Modal Revolutionizing Corporate Training with $25M Series A Funding
April 4, 2024, 3:35 pm
Udemy
Location: United States, California, Palo Alto
Employees: 1001-5000
Founded date: 2010
Total raised: $323M
Modal, a San Mateo, CA-based skills development platform, has secured $25 million in Series A funding to transform the way corporate workers learn data and AI skills. Founded by Darren Shimkus and Dennis Yang, former leaders at Udemy, Modal offers personalized technical training through expert coaching and job-simulated projects. The platform aims to bridge the gap between skills and business objectives, helping companies upskill their teams and drive digital transformation. With a focus on data and AI, Modal is set to make a splash in the upskilling market by providing real-world application and tailored learning plans for each team member. The recent funding round led by Left Lane Capital will fuel Modal's expansion and support its mission to democratize learning for all.