# Modulate raises $25M for voice analysis and deepfake detection

Digest AI · Business & Funding · published 2026-09-28T14:05:00Z

Canonical: https://digestai.news/story/modulate-raises-25m-for-voice-analysis-and-deepfake-detection

## Summary

Boston-based voice intelligence startup Modulate has secured $25 million in new funding led by Future Ventures, with participation from Hyperplane and Lakestar. This round follows previous investments that brought the company's total funding to $41 million at a $170 million valuation, according to PitchBook data. The capital will support the expansion of Modulate's platform, which utilizes an array of small models to provide enterprises with transcription, emotional analysis, and deepfake detection for voice agents in regulated industries.

Founded in 2017 by Mike Pappas and Carter Huffman, the company initially focused on voice modulation for gaming before pivoting to voice-based moderation. Today, Modulate operates over 100 models divided into signal extraction and analysis/detection categories. These models assess vocal emotion, tone, and synthetic voice determination, while also analyzing intent to identify scams or compliance violations. Co-founder Carter Huffman noted that using smaller models reduces the need for specialized hardware and high compute costs, allowing for easier training and deployment.

The startup currently employs 40-45 people and plans to hire 10 more to bolster model building. Modulate specializes in alerting organizations like call centers to potential deepfake scams and monitoring AI agent performance for quality and compliance. The company is also working on enhancing on-premises and on-device deployment capabilities to address privacy concerns as enterprises increasingly adopt AI-powered customer service.

## Key points

- Modulate raised $25M led by Future Ventures, with participation from Hyperplane and Lakestar.
- The company uses over 100 small models for transcription, emotional analysis, and deepfake detection.
- Modulate aims to hire 10 more employees to expand its model building capabilities.

## Why it matters

As voice AI adoption grows, the need for robust deepfake detection and intent analysis increases. Modulate's approach using smaller, efficient models offers a cost-effective solution for enterprises to ensure compliance and security in regulated voice interactions.

## Sources

1. [Modulate raises $25M for its voice models and analysis suite](https://techcrunch.com/2026/09/28/modulate-raises-25m-for-its-voice-models-and-analysis-suite) (TechCrunch AI, 2026-09-28)

## Cite

Digest AI, "Modulate raises $25M for voice analysis and deepfake detection", 28 September 2026, https://digestai.news/story/modulate-raises-25m-for-voice-analysis-and-deepfake-detection

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