Modveon, founded in 2025 and headquartered in Palo Alto, is creating an identity-centric operating system for modern societies. The platform provides verified digital identity, closed-loop communications, regulated digital payments, and automated services, giving governments and citizens a trusted digital environment. By addressing the widening gap between internet scale and trust infrastructure, the company aims to make real-world digital interactions reliable at societal scale. Initial government deployments are already live, backed by commercial agreements that are generating revenue. Modveon plans a broader public launch later this year, with additional product and partnership announcements expected. The company is led by CEO and co-founder Nana Murugesan, whose prior executive roles include Coinbase, Matter Labs (ZKsync), Snapchat, and Samsung.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2026