Modulate key facts
as of Oct 2026- Developer of a voice modulation platform designed to provide customizable voice skins for games.
- Modulate is valued at approximately $233.4M as of Oct 2026, set at its early-stage round, Sep 2026; nothing has traded since, per PrivateMarketView’s mark.
- It has raised $41.0M across 2 recorded rounds; the latest was Early Stage VC ($25.0M) in Sep 2026.
- Notable investors include InsurTech NY, Lakestar, Massachusetts Institute of Technology, Sierra Ventures, Galaxy Interactive — 14 tracked in total.
- Modulate has filed 1 Form D with the SEC, most recently Mar 2019 ($1.5M sold to 2 investors).
- Status: Privately Held (backing).
Valued at $233.4M at its early-stage round, Sep 2026. Nothing has traded since.
- ·The post-money valuation on its round
- ·The complete investor list: 14 names
- ·Watch Modulate: the Monday email on marks, rounds and moves
Modulate funding rounds
2 roundsWho backs Modulate
14+Modulate valuation
Modulate was valued at $233 million at its early-stage round in Sep 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.
Recent activity
In the last 90 days, Modulate's record added 1 funding round.
How much has Modulate raised?
Modulate has raised $41 million in total; 2 of its rounds are on record. The largest on record was a $25 million early-stage round in Sep 2026. 1 of the rounds disclosed a post-money valuation.
Modulate has filed 1 Form D with the SEC, most recently in Mar 2019 ($1.5 million sold to 2 investors).
Modulate investors
14 investors are on record for Modulate, including InsurTech NY, Lakestar, Massachusetts Institute of Technology and Sierra Ventures. By type, the record holds 6 venture capital firms and 1 family office. The early-stage round in Sep 2026 drew 3 investors.
About Modulate
Developer of a voice modulation platform designed to provide customizable voice skins for games. The company's platform utilizes machine learning techniques to provide a range of customization features for the voice of gaming avatars, allowing users to alter the sound of speech without affecting the underlying emotion, wording or overall speech style, enabling gamers to speak in the digital world using a variety of tones available online.
- Sector
- Information Technology
- HQ
- Somerville, MA, United States
- Founded
- 2019
- Employees
- 50
- Website
- modulate.ai/
- Ownership
- Privately Held (backing)
Is this your company? Sign in with your work email to keep it current, or tell us what's wrong.