Startups
Modal is an automotive ecommerce service provider. We offer online checkout for car dealerships, making the process of buying a car simpler and more transparent for customers and dealerships.
Like our page for updates, auto news, & insights to help grow your dealership.
Like our page for updates, auto news, & insights to help grow your dealership.
Overview
Location
United States, California, San Francisco
Employees
11-50
Phone
+1 855-255-2377
Total raised
$23M
Founded date
2015
Founders name
Aaron Krane
Founders Related Locations
United States, California, Menlo Park; United States, California, San Francisco
Investors 1
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
Funding Rounds 2
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Dec 8, 2020 | Series A round | $8M |
Mentions in press and media 3
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Dec 8, 2020 | Daily funding roundup - Dec. 8th, 2020 | Codi has raised $7M; Modal secured $15M; CodeSignal landed $25M; Luma: Luma is a San Francisco-based startup that wants to make your Zoom event delightful. Luma has raised $3 million in seed funding, co-led by Maven Ventures and Venrock. Re... |
| Jun 14, 2019 | Drive Motors Raises $5M in Funding | Modal (formerly Drive Motors), a San Francisco, CA-based provider of digital commerce for large auto retailers and brands, raised $5m in funding. Backers included: – Peter Thiel, – IDOM Inc., and – Ally Ventures, the investing arm of nation... |
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FAQ about Modal
When was Modal founded?
Modal was founded in 2015.
How much funding has Modal raised?
Modal has raised $23M in total across 2 funding rounds.
What funding rounds has Modal raised?
Parsers VC lists 2 funding rounds of Modal, among them a Series A round of $8M on Dec 8, 2020.
What has the press written about Modal?
Parsers VC has collected 3 articles mentioning Modal, among them “Daily funding roundup - Dec. 8th, 2020” (Dec 8, 2020) and “Drive Motors Raises $5M in Funding” (Jun 14, 2019).
Is Modal still active?
Yes, Modal is active; its latest activity on Parsers VC dates from Jan 4, 2021.