Fundraising Fox

Modifi

Bainbridge Island, US · Founded 2014 · Delaware corporation · 93 employees on LinkedIn · 5 known investors

MODIFI provides a digital platform for cross-border trade finance, letting exporters and importers onboard online, receive payment right after shipping, and track trades and supplier payouts in one dashboard. It targets businesses engaged in international trade with financing, payment terms, and risk protection.

Founders & leadership

Modifi was founded in 2014 by Jan Wehrs, Sven Brauer, and Nelson Holzner.

JW
Jan WehrsinFounderFormer BillPay CTO; built MODIFI’s trade-finance technology stack.
SB
Sven BrauerinFounderFormer BillPay COO and later VP Product at Klarna; leads operations and product at MODIFI.
NH
Nelson HolznerinCo-Founder & CEOSerial fintech founder; previously founded and led BillPay (acquired by Klarna). Earlier private-equity work at Cerberus Capital.
JP
James PossExecutive
MO
Matthew OtepkaExecutive
JT
J. Todd LarsonExecutive
JA
James A. PossNamed on SEC filing

Investors · 5

Reported raises · per SEC filings

Form D private placements

$2.7M disclosed across 6 of 7 rounds · 2014–2024

$170KraisedFeb 2022 · 9 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • James PossExecutive Officer
Offering amount
$300K
Amount sold
$170K
First sale
Jan 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$210KraisedFeb 2021 · 9 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • James A. PossExecutive Officer, Director
Offering amount
$210K
Amount sold
$210K
First sale
Jan 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$589.7KraisedApr 2019 · 9 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Scott WellerDirector
  • Bob WiseDirector
  • James PossExecutive Officer, Director
  • Gordon DeaneDirector
Offering amount
$1.5M
Amount sold
$589.7K
First sale
Mar 2019
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1MraisedSep 2017 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Gordon DeaneDirector
  • James PossExecutive Officer, Director
  • J. Todd LarsonExecutive Officer, Director
  • Scott WellerDirector
  • Bob WiseDirector
Offering amount
$1M
Amount sold
$1M
First sale
Aug 2017
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$675KraisedOct 2015 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • James PossExecutive Officer, Director, Promoter
  • Matthew OtepkaExecutive Officer
  • J. Todd LarsonExecutive Officer
Offering amount
$1.5M
Amount sold
$675K
First sale
Oct 2015
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$100KraisedAug 2014 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • James A. PossExecutive Officer, Director, Promoter
Offering amount
$600K
Amount sold
$100K
First sale
Jul 2014
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Competitors · 1

by search overlap

Companies competing with Modifi for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Modifi do?
MODIFI provides a digital platform for cross-border trade finance, letting exporters and importers onboard online, receive payment right after shipping, and track trades and supplier payouts in one dashboard. It targets businesses engaged in international trade with financing, payment terms, and risk protection.
Who founded Modifi?
Modifi was founded by Jan Wehrs, Sven Brauer, Nelson Holzner in 2014.
Who are Modifi's investors?
Modifi's investors include Maersk Growth, Neva Sgr., PICUS CAPITAL, HighCape Capital, Pathway Bioventures.
How much funding has Modifi raised?
Modifi has disclosed $2.7M raised across 6 of its 7 known rounds.
Where is Modifi headquartered?
Modifi is headquartered in Bainbridge Island, US.