Pegasus Tech Ventures Invests in Modal Through Its Venture Capital-as-a-Service Fund (VCaaS)

Pegasus Tech Ventures, a Silicon Valley-based global venture capital firm has invested in Modal’s $15M Series A round. Modal provides e-commerce to the world's leading automotive dealers and brands, integrating directly into a dealership’s website as an embedded feature that enables users to complete the entire transaction cycle. Modal’s platform has not only created accessibility to digital transactions, but also is building the ultimate ‘multimodal’ channel to introduce an entire ownership operating system. This additional investment was through one of Pegasus' Venture Capital-as-a-Service (VCaaS) funds.