Modernbanc
PrivateLast Round
Seed
Feb 1, 2021
Est. Valuation
$1.79M
Total Funding Raised
$3.73M
Company Overview
Modernbanc operates in FinTech and is based in San Francisco, California. Its latest recorded funding round was a Seed round in February 2021.
Modernbanc is a financial technology company that provides an AI-powered accounting and financial management platform designed for startups and small businesses.
Sector
FinTech
Verticals
Accounting & Expense, Workflow Automation, NLP & Conversational AI, Business Intelligence
Business Model
B2B
Customer Profile
Subscription SaaS
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Modernbanc Comparables
Compare Modernbanc with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Puzzle | 83% | |
| Truewind | 82% | |
| Digits Financial | 77% |
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Modernbanc Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Feb 1, 2021 | ||||
| Pre Seed | Dec 6, 2020 | ||||
| Accelerator | Jan 1, 2020 |
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Key People
Founding team and executive leadership
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Modernbanc Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Adapt Ventures | Pre Seed |
| Global Founders Capital | Pre Seed, Seed |
| Backend Capital | Seed |
| Socially Financed | Pre Seed |
| Village Global | Seed |
| Taurus Ventures | Pre Seed |
| Y Combinator | Accelerator |
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Modernbanc Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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Frequently Asked Questions
Common questions about Modernbanc's valuation, stock price, and market status.
Is Modernbanc a public or private company?
Modernbanc is a private company.
What is the current stock price of Modernbanc?
Modernbanc is a private company, so its shares have no public market price. Caplight tracks Modernbanc's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Modernbanc worth (valuation)?
Modernbanc's valuation is estimated at $1.8M based on funding round data.
Can I buy Modernbanc stock?
Modernbanc shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Modernbanc's last funding round?
Modernbanc's most recent funding round was Seed on February 1, 2021.
Who are the main investors in Modernbanc?
Key investors in Modernbanc include Y Combinator.
Will Modernbanc IPO soon?
No public IPO plans have been announced for Modernbanc.
How can I track Modernbanc secondary market activity?
Caplight tracks bids, offers, and trades in Modernbanc's shares on secondary markets.