When was Modal founded?

Modal was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is Modal located?

Modal is headquartered in San Francisco, United States.

Who is the current CEO of Modal?

Darren Shimkus of Modal. They have also founded 1 company.

How many employees does Modal have?

As of Jul 01, 2024, the latest employee count at Modal is 20.

Is Modal a funded company?

Modal is a funded company, having raised a total of $31.8M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 09, 2022.

When was the latest funding round of Modal?

Modal's latest funding was a $***** Series A round on Apr 02, 2024, with participation from 4 investors.

Where does Modal rank among its competitors?

Modal ranks 50th amongst 2012 active competitors, of which 195 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was 360Learning, which secured $2.11M in Jul, 2025.

Who are the top competitors of Modal?

Modal's top competitors include Cornerstone, Go1 and Docebo. Among them, 360Learning secured the most recent funding round in July, 2025.

Modal - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: www.modallearning.com
Social

Key Metrics

Founded Year

2020

Location

San Francisco, United States

Stage

Series A

Total Funding

$31.8M in 2 rounds

Latest Funding Round

Series A, Apr 02, 2024, $*****

Investors

Left Lane & 5 more

Ranked

50^th among 2012 active competitors

Employee Count

20 as on Jul 01, 2024

Similar Companies

O'Reilly & 130 more

View Modal's full profile

Modal has raised a total funding of $31.8M over 2 rounds. Its first funding round was on Feb 09, 2022. Its latest funding round was a Series A round on Apr 02, 2024 for $*****. 4 investors participated in its latest round. Modal has 6 institutional investors.

Here is the list of recent funding rounds of Modal:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 02, 2024	9843531	Series A	9519126	5770726	6728744	2736964
Feb 09, 2022	8477311	Series A	4239814	3464434	1329555	SignalFire & 3 more

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View details of Modal's funding rounds and investors

The founders of Modal are Dennis Yang and Darren Shimkus. Darren Shimkus is the CEO of Modal.

Here are the details of Modal's key team members:

Dennis Yang: Co-Founder & Chairman of Modal. They are also an angel investor in 1 startup.
Darren Shimkus: Founder & CEO of Modal.

View details of Modal's Founder profiles and Board Members

Modal's employee count trend

Modal has 20 employees as of Jul 24. Here is Modal's employee count trend over the years:

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Top competitors of Modal include Cornerstone, Go1 and Docebo. Here is the list of Top 10 competitors of Modal, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cornerstone 1999, Santa Monica (United States), Acquired	Provider of a platform for talent experience and workforce agility	$64.4M	Meritech, Luminous Ventures & 16 others	85/100
2nd	Go1 1998, Brisbane (Australia), Series D	Cloud-based LMS platform for multi-industry	$430M	SEEK, AirTree & 33 others	80/100
3rd	Docebo 2005, Athens (United States), Public	Provider of an AI-first learning management system for enterprise skills	$6.32M	Klass Capital, Warburg Pincus & 3 others	73/100
4th	D2L 1999, Kitchener (Canada), Public	Provider of LMS systems for multiple sectors	$244M	New Enterprise Associates, OMERS & 6 others	72/100
5th	CoachHub 2018, Berlin (Germany), Series C	Provider of online coaching and professional development solutions	$334M	Speedinvest, Partech Partners & 21 others	71/100
6th	Degreed 2012, Pleasanton (United States), Series D	Provider of a learning experience platform for workforce skill development	$367M	Owl Ventures, Jump Capital & 34 others	71/100
7th	360Learning 2010, Paris (France), Series C	Provider of an AI-powered learning management and collaborative learning platform	$243M	ISAI, SLW & 11 others	68/100
8th	Guild 2015, Denver (United States), Series F	Provider of corporate training solutions	$725M	Social Capital, General Catalyst & 33 others	66/100
9th	TeamLease Edtech 2012, Mumbai (India), Seed	Provider of employability solutions and educational technology for higher education	$3.94M	Consolidated Technical India, Cipher-Plexus ... & 25 others	66/100
10th	Disprz 2015, West Orange (United States), Series C	Provider of AI-powered learning experience management, and enablement platform	$55M	IIML, Kae Capital & 41 others	64/100
50th	Modal 2020, San Francisco (United States), Series A	Provider of learning management services	$31.8M	Ensemble, Norwest & 4 others	53/100