://millionrounds.com/fund/ekj-capital) VC firm Per its own site [Olima Ventures](https://millionrounds.com/fund/olima-ventures) VC firm Per its own site ## Quick answers about Modumate ### Who invested in Modumate? Modumate's investors include Gaingels, K5 Global, Flex Capital, RiverPark Ventures and LAUNCH, and 3 more on record. ### How much has Modumate raised? Modumate has raised $4.6M across 2 rounds since 2018. ### When did Modumate last raise? Modumate's most recent round was a Seed of $3.1M in Jan 2022. ### What was Modumate's biggest round? Its most recent round, $3.1M in Jan 2022, is also its largest on record. ### Who backed Modumate first? Modumate's first round on record, in Jul 2018, was backed by RiverPark Ventures, LAUNCH and TeleSoft Partners. ### What stage is Modumate at? Modumate's latest named round is a Seed, in Jan 2022. ### Where is Modumate based? Modumate is based in the United States. ## Companies like Modumate In the same sector, and raised in the last eighteen months. 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