Key facts
- ModernFi’s last known valuation is $213.9M (Jun 2025).
- It has raised $59.1M across 3 recorded rounds; the latest was Early Stage VC ($29.1M) in Jun 2025.
- Notable investors include Andreessen Horowitz, Entrepreneurs Roundtable Accelerator, Next Level Ventures, Canapi Ventures, Curql — 13 tracked in total.
- ModernFi has filed 3 Form Ds with the SEC since 2022, most recently Jul 2025 ($29.1M sold to 5 investors).
- Status: Privately Held (backing).
Leadership
- Bennett JohnsenChief Compliance Officer
- Michael MutschellerChief Business Officer and Member of the founding team
- ·Post-money valuations for all 3 rounds
- ·The complete investor list — 13 names
- ·Watchlist + deal alerts for ModernFi
Funding rounds
3 roundsAbout ModernFi
Operator of a deposit management platform intended for banks and credit unions. The company's platform enables financial institutions to source deposits, sweep funds, and enhance depositor security while operating on a modern technology stack with a foundation of compliance, enabling institutions of all sizes to grow, retain, and manage their deposit base effectively.
- Sector
- Information Technology
- HQ
- New York, NY, United States
- Founded
- 2022
- Employees
- 43
- Website
- modernfi.com/
- Ownership
- Privately Held (backing)
ModernFi doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.
Recorded secondary trades
No secondary trades in ModernFi shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.
Institutional fund marks
No SEC-registered fund has reported a fair-value mark on ModernFi in its N-PORT filings yet. We sweep new filings monthly.