Tech Company Financing Transactions

Modem Funding Round

Modem, operating out of Toronto, Ontario, secured $4.4 million from Accel Partners, iNovia Capital and private investors.

Transaction Overview

Company Name
Announced On
2/12/2026
Transaction Type
Venture Equity
Amount
$4,400,000
Round
Undisclosed
Investors

Accel Partners (Lead Investor)

iNovia Capital

private investors (Chris Jennings)

private investors (David Cramer)

private investors (Ivan Zhang)

Proceeds Purpose
The company will use the funding to expand its AI product management platform, strengthen its team, and increase adoption among software development teams.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
Toronto, Ontario, Undisclosed
Canada
Email Address
Overview
Modem.dev is an AI-powered auto-triage platform designed for software development teams. It acts as an automated product manager that streamlines the process of handling user feedback and bug reports.
Profile
Modem LinkedIn Company Profile
Social Media
Modem Company Twitter Account
Company News
Modem News
Facebook
Modem on Facebook
YouTube
Modem on YouTube

Management Team

Title
Name
Email & Social
Chief Technical Officer
Mike Clarke
  Mike Clarke LinkedIn Profile  Mike Clarke Twitter Account  Mike Clarke News  Mike Clarke on Facebook
Co-Founder
Ben Vinegar
  Ben Vinegar LinkedIn Profile  Ben Vinegar Twitter Account  Ben Vinegar News  Ben Vinegar on Facebook


 

 

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About Our Venture Capital Transactions Database

Our team works diligently to report on every notable VC transaction. All VC database entries on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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