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Modal Announces $15M Series A

2020-12-28
SAN FRANCISCO, CA, Modal has raised a $15 million Series A financing led by American Honda.
Modal, which provides e-commerce to automotive dealers and brands, has raised a $15 million Series A financing, led by American Honda, with existing investors participating in and completing the round. Pegasus Tech Ventures participated in the financing.

Modal's automotive e-commerce platform enables car dealers and brands to deliver contactless, optimized, and fully transacted online buying that fits inside their own webpages, while increasing sales profits by up to 80 percent.
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