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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, 2024over 1 year ago

Amount Raised

$25 Million

New York

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.

Company Information

Company

Modal Labs

Location

New York, New York, United States

About

Bernhardsson started Modal Labs in 2021 after a 15-plus-year career building and leading data teams.

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Funding Insights

Based on industry data
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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
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