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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

Leadership

2
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Who runs ModernFi

6 people are listed on the ModernFi team: 2 executives and 4 board members, including Bennett Johnsen (Chief Compliance Officer) and Michael Mutscheller (Chief Business Officer). 6 of them have a verified direct contact on file.

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Contact database
Verified contact details, revealed on demand

6 of the people at ModernFi have a verified contact on file. Plus members reveal 10 contacts a month, Pro members 200.

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