How much funding has Modus raised?

Modus has raised $85M in total funding. Their latest funding round was Series A. Key investors include Lightspeed Venture Partners, Comma Capital, Garry Tan.

Where is Modus headquartered?

Modus is headquartered in New York, United States. The company has a team of 11-50 people.

Modus operates in the AI in Fintech sector. Modus is an AI-native audit technology platform and holding company that partners with accounting firms, combining an AI-driven audit platform with strategic investments in CPA firms to modernize audit workflows. Modus combines AI-native audit automation technology with a strategic roll-up model — acquiring stakes in accounting firms and embedding AI engineers to codify partner firms' methodologies into automated workflows, enabling faster audits, higher quality, and improved capacity.

When was Modus founded?

Modus was founded in 2025. It is based in New York, United States.

How much funding has Modus raised?

Modus has raised $85M in total funding. Key investors include Lightspeed Venture Partners, Comma Capital, Garry Tan.

Who is the CEO of Modus?

Arush Jain is the CEO of Modus. The company was founded in 2025.

Where is Modus located?

Modus is headquartered in New York, United States.

What funding stage is Modus at?

Modus is currently at the Growth Stage stage.

How many employees does Modus have?

Modus has approximately 11-50 employees.

Modus

Category: AI in Fintech

Modus is an AI-native audit technology platform and holding company that partners with accounting firms, combining an AI-driven audit platform with strategic investments in CPA firms to modernize audit workflows. Modus was founded in 2025. The company is led by Arush Jain. Based in New York, United States. Team size: 11-50. Total funding raised: $85M. Latest round: Series A. Key investors include Lightspeed Venture Partners, Comma Capital, Garry Tan.

Founded: 2025
Headquarters: New York, United States
Team size: 11-50
Total funding: $85M

Value proposition

Modus combines AI-native audit automation technology with a strategic roll-up model — acquiring stakes in accounting firms and embedding AI engineers to codify partner firms' methodologies into automated workflows, enabling faster audits, higher quality, and improved capacity.

Products and solutions

AI-native audit platform with automated fieldwork (data cleaning agents that normalize client files), intelligent scheduling (optimizes utilization across engagements), and AI review assistants (trained on partner-specific standards to flag anomalies and generate review comments). Integrates with existing tools including CCH, Suralink, and Monday.com.

Unique value

The world's first AI-native accounting firm model: Modus doesn't just sell audit software — it invests in and partners with accounting firms, embedding AI engineers directly within partner teams to build custom workflows that automate fieldwork, scheduling, and review processes.

Target customer

Mid-market and top-200 accounting firms in the US seeking modernization, scale, and AI-powered audit capabilities

Industries served

Accounting & Audit (Financial Services)

Technology advantage

Bespoke AI models trained on partner firms' specific audit methodologies; integration layer unifying fragmented legacy systems; embedded engineering team model for continuous customization; seven AI workflows already deployed covering end-to-end audit processes; projected to more than double partner firm organic growth rate.

How they differentiate

Unlike traditional audit software vendors that sell off-the-shelf solutions, Modus takes an acquisition-first approach — investing in CPA firms directly and embedding its team to build custom AI tools. This creates aligned incentives, deeper workflow integration, and faster adoption than pure software sales.

Main competitors

MindBridge AI, AuditBoard, Trullion, Vic.ai

Key partnerships

Investment in a top-200 accounting platform with over $30M in annual revenue (per Inside Public Accounting), advisory board includes Jim Burton (former chief auditor at Grant Thornton) and Brian Blaha (former chief growth officer of Wipfli)

Notable customers

Top-200 US accounting firm (per Inside Public Accounting, name undisclosed) with $30M+ annual revenue

Major milestones

Founded June 2025 by Arush Jain, Pranav Pillai, and Vinay Kasat (UPenn alumni), raised $85M Seed & Series A led by Lightspeed Venture Partners (April 2026), invested in a top-200 accounting firm with $30M+ revenue, deployed 7 AI workflows covering end-to-end audit processes, projected to more than double partner firm organic growth rate within 2026

Market positioning

First-mover in the "AI-native accounting firm" space, positioned at the intersection of AI automation and accounting firm consolidation. Targeting a $50B+ US audit market that has been historically underserved by technology.

Geographic focus

United States

About Arush Jain

Ex-Private Equity Senior Associate at Thoma Bravo; former roles at DBO Partners and The Wharton School. Bachelor of Economics in Finance from The Wharton School, University of Pennsylvania.

Latest news about Modus

Modus raised $85 M in a combined seed & Series A round led by Lightspeed, with backing from Comma Capital and Garry Tan. The capital will accelerate its AI‑native audit platform and fuel its roll‑up s

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Official website: https://www.modusaudit.com