Modal raised $25M in a funding round led by Left Lane Capital to grow its team and expand its offering to organizations worldwide.
Apr 02, 2024•over 1 year ago
Amount Raised
$25 Million
Investors
Left Lane Capital
Description
Modal, a startup founded by Darren Shimkus and Dennis Yang, raised $25 million in a funding round led by Left Lane Capital. The company plans to use the investment to support incoming demand and expand its offering to organizations worldwide.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech