How Much Did Modality Raise?
Funding & Key Investors

Modality Inc. has successfully secured a significant capital injection, bringing its total funding to $125K. This latest financing round, which accounts for $125K, underscores the firm's robust position within the competitive medical staffing sector. By leveraging this recent investment, the company is well-positioned to accelerate its operational footprint and enhance its service delivery capabilities across the healthcare and administrative recruitment landscapes.

What is Modality?

Modality
Business ServicesHuman Resources Management Systems (HRMS)

Modality Inc. operates as a specialized recruitment agency focused on bridging the gap between high-demand medical facilities and qualified professionals. The firm maintains a distinct market position by concentrating on niche sectors such as Radiology and specialized medical fields, alongside comprehensive administrative and human resources staffing. By streamlining the talent acquisition process, Modality Inc. addresses critical labor shortages, providing a vital service that ensures healthcare providers and corporate entities maintain operational continuity through the placement of vetted, skilled personnel.

How much funding has Modality raised?

Modality has raised a total of $125K across 1 funding round:

2021

Debt

$125K

Debt (2021): $125K with participation from PPP

Key Investors in Modality

PPP

Public-Private Partnership

What's next for Modality?

With the infusion of this late-stage capital, Modality Inc. is expected to prioritize the scaling of its proprietary recruitment infrastructure and the expansion of its regional service networks. The strategic focus will likely shift toward integrating advanced data-driven matching technologies to improve candidate-to-role alignment, thereby increasing retention rates for their clients. As the healthcare labor market continues to face volatility, Modality Inc. is poised to leverage its financial backing to capture greater market share, potentially exploring inorganic growth opportunities or further diversifying its service offerings into adjacent professional sectors to solidify its long-term industry authority.

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Frequently Asked Questions Regarding Modality Financial Insights

What are the most recent funding rounds that Modality has completed, and what were the funding rounds?
Modality has recently completed 1 funding rounds: Debt on Jan 28, 2021.
What is the total amount of funding Modality has raised to date?
Modality has raised a total of $125K in funding to date.
How many funding rounds has Modality completed?
Modality has completed 1 funding rounds.
How much funding did Modality raise in its most recent funding round?
Modality raised $125K in its most recent funding round.
Who are the lead investors in Modality's latest funding round?
The lead investor in Modality's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Modality's history?
The largest funding round in Modality's history was $125K.
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