Modal.io
156 2nd St, San Francisco, CA, 94105, United States
Overview
Modal is a San Mateo, CA-based skills development platform for data and analytics professionals. Founded by Darren Shimkus and Dennis Yang, the former President and CEO of Udemy respectively, the platform combines courses, projects, labs, 1-1 expert coaching, and community to teach the technical 'why' and 'how' for data teams. Modal leverages job-simulated projects and one-on-one coaching to drive education for those who work with data. The company recently launched Organizational Development Plans (ODP) to help companies connect goals to specific skills and accelerate data-driven transformation. Modal plans to use the $25M Series A to enhance its platform, expand go-to-market capabilities, and continue recruiting talent. Modal is a cohort-based learning platform founded by former Udemy executives Darren Shimkus and Dennis Yang that launches publicly to sell curated upskilling programs to enterprises. Its first product targets data literacy at startups, grouping employees into 30–40 person cohorts for eight-week experiences that combine asynchronous projects and live events. Modal develops and owns all curriculum internally rather than relying on user-generated courses. The company monetizes via a classic enterprise B2B sales model. Modal declined to share revenue targets, customer names, or customer counts. Founders position the product as an alternative to large MOOC-style offerings, with future courses planned in subjects such as natural language processing, Python, and data storytelling.
- Total raised
- $32M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Apr 2024
Industries
- Analytics
- E-Learning
- Education
Recent funding
Series A
Apr 2024
$25M
Equity
Feb 2022
$7M