Modash Secures $12 Million in Series A

by Kay Aloha Villamor in November 1st, 2024

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/ 


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