Fundraising Fox

ModernFi

New York, US · Founded 2022 · Delaware corporation · 5 known investors

modernfi.com ↗

ModernFi operates a member-owned deposits network and reciprocal deposits platform that enables community and regional financial institutions to compete with larger banks. The company provides infrastructure, technology, and services to help institutions of all sizes serve businesses, public funds, nonprofits, and families.

Fintechin /modernfi

Founders & leadership

AD
Adam DeVitaExecutive Officer, Director
PB
Paolo BertolottiExecutive Officer, Director
NU
Neil UnderwoodDirector

Investors · 5

Andreessen HorowitzMenlo Park · $500K – $50M
Canapi VenturesNew York
Curql Collective, LLCDes Moines
Entrepreneurs Roundtable Accelerator (ERA)New York · $100K – $2M
Remarkable VenturesNew York

Reported raises · per SEC filings

Form D private placements
▶$29.1MraisedJul 2025 · 5 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Paolo BertolottiExecutive Officer, Director
  • Adam DeVitaExecutive Officer, Director
  • Neil UnderwoodDirector
Offering amount
$30M
Amount sold
$29.1M
First sale
Jun 2025
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5MraisedAug 2024 · 4 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Neil UnderwoodDirector
  • Adam DeVitaExecutive Officer, Director
  • Paolo BertolottiExecutive Officer, Director
Offering amount
$5M
Amount sold
$5M
First sale
Jul 2024
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$4.5MraisedSep 2022 · 11 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Paolo BertolottiExecutive Officer, Director
  • Adam DeVitaExecutive Officer, Director
Offering amount
$4.5M
Amount sold
$4.5M
First sale
May 2022
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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