Every round on record, with the sources behind each and the investors on them.
A developer of AI software that analyzes speech, including tone, emotion, and synthetic voices
modulate.aiLinkedInSomerville, Mass.AIFounded 201740-45 employees
30 sources
FinancialIT and Fortune appear on September 29, but the company release fixes the announcement to September 28; the release wins.
Publication audit: stage Undisclosed (unlabeled funding round): "Modulate, a Somerville, Mass.-based developer of AI software that analyzes speech, including tone, emotion, and synthetic voices, raised $25 million in funding." (https://fortune.com/2026/09/29/openai-agents-are-still-ransacking-the-web)
Publication audit: leads should be Future Ventures (https://techcrunch.com/2026/09/28/modulate-raises-25m-for-its-voice-models-and-analysis-suite)
2 sources
Developing: it holds up against its sources so far, and firms up as more reporting lands.
The supplied source states the $30M amount and is dated August 17, 2022, but does not state the round stage, investors, valuation, financing total, or headquarters.; not on the page it cites, so not applied: date
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Series A Undisclosed (unlabeled funding round) | $25M $60M to date | 2026-09-28 | Future Fund | No recent discussion |
30 sources [ VERIFIED · CORRECTED ] read against 4 of 30 sources
FinancialIT and Fortune appear on September 29, but the company release fixes the announcement to September 28; the release wins. Publication audit: stage Undisclosed (unlabeled funding round): "Modulate, a Somerville, Mass.-based developer of AI software that analyzes speech, including tone, emotion, and synthetic voices, raised $25 million in funding." (https://fortune.com/2026/09/29/openai-agents-are-still-ransacking-the-web) Publication audit: leads should be Future Ventures (https://techcrunch.com/2026/09/28/modulate-raises-25m-for-its-voice-models-and-analysis-suite) | ||||
Modulate builds audio-native AI models that help companies understand what is happening in human voice conversations—including tone, emotion, intent, synthetic speech, and behavior—for voice AI, fraud prevention, customer experience, and trust-and-safety applications.
Modulate matters because its audio-native Velma models are designed to hear tone, emotion, intent, synthetic speech, and conversational behavior that transcripts miss, enabling real-time fraud prevention, agent supervision, and trust-and-safety interventions. The company says it has analyzed more than 600 million hours of audio and more than 10 million hours monthly, and the latest $25 million round is funding expansion of its models, developer ecosystem, and partner network.
Checked against 8 sources 6d ago
| Series A [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $30M | 2022-08-16 | Lakestar | No recent discussion |
2 sources [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 1 of 2 sources The supplied source states the $30M amount and is dated August 17, 2022, but does not state the round stage, investors, valuation, financing total, or headquarters.; not on the page it cites, so not applied: date [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]2 pages read: techfundingnews.com, modulate.ai·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]confirmedchecked against 1 of 2 sources·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
| EARLIER ROUNDS FROM COMPANY RESEARCH · DEVELOPING | ||||
| Series Seed | $4M | 2020-03-11 | 2Enable Partners | |
Also named as backers in company research: 2Enable Partners, Everblue Management, Sierra Ventures, Third Kind Venture Capital, Mike Dornbrook