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Modveon Raises $10 Million to Build a Verified Operating System for Governments and Citizens, backed by Coinbase Ventures and others.

PRIVATEFeb 09, 2026•3 months ago

Amount Raised

$10 Million

Palo AltoInformation TechnologyArtificial Intelligence

Investors

Strategic Cyber VenturesHumla VenturesFirebolt VenturesCoinbase Ventures

Description

Modveon has raised $10 million to modernize communication and transactions between governments and citizens. The funding was led by Coinbase Ventures, Firebolt Ventures, Humla Ventures, Strategic Cyber Ventures, and others. Modveon aims to create an identity-first operating system to enhance digital interactions. Initial government deployments are already underway as the company prepares for a broader launch.

Company Information

Company

Modveon

Location

Palo Alto, California, United States

About

Modveon builds verified digital infrastructure for modern societies. The company is focused on creating an identity-first operating system that facilitates verified digital interactions. Founded in 2025, it aims to modernize communication and transactions between governments and citizens. Modveon is led by CEO and Co-Founder Nana Murugesan, who has experience in notable tech companies.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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