Observed Signal · Sep 28, 2026 · Funding · Source: techcrunch · Impact: 3/5 · Sentiment: Positive
Modulate raises $25M for voice intelligence platform
Boston-based voice intelligence startup Modulate has raised $25 million in new funding. The round was led by Future Ventures, with participation from Hyperplane and Lakestar. Modulate uses over 100 small models to offer enterprises transcription, emotional analysis, deepfake and AI music detection, and policy enforcement for voice agents in regulated industries. The company was founded in 2017 by Mike Pappas and Carter Huffman, initially focusing on voice modulation for gaming, before pivoting to voice-based moderation and now AI audio detection and intent analysis. With the funding, Modulate plans to expand its on-premises and on-device deployment capabilities for increased privacy and hire around 10 additional employees to bolster model building. The startup currently has 40-45 employees.
This funding round highlights growing investor interest in voice AI, specifically in solutions that enhance enterprise voice interactions with emotion analysis and deepfake detection, which are increasingly relevant for secure and compliant AI-driven customer service.
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Key Takeaways & Evidence Grounding
- Modulate raised $25 million in new funding
- The round was led by Future Ventures with participation from Hyperplane and Lakestar
- Modulate operates more than 100 models for voice analysis and detection
- The startup has 40-45 employees and plans to hire 10 more
- Modulate was founded in 2017 by Mike Pappas and Carter Huffman
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