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Modash raised €11 million in a Series A funding round led by henQ VC to enhance engineering and product capabilities for creator partnerships.

Oct 31, 2024•9 months ago

Amount Raised

€11 Million

Round Type

series a

TallinnContent MarketingAdvertising

Investors

Hen Q Vc

Description

Modash, a Tallinn-based platform focused on creator partnerships, has successfully closed a €11 million Series A funding round led by henQ VC. The funds will be allocated towards engineering and product improvements, aiming to enhance their global influencer payment solution and AI-enabled creator search features.

Company Information

Company

Modash

Location

Tallinn, Harju Maakond, Estonia

About

Modash is a creator partnerships platform that facilitates collaboration between brands and content creators. Their innovative search engine, Discovery, allows marketing teams to explore 250 million influencers and analyze their audience and content performance metrics. Modash streamlines the partnership process by managing outreach, storing influencer content, and providing a comprehensive payment solution. With nearly 2,000 consumer companies leveraging their services, Modash aims to empower brands to enhance their creator partnerships efficiently.

Funding Insights

Based on industry data
VC-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

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