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Modulate

Modulate

Private
Somerville, MassachusettsAI, Data & Cloud Infrastructurehttps://www.modulate.ai/

Last Round

Early Funding

Sep 28, 2026

Total Funding Raised

$36M

Momentum

Top 1%

of companies Caplight tracks

Company Overview

Modulate is a software company that develops voice intelligence and moderation platforms, including ToxMod, which utilize machine learning to analyze conversational audio for fraud detection, safety, and sentiment analysis.

Sector

AI, Data & Cloud Infrastructure

Verticals

NLP & Conversational AI, Gaming, Application Security

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Infrastructure

Keywords

voice moderationToxModtoxic speech detectionsynthetic voice detectiondeepfake detectionAI safetyvoice intelligencespeech-to-textgaming moderationreal-time moderationAI guardrailscontent moderation APIAI agent securityusage-based billingB2B SaaS

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Modulate Comparables

Compare Modulate with similar companies based on industry and business-model similarity.

Modulate comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
GGWP
79%
Alice
79%
Unity Software Inc.
76%

Modulate Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Early FundingSep 28, 2026
Series AAug 16, 2022
SeedMar 11, 2020
SeedFeb 27, 2019

Key People

Founding team and executive leadership

Graham Gullans

Chief Operating Officer & CFO

Executive Team

Terry Chen

CIO VP, COO, VP Of Audio

Executive Team

Modulate Investors

Notable investors and investment history

Modulate investors
InvestorRounds
Sierra VenturesSeed
Future VenturesEarly Funding
Galaxy InteractiveSeries A
HyperplaneSeries A
LakestarEarly Funding, Series A
EVERBLUE ESPORTS VENTURESSeries A
Hyperplane Venture CapitalSeries A, Seed, Early Funding

Market signals

Structured signals derived from secondary market and firmographic data.

  • Sep 28, 2026

    $25M raised, led by Future Ventures.

  • Aug 21, 2026

    Monthly visitors increased 49% MoM.

Recent news

Latest coverage and updates

  • increases_headcount_bySep 28, 2026

    Modulate will increase headcount by 10 on Oct 1st '26.

  • integrates_withAug 4, 2026

    Modulate integrated with Scam on Aug 4th '26.

  • launchesJul 21, 2026

    Modulate launched Velma at Ai4 2026 on Jun 3rd '26.

  • attends_eventJul 21, 2026

    Modulate will attend event Ai4 on Aug 4th '26.

  • attends_eventJul 21, 2026

    Modulate will attend event Ai4 2026 on Aug 4th '26.

Modulate Filings

Explore SEC and related filing metadata, where available.

Modulate filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Modulate's valuation, stock price, and market status.

Is Modulate a public or private company?

Modulate is a private company.

What is the current stock price of Modulate?

Modulate is a private company with no public stock price. No recent secondary market data is available.

How much is Modulate worth (valuation)?

Valuation information for Modulate is not publicly available.

Can I buy Modulate stock?

Modulate shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Modulate's last funding round?

Modulate's most recent funding round was Series A on August 16, 2022.

Who are the main investors in Modulate?

Key investors in Modulate include Lakestar, Hyperplane Venture Capital.

Will Modulate IPO soon?

No public IPO plans have been announced for Modulate.

How can I track Modulate secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Modulate's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSomerville, Massachusetts
Employee Range52
Year Founded2017
Last FundingSep 28, 2026

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