# Modulate

> Audio-native AI company that raised $25 million in new funding led by Future Ventures.

## Why it is interesting

Voice understanding is becoming infrastructure for fraud, agent supervision and trust-and-safety rather than only gaming moderation.

## Profile

- **Latest funding:** Growth financing — $25M (September 28, 2026)
- **Latest known valuation:** Not publicly disclosed
- **Total disclosed equity funding:** $25M
- **Stage:** growth
- **Status:** private
- **Industries:** N/A
- **Coverage:** full
- **Last updated:** 2026-09-30
- **Latest funding investors:** Future Ventures, Hyperplane, Lakestar

## Key facts

- Sep 28, 2026: $25M new funding led by Future Ventures
- Total funding disclosed: $60M

## Funding history

- Growth financing · $25M · September 28, 2026
  Source: https://www.modulate.ai/press-releases/modulate-raises-25m-to-scale-its-lead-in-frontier-audio-native-ai

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** September 30, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/modulate