ModernFi

New York, NY · Founded 2022 · Privately Held (backing)

Operator of a deposit management platform intended for banks and credit unions. ModernFi is based in New York, NY and was founded in 2022. It was valued at $214 million at its early-stage round in Jun 2025, the last priced event on record. It has raised $59.1 million across 3 recorded rounds; the latest was a $29.1 million early-stage round in Jun 2025.

PMV mark · valuation
$213.9M
Oct 2026
Priced at
its early-stage round
Jun 2025
Total raised
$59.1M
Last round
Early Stage VC
Jun 2025
How much has ModernFi raised?
$59.1Macross 3 recorded rounds · May 2022 – Jun 2025

Most recently, ModernFi raised $29.1M in its Early Stage VC (Jun 2025).

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ModernFi round by round

3 rounds
Jun 2025Early Stage VC$29.1MSEC filing▮
5 investors participated
Jul 2024Seed Round$5.0MSEC filing▮
4 investors participated
May 2022Seed Round$4.5MSEC filing▮
11 investors participated

How much has ModernFi raised?

ModernFi has raised $59.1 million across 3 recorded rounds since 2022. The largest was a $5 million seed round in Jul 2024; the most recent was a $29.1 million early-stage round in Jun 2025.

ModernFi has filed 3 Form Ds with the SEC since 2022, most recently in Jul 2025 ($29.1 million sold to 5 investors).

ModernFi investors

13 investors are on record for ModernFi, including Andreessen Horowitz, Entrepreneurs Roundtable Accelerator, Next Level Ventures and Canapi Ventures. The early-stage round in Jun 2025 drew 5 investors.

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13 investors have backed ModernFi.

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Frequently asked about ModernFi

How much has ModernFi raised?
ModernFi has raised $59.1M in total across 3 recorded funding rounds.
When was ModernFi's last funding round?
ModernFi's most recent recorded round was Early Stage VC in Jun 2025, raising $29.1M.