Tech Company Financing Transactions
Modyfi Funding Round
Modyfi, based in Los Angeles, secured $7 million from National Education Association and General Catalyst Partners.
Transaction Overview
Company Name
Announced On
8/23/2023
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Seed
Investors
National Education Association (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate early user adoption and continued product development.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
3219 Bonnie Hill Drive
Los Angeles, CA 90068
USA
Los Angeles, CA 90068
USA
Phone
Undisclosed
Website
Email Address
Overview
The image editor you've always wanted. AI-powered creative tools in your browser. Modyfi brings next-generation tech to design with a high-performance, browser-based application offering AI-powered tooling, non-destructive workflows, frictionless collaboration, and more. We inspire creatives by removing the mundane, making teamwork easy, accelerating the design process, and making the creation of better images faster than ever.
Management Team
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We record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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