# Modulate

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/modulate

- Industry: Software
- Headquarters: Somerville, US
- Website: www.modulate.ai
- Total disclosed funding: $39M
- Latest round: Series A (Apr 28, 2022)
- Investors on record: 7

## About

Modulate, Inc. specializes in voice intelligence solutions that enhance safety across digital platforms, utilizing advanced technology to promote community protection and mitigate harmful behaviors. Founded in 2019 in Cambridge, US, Modulate, Inc. focuses on voice moderation technologies. The founders include Carter Huffman, Mike Pappas, and Olivia Johansson, with Mike Pappas serving as CEO.Modulate, Inc. offers advanced voice intelligence solutions designed to enhance community safety across various digital platforms. The company’s flagship products include ToxMod, which utilizes real-time voice analysis to identify and mitigate harmful behaviors in gaming and social media, and VoiceVault, providing AI-powered fraud detection for secure financial transactions. These products cater to clients including gaming companies and social platforms in North America and Europe. Modulate's revenue is generated through subscription-based models and partnerships with digital platforms that integrate the company’s voice moderation technologies. Clients engage with Modulate’s services through scalable plans, enabling effective toxicity management and fraud detection. Partnerships facilitate access to ToxMod and VoiceVault, essential for real-time monitoring and compliance in regulated industries. In September 2026, Modulate raised USD 25 million in venture funding led by Future Ventures, with participation from Hyperplane Venture Capital and Lakestar. The company plans to use the September 2026 funding to advance its audio-native AI models, expand its developer and partner ecosystem, and invest in AI research, engineering, APIs, and deployment tools for voice-based applications.

## Funding rounds

- Series A, Apr 28, 2022, $33M — Lakestar, Hyperplane Venture Capital, Everblue Management
- Seed, Mar 11, 2020, $4M — Sierra Ventures, Hyperplane Venture Capital, Third Kind Venture Capital, Crush Ventures, Everblue Management, 2enable Partners
- Seed, Feb 27, 2019, $2M — Hyperplane Venture Capital, 2enable Partners

## Investors

- Hyperplane Venture Capital (https://capitalatlas.ai/funds/hyperplane-venture-capital) — Seed, Series A
- 2enable Partners (https://capitalatlas.ai/funds/2enable-partners) — Seed
- Sierra Ventures (https://capitalatlas.ai/funds/sierra-ventures) — Seed
- Third Kind Venture Capital (https://capitalatlas.ai/funds/third-kind-venture-capital) — Seed
- Crush Ventures (https://capitalatlas.ai/funds/crush-ventures) — Seed
- Everblue Management — Seed, Series A
- Lakestar (https://capitalatlas.ai/funds/lakestar) — Series A
