# Modyfi

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

- Industry: Software
- Headquarters: Los Angeles, US
- Website: www.modyfi.com
- Total disclosed funding: $8.2M
- Latest round: Seed (Nov 10, 2022)
- Investors on record: 5

## About

Founded in 2021 and based in California, US, Modyfi, Inc. provides the next-generation image editing platform that combines creativity, efficiency, and collaborative capabilities. Joe Burfitt (CEO) and Piers Cowburn (CTO) are the co-founders of the company. In August 2023, Modyfi, Inc. raised USD 7 million in seed funding from New Enterprise Associates and General Catalyst Partners.

The company provides an image editing platform that is characterized by its AI-native design capabilities, allowing users to harness the power of artificial intelligence while maintaining precise control over their creations. The firm’s platform also promotes collaboration by centralizing projects and assets, simplifying the sharing and feedback processes. With features like non-destructive editing and WebGPU support, Modyfi Inc.'s editor offers unparalleled flexibility and speed.

The organization plans to use the August 2023 funding to further grow its product offering and encourage early user adoption.

## Funding rounds

- Seed, Nov 10, 2022, $8.2M — New Enterprise Associates, General Catalyst Partners, Craft Capital, Habitat Partners Management, Cursor Capital

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Seed
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Seed
- Craft Capital (https://capitalatlas.ai/funds/craft-capital) — Seed
- Habitat Partners Management (https://capitalatlas.ai/funds/habitat-partners-management) — Seed
- Cursor Capital (https://capitalatlas.ai/funds/cursor-capital) — Seed