Modash Secures $12 Million in Series A

Modash Secures $12 Million in Series A

Modash, an Estonia-based company that provides an influencer marketing platform, has secured $12 million in Series A funding.

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.

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.

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