Modash, an Estonia-based company that provides an influencer marketing platform, has secured $12 million in Series A funding.
Investors
The round was led by henQ, a Dutch VC firm founded in 2004 and based in Amsterdam, Netherlands. The firm prefers to make pre-seed to Series A investments in B2B software startups across Europe.
Modash Use of Funds
With plans to expand its team and enhance AI-driven features, Modash aims to grow its presence in North America and continue developing its end-to-end platform.
About Modash
Founded by Avery Schrader and Hendry Sadrak, Modash provides an influencer marketing platform that focuses on connecting brands with a diverse range of content creators. The company offers a comprehensive suite of tools for brands, including features for sourcing creators, analyzing campaign performance, and managing payments. Modash scrapes open data to provide brands access to a database of around 250 million content creators.
Funding Details
Company: Modash OÜ
Raised: $12.0M
Round: Series A
Funding Date: October 2024
Lead Investor: henQ
Additional Investors:
Company Website: https://www.modash.io/
Software Category: Influencer Marketing
Source: https://techcrunch.com/2024/10/30/modash-is-flipping-the-influencer-marketing-script-by-connecting-brands-with-the-long-tail-of-creators/