Tech Company Financing Transactions
Modal Funding Round
On 1/5/2021, Modal raised $15 million in Series A funding from Honda Strategic Venturing, Pegasus Tech Ventures and private investors.
Transaction Overview
Company Name
Announced On
1/5/2021
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to scale the team to develop new e-commerce technologies and further streamline the online transaction and ownership experience, including finance, insurance, contract, and service.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
235 Pine St. 850
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Website
Email Address
Overview
Modal drives the future of auto sales for the world's leading auto retailers and brands. We take the many moving parts of an auto purchase transaction, and assemble them it into a simple, digital transaction flow that fits inside any webpage, and transforms any showroom.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Aaron Krane
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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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