Fact · Dictation software
25million US dollars
Modulate announced on 28 September 2026 that it had raised $25 million in new funding, led by Future Ventures, with participation from Hyperplane and Lakestar. The company says the round brings its total funding to $60 million.
Quote found word for word on the live source, last checked October 19, 2026
In the source's own words
“today announced $25 million in new funding led by Future Ventures, with participation from Hyperplane and Lakestar”
Modulate Raises $25M to Scale Its Lead in Frontier Audio-Native AI, Modulate, 2026, Dateline paragraph of the press release, dated September 28, 2026.
Open the original- What it measures
- Modulate describes itself in the release as the frontier audio AI company. Its products include Velma, an audio-analysis platform, and the Velma Transcribe speech-to-text API. The release names no series label for the round.
- What it does not show
- The company's own announcement, so the amount is the company's figure of new money. It does not say whether any part of the $60 million total was raised in earlier rounds that were not announced.
In the data
A row of Voice AI Funding: Speech and Dictation Startup Rounds, as Modulate raises $25M, 2026: 25 million US dollars.
- Company
- Modulate
- Deal
- Growth or unlabeled round
- What the company makes
- Voice agents and voice AI
- Led by or buyer
- Future Ventures
- Announced
- 2026-09-28
- Year
- 2026
Source
Used to calculate
- In the funding rounds and acquisitions in speech recognition and dictation dataset, the 11 published figures for “Voice agents and voice AI” have a median of 30 million US dollars, ranging from 2 to 580.7.
- The funding rounds and acquisitions in speech recognition and dictation dataset holds 50 data points, each a published figure traced to its source.
- The funding rounds and acquisitions in speech recognition and dictation dataset draws on 46 distinct sources.